3 Bed Semi-Detached House, Refurb/BRRR, Oldham, OL2 6HW, £159,950

528 Higginshaw Lane, Royton , OL2, Oldham, OL2 6HW - a month ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 2%
~93 m²
+7 photos

ValuationFair Value

Sold Prices£97K - £305.5K
Sold Prices/m²£1K/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£163,149

 

 

End Value (After Refurb)

£214,937

Uplift in Value

+34%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£39,988

Stamp Duty & Legal Fees

£9,897

Refurb Costs

£39,267

Bridging Loan Interest

£4,199

Total Cash In

£95,099

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£214,937

Mortgage (After Refinance)

£161,203

Mortgage LTV

75%

Cash Released

£41,240

Cash Left In

£53,859

Equity

£53,734

Rent Range

£850 - £1,400

Rent Estimate

£1,062

Running Costs/mo

£904

Cashflow/mo

£158

Cashflow/yr

£1,895

ROI

2%

Gross Yield

8%

Local Sold Prices

50 sold prices from £97K to £305.5K, average is £180K. £1K/m² to £3.8K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£133.5K01/210.11 mi570, Higginshaw Lane, Royton, Oldham, Greater Manchester OL2 6JA3
£170K01/210.19 mi54, Turf Lane, Royton, Oldham, Greater Manchester OL2 6JB3
£221K09/230.19 mi58, Turf Lane, Royton, Oldham, Greater Manchester OL2 6JB3
£225K09/210.21 mi31, Clifton Crescent, Royton, Oldham, Greater Manchester OL2 6JF3
£175K11/230.24 mi25, Clarence Street, Royton, Oldham, Greater Manchester OL2 6LR3
£149.9K12/200.24 mi25, Clarence Street, Royton, Oldham, Greater Manchester OL2 6LR3
£174K04/210.25 mi6, Bodmin Close, Royton, Oldham, Greater Manchester OL2 6LD3
£217K08/230.26 mi8, Cornish Way, Royton, Oldham, Greater Manchester OL2 6JW3
£207.5K08/230.27 mi9, Heyside Avenue, Royton, Oldham, Greater Manchester OL2 6LB3
£183K05/210.27 mi19, Heyside Avenue, Royton, Oldham, Greater Manchester OL2 6LB3
£255K08/230.28 mi15, Brownlow Avenue, Royton, Oldham, Greater Manchester OL2 6LX3
£155K12/210.34 mi29, Perth Street, Royton, Oldham, Greater Manchester OL2 6LY3
£177K01/210.36 mi34, Liskeard Avenue, Royton, Oldham, Greater Manchester OL2 6JU3
£245K06/230.36 mi13, Liskeard Avenue, Royton, Oldham, Greater Manchester OL2 6JU3
£155K04/210.39 mi53, Turfland Avenue, Royton, Oldham, Greater Manchester OL2 6EN3
£190K07/230.39 mi65, Turfland Avenue, Royton, Oldham, Greater Manchester OL2 6EN3
£185K04/230.41 mi65, Cornish Way, Royton, Oldham, Greater Manchester OL2 6JY3
£305.5K09/230.42 mi62, Bullcote Green, Royton, Oldham, Greater Manchester OL2 6NJ3
£180K07/210.42 mi49, Bullcote Green, Royton, Oldham, Greater Manchester OL2 6NJ3
£220K12/220.42 mi30, Goodwood Drive, Oldham, Greater Manchester OL1 4TB3
£175K05/230.42 mi7, Sunfield Drive, Royton, Oldham, Greater Manchester OL2 6EX3
£178K08/230.44 mi26, Goodwood Drive, Oldham, Greater Manchester OL1 4TB3
£165K01/230.44 mi17, St Marks Avenue, Royton, Oldham, Greater Manchester OL2 6NL3
£189.9K10/210.45 mi65, Helston Drive, Royton, Oldham, Greater Manchester OL2 6JT3
£179.9K10/210.45 mi44, Helston Drive, Royton, Oldham, Greater Manchester OL2 6JT3
£178K11/210.45 mi41, Helston Drive, Royton, Oldham, Greater Manchester OL2 6JT3
£179.9K02/210.45 mi67, Helston Drive, Royton, Oldham, Greater Manchester OL2 6JT3
£207.5K12/210.46 mi24, Goodwood Drive, Oldham, Greater Manchester OL1 4TB3
£207.5K12/210.46 mi24, Goodwood Drive, Oldham, Greater Manchester OL1 4TB3
£167.5K12/200.46 mi19, Goodwood Drive, Oldham, Greater Manchester OL1 4TB3
£170K05/210.46 mi5, Goodwood Drive, Oldham, Greater Manchester OL1 4TB3
£133.3K12/200.47 mi27, Fontwell Lane, Oldham, Greater Manchester OL1 4TE3
£135K10/220.47 mi33, Kipling Road, Oldham, Greater Manchester OL1 4LT3
£210K04/220.48 mi10, Goodwood Drive, Oldham, Greater Manchester OL1 4TB3
£245K05/230.5 mi37, Lily Street, Royton, Oldham, Greater Manchester OL2 6EB3
£155K09/210.5 mi11, Mooredge Terrace, Royton, Oldham, Greater Manchester OL2 6AR3
£222K01/230.5 mi2, Blackshaw Lane, Royton, Oldham, Greater Manchester OL2 6NT3
£261.5K07/230.5 mi15, Higher Turf Park, Royton, Oldham, Greater Manchester OL2 6ER3
£150K03/230.51 mi168, Vulcan Street, Oldham, Greater Manchester OL1 4LJ3
£205K12/200.51 mi14, Kerwood Drive, Royton, Oldham, Greater Manchester OL2 6BW3
£242K02/210.51 mi22, Balmoral Avenue, Royton, Oldham, Greater Manchester OL2 6NY3
£175K08/210.51 mi8, Balmoral Avenue, Royton, Oldham, Greater Manchester OL2 6NY3
£137K09/230.52 mi273, Turf Lane, Royton, Oldham, Greater Manchester OL2 6ET3
£193K02/210.52 mi279, Turf Lane, Royton, Oldham, Greater Manchester OL2 6ET3
£140K01/230.53 mi175, Vulcan Street, Oldham, Greater Manchester OL1 4LJ3
£199K08/230.53 mi198, Shaw Road, Royton, Oldham, Greater Manchester OL2 6EF3
£148K04/230.53 mi172, Shaw Road, Royton, Oldham, Greater Manchester OL2 6EF3
£97K11/230.54 mi23, Striding Edge Walk, Oldham, Greater Manchester OL1 3JT3
£195K07/210.54 mi9, Studley Close, Royton, Oldham, Greater Manchester OL2 6SG3
£305K09/220.55 mi30, Rushbury Drive, Royton, Oldham, Greater Manchester OL2 6LE3

Local Rents

13 rents from £850/mo to £1.4K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,00012/240.23 mi-3
£1,15011/240.27 mi-3
£1,00012/230.28 mi-3
£1,40007/240.44 miGoodwood Drive, Oldham, Stoneleigh Park3
£1,00003/250.48 mi-3
£90001/250.51 mi-3
£85003/250.51 mi-3
£1,05012/240.53 mi-3
£1,10001/250.53 mi-3
£95006/240.53 miShaw Road, Royton, Oldham, Greater Manchester, OL23
£1,20004/240.53 mi-3
£1,20006/240.53 mi-3
£1,00006/240.56 miOaklands Road, Royton3

Local Area Statistics

Population in OL2

42,193

Population in Oldham

182,174

Town centre distance

0.65 miles away

Nearest school

0.50 miles away

Nearest train station

0.68 miles away

 

 

Rental growth (12m)

+15%

Sales demand

Balanced market

Capital growth (5yrs)

+41%

Property History

Listed for £159,950

March 4, 2025

Floor Plans

Description

  • No Chain +
  • Semi Detached +
  • Three Bedrooms +
  • Large Kitchen/Dining Room +
  • In Need Of Updating +
  • Utility Area +
  • Yard To The Rear +
  • EPC: E +

NO CHAIN. Offered for sale is this three bedroom semi detached property located in Royton, Oldham. Accommodation comprising: Entrance porch, hallway, lounge, large kitchen/dining room, WC and a utility room with a shower cubicle. To the first floor are three bedrooms and a bathroom. Externally there is a small yard to the back and parking on roads nearby. This property is in need of updating. Local amenities with in easy reach as are local tram stops. PORCH uPVC door, laminated floor. HALLWAY Laminated floor, radiator. LOUNGE - 4.17m x 3.66m (13'8" x 12'0") Front aspect, uPVC window, radiator, electric fire, coving. KITCHEN/DINING ROOM - 5.33m x 4.8m (17'6" x 15'9") Fitted with a range of wooden Shaker style wall and base units, roll top work surfaces, sink unit, built in fridge/freezer, radiator, laminated floor, under stairs cupboard, uPVC window. UTILITY AREA Plumbing for an automatic washing machine, uPVC windows, uPVC door to the rear, tiled floor, shower cubicle. W.C Low level WC, electric radiator, laminated floor. LANDING Galleried, loft access. BEDROOM ONE - 4.29m x 2.82m (14'1" x 9'3") Front aspect, uPVC window, wardrobes, cupboards, bedside cabinets, cupboards over, radiator. BEDROOM TWO - 3.4m x 3.2m (11'2" x 10'6") Rear aspect, uPVC window, radiator. BEDROOM THREE - 4.29m x 1.78m (14'1" x 5'10") Front aspect, uPVC window, radiator. BATHROOM A White suite comprising: Fitted bath , low level WC, wash hand basin, laminated floor, tiled walls, uPVC window, radiator. EXTERNALLY To the rear is a small yard. Parking on road close by. ADDITIONAL INFORMATION TENURE:  LEASEHOLD - Solicitor to confirm details. COUNCIL BAND: B - Please note these are subject to change occasionally, so we advise you make your own checks with the local council prior to completion. VIEWING ARRANGEMENTS: Strictly by appointment with the agents. NTS MATERIAL INFORMATION PACK AVAILABLE AGENTS NOTE Whilst every care has been taken to prepare these sales particulars they are for guidance purposes only. Potential buyers should fully investigate any issues that maybe personally important to them prior to completion. All measurements are approximate and are for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements. Fixtures and Fittings stated as included in the property are based on achieving the asking price.

Agent Details

Kirkham Property, Chadderton

0161 524 9694

Next Steps?

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