2 Bed Terraced House, Single Let, Oldham, OL9 8LS, £170,000

Whitegate Lane, Chadderton, Oldham, Greater Manchester, OL9 8LS - 24 days ago

Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£70K - £210K
Sold Prices/m²£1K/m² - £3.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£123,838

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£10,600

Total Cash In

£53,100

 

 

Cash Out

 

Rent Range

£775 - £1,100

Rent Estimate

£781

Running Costs/mo

£707

Cashflow/mo

£74

Cashflow/yr

£883

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £70K to £210K, average is £132.3K. £1K/m² to £3.3K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£165K07/230.1 mi46, Eaves Lane, Chadderton, Oldham, Greater Manchester OL9 8RG2
£135K05/210.1 mi19, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AB2
£140K11/210.1 mi30, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AB2
£152K08/230.13 mi43, Thompson Lane, Chadderton, Oldham, Greater Manchester OL9 8LX2
£178K06/230.13 mi12, Abbey Grove, Chadderton, Oldham, Greater Manchester OL9 8RJ2
£190K09/230.13 mi7, Abbey Grove, Chadderton, Oldham, Greater Manchester OL9 8RJ2
£162K05/210.13 mi14, Abbey Grove, Chadderton, Oldham, Greater Manchester OL9 8RJ2
£132K02/240.14 mi85, Kingston Avenue, Chadderton, Oldham, Greater Manchester OL9 8LL2
£113K11/210.17 mi122, Whitegate Lane, Chadderton, Oldham, Greater Manchester OL9 8RP2
£125K12/200.18 mi69, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AD2
£160K09/230.19 mi33, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 9EA2
£143K08/210.23 mi15, Scholes Street, Chadderton, Oldham, Greater Manchester OL9 8LN2
£190K06/210.23 mi5, Lyndhurst Avenue, Chadderton, Oldham, Greater Manchester OL9 9QT2
£148K11/230.29 mi25, Marfield Avenue, Chadderton, Oldham, Greater Manchester OL9 8PN2
£174K12/230.29 mi2, Marfield Avenue, Chadderton, Oldham, Greater Manchester OL9 8PN2
£129K06/210.3 mi36, Lancaster Street, Chadderton, Oldham, Greater Manchester OL9 8LE2
£166K10/230.3 mi501, Foxdenton Lane, Chadderton, Oldham, Greater Manchester OL9 9QS2
£120K12/210.32 mi157, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 9DH2
£129.9K12/210.32 mi96, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£133K11/230.32 mi103, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£75K07/230.32 mi78, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£70K12/200.32 mi102, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£70K03/210.32 mi87, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£112.5K11/210.32 mi79, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JP2
£180K04/230.33 mi30, Argyll Road, Chadderton, Oldham, Greater Manchester OL9 8AL2
£155K02/230.34 mi9, Ross Avenue, Chadderton, Oldham, Greater Manchester OL9 8AN2
£95K05/210.35 mi119, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JR2
£109K04/230.35 mi206, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 8PL2
£130K09/230.36 mi162, Fields New Road, Chadderton, Oldham, Greater Manchester OL9 8NT2
£107K06/230.36 mi176, Fields New Road, Chadderton, Oldham, Greater Manchester OL9 8NT2
£166K11/230.37 mi116, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ2
£210K09/230.37 mi20, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ2
£160K01/210.37 mi38, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ2
£140K10/230.38 mi191, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 9DQ2
£115K05/210.38 mi197, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 9DQ2
£110.5K12/210.4 mi211, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JS2
£100K12/200.4 mi212, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JS2
£87.5K03/210.4 mi179, Coalshaw Green Road, Chadderton, Oldham, Greater Manchester OL9 8JS2
£130K07/230.42 mi14, Shelley Road, Chadderton, Oldham, Greater Manchester OL9 8HU2
£132.5K10/210.44 mi248, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 8PE2
£117.5K12/200.44 mi252, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 8PE2
£145K02/230.44 mi71, Glebe Street, Chadderton, Oldham, Greater Manchester OL9 8JE2
£108K02/210.44 mi248, Block Lane, Chadderton, Oldham, Greater Manchester OL9 7QB2
£82K05/230.44 mi44, Glebe Street, Chadderton, Oldham, Greater Manchester OL9 8JE2
£142.7K12/230.45 mi174, Stanley Road, Chadderton, Oldham, Greater Manchester OL9 7HT2
£135K11/230.45 mi170, Stanley Road, Chadderton, Oldham, Greater Manchester OL9 7HT2
£86.5K12/200.46 mi123, Stanley Road, Chadderton, Oldham, Greater Manchester OL9 7HT2
£98K01/210.47 mi235, Fields New Road, Chadderton, Oldham, Greater Manchester OL9 8NZ2
£116K06/210.47 mi217, Denton Lane, Chadderton, Oldham, Greater Manchester OL9 9DG2
£200K02/210.48 mi53, Lindale Avenue, Chadderton, Oldham, Greater Manchester OL9 9DW2

Local Rents

28 rents from £775/mo to £1.1K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£90008/240 miWhitegate Lane, Chadderton, Oldham2
£90008/240 miWhitegate Lane, Chadderton, Oldham2
£90003/250.11 mi-2
£95002/250.17 mi-2
£1,05002/250.17 mi-2
£95011/240.19 mi-2
£1,10007/240.22 miGlenham Way, Oldham, Lancashire, OL92
£77509/240.29 mi-2
£90006/240.3 miLancaster Street, Chadderton, Oldham2
£1,10003/250.32 mi-2
£85006/240.33 mi-2
£80007/240.33 miCoalshaw Green Road, Chadderton2
£95002/250.33 mi-2
£99508/240.4 miRose Street, Oldham, OL92
£92512/240.41 mi-2
£1,00003/250.43 mi-2
£99508/240.45 miRose Street, Oldham, OL92
£80007/240.48 mi-2
£99501/250.49 mi-2
£87507/240.5 miDenton Lane, Chadderton, Oldham2
£95006/240.5 mi-2
£95006/240.52 mi-2
£99507/240.54 mi-2
£1,05007/240.54 mi-2
£90008/240.56 mi-2
£92503/250.56 mi-2
£89506/240.57 mi-2
£1,00006/240.58 miTeasdale Close, Oldham2

Local Area Statistics

Population in OL9

40,528

Population in Oldham

182,174

Town centre distance

2.53 miles away

Nearest school

0.10 miles away

Nearest train station

0.82 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+53%

Property History

Listed for £170,000

March 12, 2025

Floor Plans

Description

  • LEASEHOLD 980yrs FROM 1930 +
  • GROUND RENT £2.50 P/A +
  • TAX BAND A | EPC C +
  • SUPERBLY PRESENTED +
  • TWO DOUBLE BEDROOMS +
  • IDEAL FOR FIRST TIME BUYERS +
  • CLOSE TO M60 AND METROLINK +
  • CLOSE TO LOCAL SCHOOLS +
  • READY TO MOVE INTO +

A smartly appointed two bedroom terrace perfect for first time buyers within close proximity to excellent commuter links. EPC - C.

A perfect starter home, this spacious and traditional two bedroom terraced is ready to move into and make your own!

Located on Whitegate Lane in Chadderton, the property enjoys the convenience of excellent local amenities on your doorstep with the likes of the M60 motorway and nearby Metrolink affording excellent commuter links throughout Manchester while local primary and secondary schools are within half a mile in addition to plenty of shopping options.

The property itself boasts tasteful, neutral decor throughout. To the ground floor there is a small vestibule leading into a good sized lounge. Through to the rear there is a large kitchen/diner with a handy separate utility space. To the first floor you will find two double bedrooms with a range of fitted wardrobes to the main bedroom. Completing the accommodation there is a three piece bathroom.

Externally there is on-street parking to the front with an easy maintenance patio garden to the rear.

Agent Details

Ryder & Dutton, Chadderton

0161 524 3010

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪