3 Bed Terraced House, Single Let, Oldham, OL9 8LT, £180,000

Thompson Lane, Chadderton, OL9 8LT - 25 days ago

BTL
ROI: 3%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£100K - £270K
Sold Prices/m²£1.3K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£197,882
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£11,300

Total Cash In

£56,300

 

 

Cash Out

 

Rent Range

£895 - £1,600

Rent Estimate

£925

Running Costs/mo

£768

Cashflow/mo

£158

Cashflow/yr

£1,890

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £100K to £270K, average is £171K. £1.3K/m² to £4.4K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£172K08/210.04 mi101, Higher House Close, Chadderton, Oldham, Greater Manchester OL9 8LP3
£172K10/210.08 mi9, Shillingford Road, Chadderton, Oldham, Greater Manchester OL9 8BD3
£135K12/200.1 mi95, Kingston Avenue, Chadderton, Oldham, Greater Manchester OL9 8LL3
£156K03/210.1 mi93, Kingston Avenue, Chadderton, Oldham, Greater Manchester OL9 8LL3
£165K02/230.12 mi6, Melrose Court, Chadderton, Oldham, Greater Manchester OL9 8NW3
£187K08/230.15 mi12, Higher House Close, Chadderton, Oldham, Greater Manchester OL9 8LR3
£180K03/230.16 mi16, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AB3
£150K06/210.2 mi347, Broadway, Chadderton, Oldham, Greater Manchester OL9 8RN3
£185K04/210.2 mi351, Broadway, Chadderton, Oldham, Greater Manchester OL9 8RN3
£177.3K11/230.2 mi7, Nelson Way, Chadderton, Oldham, Greater Manchester OL9 8NL3
£132K11/230.21 mi2, Fountains Walk, Chadderton, Oldham, Greater Manchester OL9 8PX3
£150K11/210.23 mi51, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AD3
£135K12/200.23 mi80, Selkirk Road, Chadderton, Oldham, Greater Manchester OL9 8AD3
£145.5K08/230.25 mi43, Whitegate Avenue, Chadderton, Oldham, Greater Manchester OL9 8AH3
£179.9K05/210.25 mi24, Whitegate Avenue, Chadderton, Oldham, Greater Manchester OL9 8AH3
£165K01/210.25 mi47, Whitegate Avenue, Chadderton, Oldham, Greater Manchester OL9 8AH3
£160K09/230.25 mi22, Whitegate Avenue, Chadderton, Oldham, Greater Manchester OL9 8AH3
£108.5K06/210.28 mi91, Henley Street, Chadderton, Oldham, Greater Manchester OL9 8JZ3
£100K04/230.28 mi105, Henley Street, Chadderton, Oldham, Greater Manchester OL9 8JZ3
£163.5K01/240.28 mi168, Fields New Road, Chadderton, Oldham, Greater Manchester OL9 8NT3
£216K01/240.29 mi21, Pennine Avenue, Chadderton, Oldham, Greater Manchester OL9 8PH3
£250K12/220.3 mi1, Mona Road, Chadderton, Oldham, Greater Manchester OL9 8NS3
£110K12/230.31 mi100, Mona Road, Chadderton, Oldham, Greater Manchester OL9 8ND3
£108K03/210.31 mi34, Summercroft, Chadderton, Oldham, Greater Manchester OL9 7JP3
£199.9K01/230.32 mi83, Mona Road, Chadderton, Oldham, Greater Manchester OL9 8ND3
£120K02/210.32 mi136, Stanley Road, Chadderton, Oldham, Greater Manchester OL9 7HT3
£140K05/210.32 mi154, Stanley Road, Chadderton, Oldham, Greater Manchester OL9 7HT3
£270K02/240.33 mi282, Broadway, Chadderton, Oldham, Greater Manchester OL9 9QU3
£247K12/220.33 mi16, Mona Road, Chadderton, Oldham, Greater Manchester OL9 8NS3
£199.9K03/210.34 mi28, Dearnalay Way, Oldham, Greater Manchester OL9 7BF3
£158K03/210.34 mi53, Dearnalay Way, Oldham, Greater Manchester OL9 7BF3
£157K12/220.34 mi93, Sycamore Avenue, Chadderton, Oldham, Greater Manchester OL9 8BB3
£195K12/220.34 mi46, Dearnalay Way, Oldham, Greater Manchester OL9 7BF3
£170K05/210.34 mi48, Sycamore Avenue, Chadderton, Oldham, Greater Manchester OL9 8BB3
£217.8K01/230.35 mi6, Gordon Avenue, Chadderton, Oldham, Greater Manchester OL9 8LB3
£185K09/230.38 mi1, Elizabeth Avenue, Chadderton, Oldham, Greater Manchester OL9 8LY3
£210K07/230.38 mi39, Thatch Leach, Chadderton, Oldham, Greater Manchester OL9 9QX3
£141.5K10/200.38 mi52, Thatch Leach, Chadderton, Oldham, Greater Manchester OL9 9QX3
£155K04/210.38 mi15, Thatch Leach, Chadderton, Oldham, Greater Manchester OL9 9QX3
£212K07/230.39 mi64, Arnside Avenue, Chadderton, Oldham, Greater Manchester OL9 9DJ3
£185K02/210.39 mi40, Arnside Avenue, Chadderton, Oldham, Greater Manchester OL9 9DJ3
£173K07/210.39 mi58, Arnside Avenue, Chadderton, Oldham, Greater Manchester OL9 9DJ3
£215K09/210.39 mi38, Arnside Avenue, Chadderton, Oldham, Greater Manchester OL9 9DJ3
£195K05/230.39 mi4, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ3
£150K11/210.39 mi120, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ3
£181K07/230.39 mi68, Williams Crescent, Chadderton, Oldham, Greater Manchester OL9 8BJ3
£250K03/230.4 mi6, Silverdale Avenue, Chadderton, Oldham, Greater Manchester OL9 9DL3
£115K05/210.4 mi13, Berkshire Close, Chadderton, Oldham, Greater Manchester OL9 7SW3
£165K12/230.4 mi251, Fields New Road, Chadderton, Oldham, Greater Manchester OL9 8NZ3
£202K01/230.41 mi6, Laxey Close, Chadderton, Oldham, Greater Manchester OL9 8NX3

Local Rents

30 rents from £895/mo to £1.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20006/240.17 miWhitegate Lane, Chadderton, Oldham, OL93
£1,00006/240.17 mi-3
£1,10004/250.17 mi-3
£1,09505/240.19 mi-3
£1,09510/240.19 mi-3
£1,09511/240.19 mi-3
£1,19503/250.19 mi-3
£1,20009/240.19 mi-3
£1,20009/240.19 miBroadway, Chadderton, OL93
£1,20006/240.21 mi-3
£1,20009/240.21 mi-3
£94906/240.22 mi-3
£95008/240.26 miCoalshaw Green Road, Chadderton, Oldham, Greater Manchester, OL93
£1,10006/240.28 miFields New Road, Oldham, OL93
£1,09507/240.3 miDenton Lane, Chadderton, Oldham, Greater Manchester, OL93
£1,20508/240.31 miRose Street, Chadderton, OL93
£1,20508/240.31 miRose Street, Chadderton, OL93
£89506/240.32 miCoalshaw Green Road, Chadderton, Oldham3
£1,05001/250.34 mi-3
£1,22508/240.35 miRose Street, Chadderton, Oldham3
£1,15508/240.36 miRose Street, Chadderton, Oldham3
£95006/240.4 miRoss Avenue, Chadderton, Oldham, OL93
£95007/240.4 mi-3
£92502/250.42 mi-3
£95010/240.46 mi-3
£95011/240.46 mi-3
£99504/250.5 mi-3
£1,30001/250.53 mi-3
£95004/240.62 mi-3
£1,60007/240.62 mi-3

Local Area Statistics

Population in OL9

40,528

Population in Oldham

182,174

Town centre distance

2.44 miles away

Nearest school

0.30 miles away

Nearest train station

0.77 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Seller's market

Capital growth (5yrs)

+53%

Property History

Listed for £180,000

April 1, 2025

Description

  • MID TERRACED PROPERTY +
  • THREE BEDROOMS +
  • ENCLOSED YARD TO REAR +
  • Close to Local Amenities +
  • IDEAL FIRST HOME OR INVESTMENT OPPORTUNITY +
  • VIEWING HIGHLY RECOMMENDED +

Clarke & Co estate agents are delighted to bring to the market this three bedroom terraced property located in the popular and convenient area of Chadderton. Ideally situated within easy access for all local amenities, the M60 Motorway network, metro link and the City centre.
The accommodation on offer briefly comprises; entrance vestibule, lounge and kitchen diner to the ground floor.
The first floor consists of three bedrooms and a family bathroom. The property further benefits from gas central heating, uvpc double glazed and enclosed yard to the rear.
This accommodation would make an ideal first home or investment opportunity. To arrange a viewing please call our office on:

Entrance Vestibule
Upvc entrance door

Lounge 4.75m (15' 7") x 3.15m (10' 4")
Front facing upvc double glazed window and radiator.

Diner Kitchen 4.75m (15' 7") x 3.60m (11' 10")
Wide range of wall and base units in grey with complementary worktops and tile splashback. One and a half bowl stainless steel sink unit with a monotap and plumbed for automatic washer. Space for slot in oven with an overhead chimney extractor hood. Rear facing uvpc double glazed window and upvc door to rear garden. Radiator, tiled flooring and stairs to first floor.

Stairs to first floor
Landing

Bedroom One 3.24m (10' 8") x 4.16m (13' 8")
Rear facing uvpc double glazed window and radiator.

Bedroom Two 3.76m (12' 4") x 3.28m (10' 9")
Front facing upvc double glazed window and radiator.

Bedroom Three 2.30m (7' 7") x 2.00m (6' 7")
Front facing upvc double glazed window and radiator.

Bathroom
Four piece suite in white comprising: bath, wc, basin and walk in shower enclosure.
Rear facing upvc double glazed window, tiled walls & flooring, towel radiator and extractor fan.

Externally
Enclosed yard to the rear laid to flags

Agent Details

Clarke & Co, Chadderton

0161 524 2702

Next Steps?

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