3 Bed Detached House, Refurb/BRRR, Oldham, OL3 7PH, £1,100,000

Whitebrook Lane, Greenfield, Saddleworth, OL3 7PH - 2 views - 8 months ago

Refurb/BRRR
~93 m²
+50 photos

ValuationOvervalued

Sold Prices£210K - £555.5K
Sold Prices/m²£2.2K/m² - £6.1K/m²

 

 

Square Metres

~93 m²
Price/m²£11.8K/m²

Value Estimate

£279,278

 

 

End Value (After Refurb)

£525,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£275,000

Stamp Duty & Legal Fees

£107,450

Refurb Costs

£39,200

Bridging Loan Interest

£28,875

Total Cash In

£452,275

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£525,000

Mortgage (After Refinance)

£393,750

Mortgage LTV

75%

Cash Left In

£452,275

Equity

£131,250

Rent Range

£625 - £3,250

Rent Estimate

£1,299

Running Costs/mo

£1,920

Cashflow/mo

£-621

Cashflow/yr

£-7,457

Gross Yield

1%

Local Sold Prices

50 sold prices from £210K to £555.5K, average is £312.5K. £2.2K/m² to £6.1K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£318.5K05/210.68 mi12, Redwood Road, Uppermill, Oldham, Greater Manchester OL3 6JW3
£345K03/210.68 mi8, Redwood Road, Uppermill, Oldham, Greater Manchester OL3 6JW3
£325K11/200.69 mi2, Ball Grove, Uppermill, Oldham, Greater Manchester OL3 6JG3
£300K03/210.71 mi6, The Park, Greenfield, Oldham, Greater Manchester OL3 7DU3
£350K02/210.72 miIvy Cottage, Kinders Lane, Greenfield, Oldham, Greater Manchester OL3 7BJ3
£455K03/240.72 mi40, Springmeadow Lane, Uppermill, Oldham, Greater Manchester OL3 6HL3
£490K02/210.74 miHighfield, North Rise, Greenfield, Oldham, Greater Manchester OL3 7ED3
£450K09/210.75 mi21, St Marys Drive, Greenfield, Oldham, Greater Manchester OL3 7DT3
£490K12/220.75 mi10, St Marys Drive, Greenfield, Oldham, Greater Manchester OL3 7DT3
£490K11/200.75 mi9, Abels Lane, Uppermill, Oldham, Greater Manchester OL3 6ES3
£330K11/230.77 mi24, Grove Road, Uppermill, Oldham, Greater Manchester OL3 6JR3
£265K03/210.77 mi16, Grove Road, Uppermill, Oldham, Greater Manchester OL3 6JR3
£250K03/210.77 mi24, Grove Road, Uppermill, Oldham, Greater Manchester OL3 6JR3
£271.5K09/220.77 mi20, Annisfield Avenue, Greenfield, Oldham, Greater Manchester OL3 7DJ3
£335K06/210.78 mi22, Carr Lane, Greenfield, Oldham, Greater Manchester OL3 7AX3
£233K11/210.78 mi30a, Carr Lane, Greenfield, Oldham, Greater Manchester OL3 7AX3
£253.8K02/210.78 mi40, Carr Lane, Greenfield, Oldham, Greater Manchester OL3 7AX3
£292K03/210.78 mi11, Berry Street, Greenfield, Oldham, Greater Manchester OL3 7EF3
£277K10/230.78 mi16, Higher Carr Lane, Greenfield, Oldham, Greater Manchester OL3 7AU3
£307K05/210.78 mi6, Springmeadow Lane, Uppermill, Oldham, Greater Manchester OL3 6EP3
£310K10/220.79 mi7, Valley Mews, Greenfield, Oldham, Greater Manchester OL3 7FH3
£270K03/230.79 mi15, Valley Mews, Greenfield, Oldham, Greater Manchester OL3 7FH3
£276K04/210.8 mi55, Carr Lane, Greenfield, Oldham, Greater Manchester OL3 7AS3
£555.5K03/210.8 mi179, Chew Valley Road, Greenfield, Oldham, Greater Manchester OL3 7DF3
£405K03/230.81 mi56, Church Road, Uppermill, Oldham, Greater Manchester OL3 6EJ3
£400K11/220.81 mi62, Church Road, Uppermill, Oldham, Greater Manchester OL3 6EH3
£377.5K10/230.81 mi54, Springmeadow Lane, Uppermill, Oldham, Greater Manchester OL3 6HH3
£280K04/210.82 mi142, Chew Valley Road, Greenfield, Oldham, Greater Manchester OL3 7DD3
£334.5K05/210.83 mi5, Merlewood Avenue, Uppermill, Oldham, Greater Manchester OL3 6HG3
£371K08/210.83 mi2, Merlewood Avenue, Uppermill, Oldham, Greater Manchester OL3 6HG3
£220K02/210.83 mi27, Carr Lane, Greenfield, Oldham, Greater Manchester OL3 7AZ3
£307K03/210.84 mi2, Manchester Road, Greenfield, Oldham, Greater Manchester OL3 7DW3
£382K11/230.84 mi2, Manchester Road, Greenfield, Oldham, Greater Manchester OL3 7DW3
£360K12/220.84 mi2, Brook Avenue, Uppermill, Oldham, Greater Manchester OL3 6DR3
£245K11/230.85 mi22, Beech Avenue, Greenfield, Oldham, Greater Manchester OL3 7AP3
£280K11/210.85 mi51, Church Road, Uppermill, Oldham, Greater Manchester OL3 6DY3
£340K10/230.87 mi34, Wellmeadow Lane, Uppermill, Oldham, Greater Manchester OL3 6DX3
£265K01/210.87 mi30, Wellmeadow Lane, Uppermill, Oldham, Greater Manchester OL3 6DX3
£320K12/200.87 mi22, Wellmeadow Lane, Uppermill, Oldham, Greater Manchester OL3 6DX3
£275K03/230.87 mi39, Wellmeadow Lane, Uppermill, Oldham, Greater Manchester OL3 6DU3
£315K09/210.88 mi118, Carr Lane, Uppermill, Oldham, Greater Manchester OL3 6JA3
£330K06/210.88 mi5, Kinders Crescent, Greenfield, Oldham, Greater Manchester OL3 7JQ3
£327.5K03/210.89 mi7, Rush Hill Terrace, Uppermill, Oldham, Greater Manchester OL3 6JB3
£275K01/210.89 mi28, Queensway, Greenfield, Oldham, Greater Manchester OL3 7AH3
£258K08/230.89 mi89, Chew Valley Road, Greenfield, Oldham, Greater Manchester OL3 7JJ3
£288K08/230.9 mi9, Chew Brook Drive, Greenfield, Oldham, Greater Manchester OL3 7PD3
£355K12/200.9 mi5, Chew Brook Drive, Greenfield, Oldham, Greater Manchester OL3 7PD3
£292.5K04/210.9 mi21, South Avenue, Greenfield, Oldham, Greater Manchester OL3 7BB3
£283K02/210.91 mi27, Fernthorpe Avenue, Uppermill, Oldham, Greater Manchester OL3 6EA3
£210K11/200.93 mi36, Wellington Road, Greenfield, Oldham, Greater Manchester OL3 7AQ3

Local Rents

50 rents from £625/mo to £3.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,50006/240.55 mi-6
£62501/240.84 mi-1
£1,10012/240.85 miLark Mews, The Nook, Greenfield, Oldham, OL32
£1,05003/250.85 mi-3
£3,25006/240.86 miBradburys Lane, Greenfield, Oldham5
£69506/230.89 mi-1
£1,35006/240.89 mi81 Chew Valley Road, Greenfield3
£87506/240.92 miChew Valley Road, Greenfield, Saddleworth, Greater Manchester, OL32
£78512/240.92 mi-2
£78512/240.92 mi-2
£85012/240.95 miChurch Road, Uppermill, Oldham, OL32
£92512/240.95 mi-2
£97506/240.95 miAlexandra Mill, Uppermill, OL32
£90012/240.98 mi-2
£96012/241 mi-2
£1,40003/251.1 mi-3
£1,55012/241.27 mi3 Moss Grove, Greenfield, OL35
£90012/231.34 mi-4
£95012/241.39 mi-3
£99502/251.39 mi-3
£1,05006/241.4 miLowerfields, OL32
£1,69502/251.4 mi-2
£1,37506/241.57 miThe Square,Dobcross,OL35
£1,17506/241.57 miThe Square, Dobcross, Saddleworth, OL34
£2,00008/241.58 mi-3
£1,20012/241.58 miThe Square, Dobcross, Oldham, OL32
£1,40003/241.58 miSandy Lane, OL34
£1,39506/241.64 mi-2
£1,45010/241.64 mi-2
£1,95007/241.66 mi-3
£1,95012/241.66 miLong House, Dobcross, Oldham, OL33
£3,20012/241.71 miHolly House 7 Grasscroft Heights5
£1,90003/241.72 mi-3
£1,75010/241.72 mi-3
£90012/241.81 miClough Lane, OL42
£85006/241.83 mi12 Shadows Lane3
£1,20008/241.89 miWharmton View, Mossley2
£1,30006/241.9 miClough Lane, Grasscroft, Oldham, Greater Manchester, OL43
£1,10011/241.91 mi-2
£1,60006/241.94 miDorset Avenue, Diggle, Saddleworth, Oldham, OL34
£85006/241.94 miWaters Reach, Mossley, OL52
£1,45001/241.98 mi-4
£1,00012/241.98 miDiglea, OL32
£1,20001/252 mi-2
£79508/242.01 miSpring Mill Drive,2
£82503/242.04 miTame Valley Close,Mossley,OL52
£85006/242.09 miMidgrove Lane,Delph,OL33
£3,00002/242.1 mi-5
£1,05011/242.11 mi-2
£1,05006/242.12 mi-2

Local Area Statistics

Population in OL3

15,192

Population in Oldham

182,174

Town centre distance

4.70 miles away

Nearest school

0.80 miles away

Nearest train station

1.18 miles away

 

 

Rental growth (12m)

+29%

Sales demand

Balanced market

Capital growth (5yrs)

+33%

Property History

Price changed to £1,100,000

September 25, 2024

Listed for £1,200,000

July 4, 2024

Floor Plans

Description

  • GREENFIELD +
  • FULLY RENOVATED DETACHED HOME +
  • THREE BEDROOMS +
  • OFF-GRID LIVING +
  • STUNNING RURAL POSITION +
  • 4 ACRE PLOT +
  • DETACHED GARAGE & AMPLE PARKING +
  • WIRELESS BROADBAND AVAILABLE +
  • EASY ACCESS TO LOCAL AMENITIES +
  • FREEHOLD +

A truly unique detached character property set in four acres of land with unparallel, 360 degree views of the Saddleworth valley.
Ideal for families looking for rural yet convenient living. EPC: D.

Set in an enviable position underneath Pots & Pans, this beautiful family home has been lovingly and meticulously reconstructed in 2018 in a no-expense-spared renovation intended to create a home full of period charm.

Personal viewing of this stunning home will reveal an abundance of charming character features mixed with contemporary fixtures and fittings.

Upon entering the property to the rear, a porch offers access to the plant room and guest WC, and a stunning, full width living space incorporating the kitchen, dining room and formal lounge. There is also an additional porch to the front.

Stairs leads to the first floor landing which offers access to three generous bedrooms; the principal bedroom benefits from a dressing room and a stunning four-piece en-suite bathroom, whilst the second bedroom also features an en-suite shower room.

Edge End Farm is bursting with state of the art off grid technology resulting in a home that is exceptionally economical to run and benefits from typical annual bills of -

- Electric - £600
- Gas - £840
- Logs - As required
- Water - Free (local spring)
- Sewage - Free (sewage treatment system)

The economy is enhanced by a thermal heat store which, due to its efficiency, is currently unable to be rated on the EPC.

Set in a plot of approximately 4 acres, externally the property features both patio a lawned gardens, which take full advantage of the breathtaking scenery and being southerly facing, benefits from the afternoon and evening sun.

There is parking available for multiple vehicles and a garage/workshop benefits from both power and water.

Edge End Farm can be located on Whitebrook Lane which is accessed off Knowl Top Lane.
Despite being set in rural surroundings, local shops and Greenfield train station are just a short distance away, making this an ideal choice for a family home.

Power from generator, solar and 20kw battery storage. Gas LPG from an underground tank. Filtered spring water and sewage treatment system.

Agent Details

Ryder & Dutton, Uppermill

01457 602739

Next Steps?

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

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