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6 Spinners Way, Moorside, Oldham, OL4 2QN - Image 1
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6 Spinners Way, Moorside, Oldham, OL4 2QN - Image 3
6 Spinners Way, Moorside, Oldham, OL4 2QN - Image 4
6 Spinners Way, Moorside, Oldham, OL4 2QN - Image 5

6 Spinners Way, Moorside, Oldham, OL4 2QN

North West

£332,950
Listed on 14/06/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1451 sqft

Description

This four-bedroom detached home presents a unique opportunity for those looking to invest in a property with significant renovation potential. Situated in a desirable cul-de-sac in Moorside, the location is enhanced by its proximity to Saddleworth, offering easy access to beautiful local walks and outdoor activities. The accommodation features an entrance porch that leads into a spacious hallway, which serves as the heart of the home. The large lounge benefits from dual aspects, providing abundant natural light and a cozy space for gatherings. Adjacent to the lounge is a dining room with sliding patio doors that open up to the south-facing rear garden, creating the perfect flow for indoor-outdoor living. The kitchen is functional but could benefit from modern updates; it includes ample wall and base units along with plumbing for necessary appliances. The ground floor also comprises a convenient cloakroom/WC and access to the integral garage, which adds practicality. Upstairs, the property features a sizable galleried landing that offers access to four well-proportioned bedrooms. The master bedroom includes an en-suite shower room, while three additional bedrooms provide flexible options for family use or office space. A family bathroom completes this level, offering potential for modernization. Externally, the south-facing garden provides a generous outdoor space ideal for landscaping or personal gardening projects. A large driveway accommodates multiple vehicles, adding value and convenience. With uPVC double glazing throughout and gas radiator central heating already in place, this property is set up for comfort as you work through your renovation plans. Its investment potential is clear—transforming this home into your vision could yield significant returns in this sought-after area. This property is leasehold with terms beginning July 1988, ensuring long-term ownership prospects. Given its current condition and location benefits, interested buyers are encouraged to arrange viewings to fully appreciate what this home can offer.

Investment Analysis

(OL4 area)

Below Market Value

This property is priced -2.3% below area average per sq ft

-2.3%
Potential saving
This Property
£229/sq ft
Area Average
£235/sq ft
Avg Rent (weekly)
£227
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£33,295 - £83,238
10-25% of property value
Target Value
£374,844
10% above area average per sq ft
Potential ROI
-9.9%
After renovation
Monthly Sales
22
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (OL4)

Area prices are rising by +10.4% over the last 12 months
3 year growth: 21.6%
5 year growth: 45.1%
Investment Disclaimer: Analysis based on OL4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

6 Spinners Way, Moorside, Oldham, OL4 2QN
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