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Vine Street, Chadderton, Oldham, Greater Manchester, OL9 - Image 1
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Vine Street, Chadderton, Oldham, Greater Manchester, OL9 - Image 4
Vine Street, Chadderton, Oldham, Greater Manchester, OL9 - Image 5

Vine Street, Chadderton, Oldham, Greater Manchester, OL9

North West

£135,000
Listed on 01/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
816 sqft

Description

This two-bedroom terraced home in Chadderton presents a compelling opportunity for those looking to invest or create a personalized living space. With no onward chain, the property is ready for its next chapter and invites new owners to explore its full potential. Upon entering, you'll find an entrance vestibule leading into a spacious lounge that features a dining area. This versatile layout could easily be transformed into two separate reception spaces if desired. The kitchen, located at the rear, is fitted and could benefit from updates to enhance functionality and style. Upstairs, the residence offers two well-sized bedrooms along with a house bathroom. The property is equipped with UPVC double glazing and gas central heating, providing comfort throughout the year while also presenting an energy-efficient living environment. Externally, the rear garden requires minimal upkeep and is oriented towards the south-east, allowing for ample sunlight—ideal for gardening enthusiasts or those seeking an outdoor relaxation space. Positioned in a convenient area of Chadderton, this home enjoys proximity to essential amenities. A range of supermarkets, local shops, and schools are nearby, catering to daily needs. Moreover, the South Chadderton tram stop is within a 10-minute walk, facilitating quick access to both Manchester city center and Oldham town center—perfect for commuters. This property not only offers immediate comfort but also the chance for renovation that can significantly increase its value and suit your personal style. Viewings are encouraged to fully appreciate what this home has to offer.

Investment Analysis

(OL9 area)

Below Market Value

This property is priced -31.3% below area average per sq ft

-31.3%
Potential saving
This Property
£165/sq ft
Area Average
£241/sq ft
Avg Rent (weekly)
£254
Avg Yield
5.5%

Renovation Potential

Est. Renovation Cost
£13,500 - £33,750
10-25% of property value
Target Value
£216,007
10% above area average per sq ft
Potential ROI
+28.0%
After renovation
Monthly Sales
24
Average per month
Market Turnover
68%
Properties sold annually

Local Market Trend (OL9)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 6.9%
5 year growth: 33.9%
Investment Disclaimer: Analysis based on OL9 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

Vine Street, Chadderton, Oldham, Greater Manchester, OL9
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