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Oldham Road, Delph, Saddleworth, OL3 - Image 1
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Oldham Road, Delph, Saddleworth, OL3 - Image 5

Oldham Road, Delph, Saddleworth, OL3

North West

£180,000
Listed on 02/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
1044 sqft

Description

This mid-terrace property spans four floors and is located within walking distance of the charming village of Delph, known for its vibrant selection of shops, cafes, and restaurants. While the home requires renovation, it presents a unique opportunity for investors or homeowners looking to customize a space to their liking. The layout begins with an entrance hall leading into a spacious lounge and kitchen, which is equipped with matching units, an electric oven, and a gas hob. The first floor accommodates two generously sized double bedrooms, along with a bathroom that features a classic white suite including a deep panelled bath, pedestal wash hand basin, and low-level WC. One notable feature is the loft area accessible via stairs from the rear bedroom. This space has significant potential for conversion into an additional bedroom or other uses, subject to the necessary planning permissions. Additionally, the lower ground floor offers a cellar that could be transformed into a utility room or home gym, further enhancing the property's functionality. Heating is provided by a Glowworm boiler and windows are uPVC double glazed for improved energy efficiency. Externally, the property faces the street and includes access to a communal garden reached by stone steps. Situated on the outskirts of Delph in Saddleworth, this property not only provides easy access to local amenities but also positions residents close to beautiful countryside trails and neighboring villages such as Dobcross, Diggle, and Uppermill. The combination of location and renovation potential makes this property an attractive prospect for those looking to invest in an area with growth possibilities. Viewing is highly recommended to fully appreciate what this home has to offer.

Investment Analysis

(OL3 area)

Below Market Value

This property is priced -46.8% below area average per sq ft

-46.8%
Potential saving
This Property
£172/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£320
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£372,254
10% above area average per sq ft
Potential ROI
+69.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (OL3)

Area prices are falling by +3.1% over the last 12 months
3 year growth: 5.2%
5 year growth: 25.5%
Investment Disclaimer: Analysis based on OL3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Oldham Road, Delph, Saddleworth, OL3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £135,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE