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Medway Road, Hollinwood, Oldham

North West

£195,000
Listed on 21/04/2026

Property Details

Bedrooms
3
Type
Semi Detached House
Area
914 sqft

Description

This semi-detached residence in Hollinwood, Oldham presents a compelling opportunity for those looking to invest in a property with promising renovation potential. With its well-proportioned layout featuring two reception rooms and three bedrooms, this home is ideally suited for families or individuals desiring additional space. The presence of gas central heating and UPVC double glazing ensures a degree of comfort and energy efficiency, yet the interior calls for some updating. This allows you the chance to transform each room according to your own tastes and preferences. Located conveniently close to local amenities and transport options, this property offers practicality for commuters and easy access to necessary services. With some creative vision and dedication, this house could be transformed into a delightful family home, making it an excellent project for anyone eager to add value. Don't miss out on this chance to realise the full potential of this semi-detached house.

Investment Analysis

(OL8 area)

Above Market Value

This property is priced +0.3% above area average per sq ft

+0.3%
This Property
£213/sq ft
Area Average
£213/sq ft
Avg Rent (weekly)
£245
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£213,949
10% above area average per sq ft
Potential ROI
-4.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (OL8)

Area prices are rising by +9.5% over the last 12 months
3 year growth: +27.9%
5 year growth: +64.3%
Investment Disclaimer: Analysis based on OL8 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

Medway Road, Hollinwood, Oldham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£691
Based on a loan of £146,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

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