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CLAY LANE, Norden, Rochdale OL11 5QW - Image 1
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CLAY LANE, Norden, Rochdale OL11 5QW - Image 11

CLAY LANE, Norden, Rochdale OL11 5QW

North West

£475,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1756 sqft

Description

Nestled adjacent to the scenic Ashworth Valley, this individually designed detached bungalow presents an appealing opportunity for those looking to invest in a property with significant renovation potential. The residence is well-positioned, ensuring convenient access to local amenities, including bars, restaurants, and shops, alongside excellent transport links. This spacious bungalow features adaptable living space which includes an entrance porch, separate WC, two reception rooms, a breakfast kitchen that flows into the conservatory, a utility room, and a designated study area. The accommodation comprises two generously sized double bedrooms, each with en-suite facilities, in addition to a well-appointed family bathroom. The property's exterior boasts a large plot set back from the road with an expansive in-and-out driveway accommodating multiple vehicles. A detached double garage sits adjacent to the main building and offers considerable potential for conversion into additional living space (subject to planning permission). The south-facing rear garden provides a private outdoor sanctuary enclosed by tall hedges. With freehold tenure and existing features such as gas central heating and UPVC double glazing throughout, this property presents an excellent blank canvas for refurbishment aimed at enhancing its appeal and value.

Investment Analysis

(OL11 area)

Above Market Value

This property is priced +16.5% above area average per sq ft

+16.5%
This Property
£271/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£448,518
10% above area average per sq ft
Potential ROI
-12.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (OL11)

Area prices are falling by +6.0% over the last 12 months
3 year growth: 3.3%
5 year growth: 33.9%
Investment Disclaimer: Analysis based on OL11 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

CLAY LANE, Norden, Rochdale OL11 5QW
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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
£1,740
Based on a loan of £356,250 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