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Warren Lane, Oldham, Greater Manchester, OL8 - Image 1
Warren Lane, Oldham, Greater Manchester, OL8 - Image 2
Warren Lane, Oldham, Greater Manchester, OL8 - Image 3
Warren Lane, Oldham, Greater Manchester, OL8 - Image 4
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Warren Lane, Oldham, Greater Manchester, OL8

North West

£220,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
852 sqft

Description

This detached bungalow presents a compelling opportunity for those looking to invest or renovate. Set on a generous plot, the property features three bedrooms, a spacious L-shaped lounge, and a practical kitchen, all arranged conveniently on the ground floor. The layout offers plenty of potential for modernization and personalization, allowing new owners to infuse their style into the home. Externally, the property includes a driveway and garage, providing essential off-street parking and additional storage options. The front garden offers curb appeal while the rear includes a compact garden area, complemented by an extra plot of land that could be explored for development possibilities (subject to planning permission). Nestled just off Abbey Hills Road in Oldham, this location benefits from its proximity to Oldham town center, which is approximately a ten-minute drive away and boasts a variety of shops and services. Families will appreciate the nearby Alexandra Park, accessible within a twenty-minute walk, as well as local schools that cater to educational needs. Overall, this bungalow not only offers comfortable living space but also represents an excellent investment opportunity for those willing to explore its renovation potential or develop the additional land.

Investment Analysis

(OL8 area)

Above Market Value

This property is priced +26.5% above area average per sq ft

+26.5%
This Property
£258/sq ft
Area Average
£204/sq ft
Avg Rent (weekly)
£246
Avg Yield
5.5%
Monthly Sales
21
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (OL8)

Area prices are rising by +16.7% over the last 12 months
3 year growth: 26.9%
5 year growth: 62.0%
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.

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Location

Warren Lane, Oldham, Greater Manchester, OL8
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