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Greenvale, Rochdale, Greater Manchester, OL11

North West

£350,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1218 sqft

Description

This three-bedroom property presents a compelling opportunity for those seeking a renovation project or investment potential in the well-regarded area of Bamford. Nestled in a peaceful neighborhood, this home is conveniently located near local amenities, including shops and restaurants, as well as highly-rated schools such as Whittaker Moss Primary School and Bamford Academy. The layout includes an entrance hall leading to a through lounge diner, providing a versatile space for family gatherings. The kitchen and bathroom are situated on the ground floor, and there is direct access to an integral garage. Upstairs, you will find a spacious master bedroom with eaves storage, accompanied by two additional bedrooms—one of which also includes built-in storage. One of the standout features of this property is its extensive rear garden. This sizeable outdoor space boasts established flower borders, patio areas, and a lawn that offers ample room for gardening or recreational activities—ideal for families or those looking to enhance their outdoor living experience. Having been lovingly maintained by the current owners for over 40 years, the home retains its charm while presenting excellent potential for modern upgrades or personalization. With a generous driveway at the front, this property not only provides convenience but also opens up possibilities for future enhancements. Serious buyers are encouraged to view this property to truly appreciate its potential and the expansive plot it occupies.

Investment Analysis

(OL11 area)

Above Market Value

This property is priced +23.8% above area average per sq ft

+23.8%
This Property
£287/sq ft
Area Average
£232/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£311,102
10% above area average per sq ft
Potential ROI
-17.0%
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

Greenvale, Rochdale, Greater Manchester, OL11
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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
£1,282
Based on a loan of £262,500 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