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1 Ashgrove, Thornham, Rochdale, OL16 4RZ - Image 1
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1 Ashgrove, Thornham, Rochdale, OL16 4RZ

North West

£270,000

Listed on 22/07/2025

Property details

Bedrooms
3
Type
Semi Detached
Area
981 sqft

Description

This pre-war 1930s semi-detached home presents a significant opportunity for renovation in the desirable Thornham area. While the property requires updating, it features spacious accommodation including an entrance hallway, lounge, dining room, inner hallway, and kitchen on the ground floor. The first floor hosts three bedrooms and a four-piece bathroom that could benefit from modernising. Externally, the generous front garden includes dual lawn areas and a large driveway suitable for multiple vehicles, while the rear offers a small lawn bordered by mature hedging. With possible extension options available subject to planning permission, this property is ideal for investors looking to add value through refurbishment. Conveniently located close to motorway networks, it promises excellent accessibility as well.

Investment analysis

(OL16 area)

Above Market Value

This property is priced +20.0% above area average per sq ft

+20.0%
This Property
£275/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£240
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£247,492
10% above area average per sq ft
Potential ROI
-20.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (OL16)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +9.3%
5 year growth: +28.0%
Investment Disclaimer: Analysis based on OL16 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

1 Ashgrove, Thornham, Rochdale, OL16 4RZ
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,020
Based on a loan of £202,500 over 30 years at 4.45% 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

Price History

-5.2% since listed
£270,000£5,000(-1.8%)
09/07/2026
Current price
£275,000£9,950(-3.5%)
04/04/2026
£284,950Initial listing
24/10/2025

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