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Green Lane, Garden Suburb, Oldham, OL8 - Image 1
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Green Lane, Garden Suburb, Oldham, OL8

North West

£190,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
873 sqft

Description

This three-bedroom property is situated in the desirable Garden Suburb area of Oldham, known for its tree-lined streets and character-rich homes. While the residence requires refurbishment, it presents a significant opportunity for those looking to invest in a project that can be transformed into a personalized living space. The layout features an entrance vestibule leading to a lounge area and a spacious kitchen/diner on the ground floor, which provides ample room for reconfiguration to suit modern living needs. Upstairs, you will find three generously sized double bedrooms along with a bathroom, offering flexibility in design and functionality. Externally, the property boasts gardens at both the front and rear, providing outdoor space that can be enhanced or landscaped as desired. Additionally, there is a utility room located at the back of the house, accessed from outside, which adds practicality to the home's footprint. Located within close proximity to local amenities including shops, supermarkets, and schools, this property benefits from convenient access to essential services. The M60 motorway network is just a five-minute drive away, making commuting straightforward. Oldham and Ashton town centers are also easily reachable within ten minutes by car. With no onward chain and its prime position in a sought-after neighborhood, this property stands as an appealing option for buyers eager to invest in renovation opportunities while enjoying the advantages of community living in Garden Suburb.

Investment Analysis

(OL8 area)

Above Market Value

This property is priced +4.2% above area average per sq ft

+4.2%
This Property
£218/sq ft
Area Average
£209/sq ft
Avg Rent (weekly)
£253
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£200,511
10% above area average per sq ft
Potential ROI
-16.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (OL8)

Area prices are rising by +18.0% over the last 12 months
3 year growth: 30.2%
5 year growth: 65.8%
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

Green Lane, Garden Suburb, Oldham, OL8
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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
£696
Based on a loan of £142,500 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