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Link Road, Springhead, OL4

North West

£220,000
Listed on 03/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
683 sqft

Description

This semi-detached property presents a significant opportunity for renovation in the desirable Springhead area, making it an appealing prospect for both couples and families looking to invest in their future. While the home requires some modernization, its spacious layout and strategic location offer excellent potential for customization and improvement. Upon entry, you are welcomed into a hallway that leads to a generous lounge and dining space, perfect for reconfiguring to suit contemporary living. The kitchen is functional as-is but allows for creative upgrades that could transform this area into a modern culinary hub. The upstairs comprises three bedrooms, each with the potential to be refreshed or reimagined according to personal taste. The bathroom features classic elements such as a deep panelled bath with an electric shower, providing a solid foundation for updates. The property is equipped with gas central heating and uPVC double-glazed windows, offering both comfort and energy efficiency. Outside, the home is complemented by a front lawned garden that provides curb appeal while still allowing for further landscaping options. The rear garden features a paved patio, mature borders, and useful storage in the form of a shed, creating an outdoor space ripe for enhancement. Driveway parking accommodates multiple vehicles through a tandem access route leading to a detached garage, adding convenience to this family-friendly home. Situated just off Heywood Fold Road and Den Lane, this location benefits from easy access to Oldham town centre as well as the charming Saddleworth villages. With local amenities conveniently within reach, this property stands out as an ideal candidate for those looking to create their dream home in a sought-after community.

Investment Analysis

(OL4 area)

Above Market Value

This property is priced +37.7% above area average per sq ft

+37.7%
This Property
£322/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£175,729
10% above area average per sq ft
Potential ROI
-32.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (OL4)

Area prices are rising by +11.9% over the last 12 months
3 year growth: 20.8%
5 year growth: 44.5%
Investment Disclaimer: Analysis based on OL4 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

Link Road, Springhead, OL4
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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
£806
Based on a loan of £165,000 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