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Castleton Road, Royton, Oldham, Lancashire, OL2 - Image 1
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Castleton Road, Royton, Oldham, Lancashire, OL2 - Image 3
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Castleton Road, Royton, Oldham, Lancashire, OL2 - Image 5
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Castleton Road, Royton, Oldham, Lancashire, OL2 - Image 8
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Castleton Road, Royton, Oldham, Lancashire, OL2

North West

£250,000
Listed on 13/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This unique former church property presents an array of possibilities for those with a vision for renovation and redevelopment. The building, characterized by its historical charm, offers significant space that can be adapted for various purposes, including community, cultural, educational, or even alternative uses, pending the necessary planning approvals. Set within the vibrant Thornham area, the location is ideal for harnessing local demand from community groups and educational initiatives. Its long leasehold status—extending for 999 years from November 29, 1872—provides a stable foundation for ownership and investment. This aspect is particularly appealing to both owner-occupiers and investors seeking long-term returns. The layout features an upper ground floor church hall spanning approximately 116 square meters (1,248.4 square feet), alongside a lower ground floor with essential facilities such as restrooms, a kitchenette, and additional assembly space measuring around 117.3 square meters (1,262.7 square feet). Currently occupied under license by a childcare business, this setup offers immediate utility while presenting opportunities for further development or repurposing. Adding to its appeal is a side garden area that enhances the property’s potential as an outdoor space for activities or relaxation. With vacant possession available upon sale, new owners will have the flexibility to tailor the property to fit their aspirations. It’s important to note that any future dispositions may be subject to a standard charity restriction within the Charities Act 1993 framework; prospective purchasers should consider this during their evaluation process. Overall, this property stands out not just due to its distinctive architectural features but also because of its potential to serve diverse community needs or undergo thoughtful renovation that could enhance its utility and value in the coming years. Viewings are available strictly by appointment through sole agents Kirkham Property.

Investment Analysis

(OL2 area)
Area Average
£254/sq ft
Avg Rent (weekly)
£206
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
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
16%
Properties sold annually

Local Market Trend (OL2)

Area prices are stable by +0.5% over the last 12 months
3 year growth: 12.0%
5 year growth: 36.8%
Investment Disclaimer: Analysis based on OL2 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

Castleton Road, Royton, Oldham, Lancashire, OL2
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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
£916
Based on a loan of £187,500 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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