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Vine Street, Chadderton, Oldham, Greater Manchester, OL9 - Image 1
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Vine Street, Chadderton, Oldham, Greater Manchester, OL9 - Image 7
Vine Street, Chadderton, Oldham, Greater Manchester, OL9 - Image 8
Vine Street, Chadderton, Oldham, Greater Manchester, OL9 - Image 9
Vine Street, Chadderton, Oldham, Greater Manchester, OL9 - Image 10
Vine Street, Chadderton, Oldham, Greater Manchester, OL9 - Image 11

Vine Street, Chadderton, Oldham, Greater Manchester, OL9

North West

£135,000
Listed on 02/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
816 sqft

Description

This two-bedroom terraced home in Chadderton presents a compelling opportunity for those interested in renovation and investment. Located in a desirable area, the property is sold with no chain, allowing for a seamless transition for buyers seeking to make it their own. The layout includes a welcoming entrance vestibule that leads into a generously sized lounge with an adjoining dining area. This versatile space has the potential to be reconfigured into two separate reception rooms, creating additional living options. At the rear of the home, you'll find a fitted kitchen that allows for creative updates and personalization. Upstairs, there are two well-proportioned bedrooms along with a house bathroom, all featuring the potential for modern enhancements. The property is equipped with UPVC double glazing and gas central heating, providing comfort while you plan your renovations. Externally, the low-maintenance south-east facing garden offers a private outdoor space to enjoy or transform into an inviting retreat. Situated conveniently near local amenities, this home is just a 10-minute walk from South Chadderton tram stop, providing direct access to Manchester city centre and Oldham town centre. Additionally, various supermarkets, shops, and schools are within easy reach—making it well-suited for families or as an investment property catering to renters. This residence not only offers immediate comfort but also holds significant potential for modernization and value enhancement. Viewings of this promising property are highly encouraged for those looking to capitalize on its possibilities.

Investment Analysis

(OL9 area)

Below Market Value

This property is priced -33.2% below area average per sq ft

-33.2%
Potential saving
This Property
£165/sq ft
Area Average
£248/sq ft
Avg Rent (weekly)
£281
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£222,470
10% above area average per sq ft
Potential ROI
+43.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (OL9)

Area prices are rising by +7.5% over the last 12 months
3 year growth: 8.4%
5 year growth: 33.7%
Investment Disclaimer: Analysis based on OL9 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

Vine Street, Chadderton, Oldham, Greater Manchester, OL9
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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
£495
Based on a loan of £101,250 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