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2 Clough Park Avenue, Grasscroft

North West

£850,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This substantial family residence is set on a generous 1/3 acre plot, showcasing significant potential for both renovation and future development. Boasting four bedrooms—three of which are spacious doubles—the house includes three distinct reception areas and a large garage complemented by ample driveway parking. The picturesque back garden, ideal for recreational use or further landscaping, once held planning permission for a detached house, hinting at potential investment opportunities subject to obtaining new permissions. Located in the desirable Grasscroft area, the property offers convenient access to local amenities such as schools and transport links to Oldham and Manchester, enhancing its appeal for families. Clough Park Avenue is known for its tranquility, being tucked away from busy thoroughfares. Inside, the layout provides ample living space including a well-sized lounge with period features and a dining room that can accommodate sizable gatherings. The kitchen connects seamlessly to a utility room and offers possibilities for modernisation or reconfiguration into an open-plan design. The first floor features a main bedroom with ensuite facilities alongside three additional bedrooms and a family bathroom—all spaces that could benefit from thoughtful updates. With its combination of charm, location, and development potential, this property is well-positioned as an investment opportunity that merits further exploration.

Investment Analysis

(OL4 area)
Area Average
£234/sq ft
Avg Rent (weekly)
£207
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
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
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

2 Clough Park Avenue, Grasscroft
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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
£3,114
Based on a loan of £637,500 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