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Walkmill, Dobcross, Saddleworth, OL3

North West

£290,000
Listed on 05/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
788 sqft

Description

This two-bedroom stone mews property in the charming village of Dobcross presents a unique opportunity for those interested in renovation and investment potential. While the property is livable, it is clear that modern updates could significantly enhance its appeal and value. Located conveniently within walking distance of Uppermill, this home offers driveway parking and a manageable paved garden space. The entrance hall leads to practical features such as a useful cloakroom and separate WC, as well as a flexible ground-floor bedroom that can serve as an office or guest room. The spacious lounge area, with its double-height ceilings and gas fireplace, creates a welcoming atmosphere and includes French doors that access the patio—perfect for outdoor relaxation or entertaining. The kitchen hosts modern units along with an integrated electric oven and gas hob, complemented by an integrated fridge/freezer. Upstairs, the mezzanine landing leads to a generously sized double bedroom with built-in wardrobes and a main bathroom featuring a four-piece suite that includes both a bath and shower—ideal for revamping according to personal taste. Gas central heating is provided by a Worcester combination boiler, and the property benefits from double-glazed windows throughout, ensuring warmth and energy efficiency. Outside, the block-paved tandem driveway adds convenience while the enclosed rear patio offers privacy. Dobcross itself boasts easy access to local amenities including shops, cafes, bars, and restaurants. The surrounding area provides numerous canal-side walks and countryside trails, appealing to nature enthusiasts. For commuters, Greenfield train station is nearby, offering direct links to Manchester. With its solid foundation and prime location combined with potential for modernization, this property stands out as an excellent investment opportunity in a sought-after community.

Investment Analysis

(OL3 area)

Above Market Value

This property is priced +13.5% above area average per sq ft

+13.5%
This Property
£368/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£320
Avg Yield
4.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£8,000 - £15,000
Target Value
£280,973
10% above area average per sq ft
Potential ROI
-7.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (OL3)

Area prices are falling by +3.1% over the last 12 months
3 year growth: 5.2%
5 year growth: 25.5%
Investment Disclaimer: Analysis based on OL3 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

Walkmill, Dobcross, Saddleworth, OL3
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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
£1,062
Based on a loan of £217,500 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