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Residential Development Site Harrop Court Mill, Harrop Court Road, Diggle, Oldham, OL3 - Image 1
Residential Development Site Harrop Court Mill, Harrop Court Road, Diggle, Oldham, OL3 - Image 2
Residential Development Site Harrop Court Mill, Harrop Court Road, Diggle, Oldham, OL3 - Image 3

Residential Development Site Harrop Court Mill, Harrop Court Road, Diggle, Oldham, OL3

North West

£1,400,000
Listed on 09/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property represents an intriguing opportunity for redevelopment, previously home to the Harrop Mill before its demolition. With planning permission already in place, prospective buyers can take advantage of the groundwork laid for future development. The site features a gentle slope from north to south, providing potential for varied architectural designs that could enhance the aesthetic and functional appeal of any new construction. Additionally, the stream at the rear of the property is set to be rerouted as part of the approved plans, creating possibilities for landscaping or water management features that could add value. Located in a desirable area ripe for investment, this property allows for creative vision while benefiting from existing infrastructure and community amenities. The favorable zoning and granted permissions make it a strategic choice for builders or investors looking to capitalize on the growing demand in this region.

Investment Analysis

(OL3 area)
Area Average
£324/sq ft
Avg Rent (weekly)
£320
Avg Yield
4.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £450,000
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

Residential Development Site Harrop Court Mill, Harrop Court Road, Diggle, Oldham, OL3
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£5,129
Based on a loan of £1,050,000 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE