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Norfolk Street, Oldham, OL9

North West

£150,000
Listed on 23/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
726 sqft

Description

This generously proportioned terraced home features two to three bedrooms and presents a promising investment opportunity for renovation. Located in a desirable area with strong rental prospects, it is ideal for investors or first-time buyers seeking to enhance value through refurbishment. The ground floor includes a spacious living room, a separate dining room, and a rear kitchen, all of which could benefit from modernization. Outside, the property offers a block-paved garden that is easy to maintain, complemented by a small front garden that adds to the curb appeal. On the first floor, you'll find a landing leading to a family bathroom, two ample double bedrooms, and an additional single bedroom at the front—perfect for various uses such as an office or dressing room. Given its advantageous location, substantial space, and the potential for improvement, this property stands as an excellent canvas for creating either a quality family home or rental investment. Quick viewing is advised to appreciate its full potential.

Investment Analysis

(OL9 area)

Below Market Value

This property is priced -16.6% below area average per sq ft

-16.6%
Potential saving
This Property
£207/sq ft
Area Average
£248/sq ft
Avg Rent (weekly)
£281
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£197,933
10% above area average per sq ft
Potential ROI
+4.2%
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

Norfolk Street, Oldham, 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
£549
Based on a loan of £112,500 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