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Ferney Field Road, Chadderton, OLDHAM

North West

£290,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a compelling opportunity for investment and redevelopment, situated in a desirable area of the North West. With planning permission already secured to extend and transform this detached dwelling into an impressive three-storey residence, the potential for substantial enhancement is evident. Currently, the layout includes an entrance porch, lounge/dining area, kitchen, three bedrooms, and a bathroom, alongside a separate annex that offers additional flexibility. The approved plans allow for the addition of a central entrance hallway, multiple spacious rooms across all floors including en-suite facilities, and the creation of a new driveway to enhance access. The elevated position grants open views at the front, making it an attractive proposition for both living space and investment. This property offers not only a renovation challenge but also an exciting blank canvas for creating a personalized dream home or valuable rental asset.

Investment Analysis

(OL9 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£281
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
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

Ferney Field Road, Chadderton, OLDHAM
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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