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Broad Lane, Rochdale, Greater Manchester, OL16 - Image 1
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Broad Lane, Rochdale, Greater Manchester, OL16

North West

£90,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
660 sqft

Description

This two-bedroom mid-terrace property presents an excellent opportunity for those looking to invest or enter the property market. In need of modernisation, it offers a blank canvas for first-time buyers and investors alike to create their ideal living space. Located in the North West, this property is sold via public online auction with no upward chain, allowing for a straightforward transaction process. Early viewings are encouraged to fully appreciate the potential this home holds.

Investment Analysis

(OL16 area)

Below Market Value

This property is priced -38.4% below area average per sq ft

-38.4%
Potential saving
This Property
£136/sq ft
Area Average
£221/sq ft
Avg Rent (weekly)
£232
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£160,664
10% above area average per sq ft
Potential ROI
+28.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (OL16)

Area prices are rising by +4.0% over the last 12 months
3 year growth: 12.3%
5 year growth: 33.2%
Investment Disclaimer: Analysis based on OL16 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

Broad Lane, Rochdale, Greater Manchester, OL16
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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
£330
Based on a loan of £67,500 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