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Roe Lane, Salem, Oldham, OL4 - Image 1
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Roe Lane, Salem, Oldham, OL4

North West

£170,000
Listed on 29/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
735 sqft

Description

This semi-detached two-bedroom residence is nestled in a peaceful cul-de-sac, presenting a prime opportunity for buyers keen on a renovation project. With no onward chain, the property is ripe for modernisation, making it an attractive option for those looking to enhance its potential. The ground floor offers a welcoming entrance hallway leading to a spacious lounge, a functional fitted kitchen, and an adaptable conservatory that opens up possibilities for reconfiguration. Upstairs, you'll find two generous double bedrooms equipped with fitted wardrobes and a family bathroom. The home benefits from UPVC double glazing and gas central heating, contributing to energy efficiency. Outside, there is driveway parking at the front along with gardens both at the front and back, offering further scope for extension or landscaping (subject to planning permission). Conveniently located just a short walk from the village centre of Lees with its array of shops and dining options, this property invites early viewings due to its investment potential.

Investment Analysis

(OL4 area)

Below Market Value

This property is priced -1.8% below area average per sq ft

-1.8%
Potential saving
This Property
£231/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£227
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£190,483
10% above area average per sq ft
Potential ROI
-2.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
67%
Properties sold annually

Local Market Trend (OL4)

Area prices are rising by +6.7% over the last 12 months
3 year growth: +14.6%
5 year growth: +35.2%
Investment Disclaimer: Analysis based on OL4 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

Roe Lane, Salem, Oldham, OL4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£613
Based on a loan of £127,500 over 30 years at 4.06% 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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