Worst House on the Street Logo
Furze Lane, Watersheddings, Oldham, OL4 - Image 1
Furze Lane, Watersheddings, Oldham, OL4 - Image 2
Furze Lane, Watersheddings, Oldham, OL4 - Image 3
Furze Lane, Watersheddings, Oldham, OL4 - Image 4
Furze Lane, Watersheddings, Oldham, OL4 - Image 5
Furze Lane, Watersheddings, Oldham, OL4 - Image 6
Furze Lane, Watersheddings, Oldham, OL4 - Image 7
Furze Lane, Watersheddings, Oldham, OL4 - Image 8
Furze Lane, Watersheddings, Oldham, OL4 - Image 9
Furze Lane, Watersheddings, Oldham, OL4 - Image 10
Furze Lane, Watersheddings, Oldham, OL4 - Image 11

Furze Lane, Watersheddings, Oldham, OL4

North West

£160,000
Listed on 05/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
823 sqft

Description

This two-bedroom home offers a promising opportunity for renovation, situated on a substantial plot in a semi-rural setting near Strinesdale Reservoir and within easy reach of Oldham town centre. With no chain involved, this property is primed for transformation to suit individual tastes and preferences. The layout features a small entrance hall leading into a lounge and an expansive kitchen/diner on the ground floor. Upstairs, you'll find two generously sized double bedrooms along with a house bathroom. The property is equipped with UPVC double glazing and gas central heating, contributing to year-round comfort and energy efficiency. The exterior includes off-street parking, a front garden, and a sizeable rear garden that combines patio space with lawn areas, making it ideal for outdoor activities or entertaining guests. Its location offers the charm of countryside living while still being just a 10-minute drive from the amenities of Oldham town centre. This home presents an excellent chance for buyers looking to add value through modernization and personal design.

Investment Analysis

(OL4 area)

Below Market Value

This property is priced -17.5% below area average per sq ft

-17.5%
Potential saving
This Property
£194/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
£213,289
10% above area average per sq ft
Potential ROI
+15.3%
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

Furze Lane, Watersheddings, Oldham, OL4
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates