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Tong Lane, Whitworth, OL12

North West

£75,000
Listed on 17/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
579 sqft

Description

This back-to-back terrace property in Whitworth presents a promising investment opportunity, particularly for those looking to enhance their portfolio. Comprising two bedrooms, a lounge, kitchen, and a three-piece bathroom suite, the layout is functional yet currently lacks modern updates. The property is tenanted with a rental income of £340 per month, making it an attractive prospect for landlords. Its location near picturesque countryside walks and essential amenities adds to its appeal. While the interior would benefit from upgrades and aesthetic improvements, the potential to increase rental value post-renovation is significant. This property offers investors a chance to not only secure immediate income but also to capitalize on future appreciation through sensible renovations.

Investment Analysis

(OL12 area)

Below Market Value

This property is priced -41.3% below area average per sq ft

-41.3%
Potential saving
This Property
£130/sq ft
Area Average
£221/sq ft
Avg Rent (weekly)
£216
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£140,436
10% above area average per sq ft
Potential ROI
+40.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
57%
Properties sold annually

Local Market Trend (OL12)

Area prices are rising by +3.5% over the last 12 months
3 year growth: +14.8%
5 year growth: +36.0%
Investment Disclaimer: Analysis based on OL12 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

Tong Lane, Whitworth, OL12
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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
£270
Based on a loan of £56,250 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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