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Dovecote Lane, Springhead, Saddleworth, OL4

North West

£165,000
Listed on 19/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
726 sqft

Description

Situated on the desirable boundary of Lees and Springhead, this semi-detached property presents an excellent opportunity for first-time buyers seeking a project. While it currently requires modernization, the potential to transform it into a comfortable home is significant. The property features a welcoming front porch, an open-plan lounge and dining area, and a kitchen that includes matching units ripe for refurbishment. A conservatory at the rear may also need replacement, offering further enhancement options. On the first floor, there are two spacious double bedrooms along with a versatile third room, suitable as either an additional bedroom or a home office. The bathroom is equipped with a basic three-piece suite comprising a deep panelled bath with an overhead shower, a pedestal wash hand basin, and a low-level WC. The home is centrally heated via gas with radiators in every room, and benefits from uPVC double glazing throughout. Externally, the property is set back from the road with steps leading to the entrance. The rear garden offers a decked patio area alongside a lawn, while a single garage located close by adds extra convenience. This location provides easy access to various local amenities including shops, schools, and public transport links. Moreover, it lies within reach of both Oldham town centre and the scenic Saddleworth villages—ideal for families looking for community and convenience.

Investment Analysis

(OL4 area)

Below Market Value

This property is priced -3.5% below area average per sq ft

-3.5%
Potential saving
This Property
£227/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
£188,150
10% above area average per sq ft
Potential ROI
-1.0%
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

Dovecote Lane, Springhead, Saddleworth, 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
£595
Based on a loan of £123,750 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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