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Ceylon Street, Salem, Oldham - Image 1
Ceylon Street, Salem, Oldham - Image 2
Ceylon Street, Salem, Oldham - Image 3
Ceylon Street, Salem, Oldham - Image 4
Ceylon Street, Salem, Oldham - Image 5
Ceylon Street, Salem, Oldham - Image 6
Ceylon Street, Salem, Oldham - Image 7

Ceylon Street, Salem, Oldham

North West

£120,000
Listed on 11/03/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
850 sqft

Description

This two-bedroom property presents a noteworthy renovation opportunity. With two reception rooms, the layout offers flexibility for modern living, but it does require significant updating throughout. The ground floor features an entrance hall leading to a lounge and a rear lounge, alongside a compact kitchen that includes basic fitted units. The first floor comprises two bedrooms and a bathroom with a three-piece suite, all of which could benefit from contemporary enhancement. Externally, there is a forecourt and an enclosed courtyard at the rear, providing outdoor space that could be transformed into an inviting area with the right vision. Given that there are no onward chain complications, this property is ripe for an investor or homeowner looking to add value through refurbishment.

Investment Analysis

(OL4 area)

Below Market Value

This property is priced -40.7% below area average per sq ft

-40.7%
Potential saving
This Property
£141/sq ft
Area Average
£238/sq ft
Avg Rent (weekly)
£205
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£222,624
10% above area average per sq ft
Potential ROI
+53.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
58%
Properties sold annually

Local Market Trend (OL4)

Area prices are rising by +6.2% over the last 12 months
3 year growth: +14.7%
5 year growth: +30.8%
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

Ceylon Street, Salem, Oldham
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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
£433
Based on a loan of £90,000 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.

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