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Fourth Avenue, Oldham

North West

£140,000
Listed on 18/04/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom terraced home offers a solid foundation for renovation in the sought-after residential area of Chadderton. Conveniently located near local schools, amenities, and public transport, this property presents an excellent investment opportunity or a starter home for first-time buyers looking to establish themselves on the property ladder. Upon entry, you are greeted by a spacious lounge featuring under-stairs storage and an electric fire surround, providing potential for modern styling. At the rear lies the kitchen, equipped with essential appliances but in need of updates to meet contemporary standards. The first floor comprises two generously sized bedrooms — ideal for personalization or rental appeal — alongside a bathroom that could benefit from refurbishment, featuring essential fixtures but lacking modern flair. Outside, the low-maintenance flagged garden offers scope for landscaping or outdoor enhancements. The home requires comprehensive modernization throughout, making it a prime candidate for those looking to add value through strategic renovations.

Investment Analysis

(OL8 area)
Area Average
£213/sq ft
Avg Rent (weekly)
£245
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (OL8)

Area prices are rising by +9.5% over the last 12 months
3 year growth: +27.9%
5 year growth: +64.3%
Investment Disclaimer: Analysis based on OL8 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

Fourth Avenue, Oldham
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£496
Based on a loan of £105,000 over 30 years at 3.91% 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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