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2 Cornish Way, Royton OL2 6JW

North West

£229,950
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
831 sqft

Description

This three-bedroom semi-detached home in a sought-after area of Royton offers substantial potential for renovation and investment. The layout includes an entrance hallway leading to a spacious lounge and a sizeable kitchen/dining room, which is equipped with basic fitted units and appliances but could benefit from modernization. The first floor comprises three bedrooms complemented by a family bathroom, all of which present opportunities for updates that could greatly enhance value. Outside, the property features front and rear gardens along with side mature planting, providing ample outdoor space that could be transformed into an attractive landscape. A detached garage and driveway add practicality, making it suitable for young families or first-time buyers looking to create their ideal home. With good local schools nearby, this property is a blank canvas ready for someone to put their stamp on it.

Investment Analysis

(OL2 area)

Above Market Value

This property is priced +8.1% above area average per sq ft

+8.1%
This Property
£277/sq ft
Area Average
£256/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£234,055
10% above area average per sq ft
Potential ROI
-8.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (OL2)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +13.9%
5 year growth: +34.0%
Investment Disclaimer: Analysis based on OL2 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

2 Cornish Way, Royton OL2 6JW
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£814
Based on a loan of £172,462 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.

Stamp Duty Calculator

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