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Manchester Road, Greenfield, Saddleworth, OL3

North West

£270,000
Listed on 11/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
1567 sqft

Description

This four-storey mid-terrace property in the desirable village of Greenfield presents an excellent opportunity for investors or those looking to create their ideal home. The building's spacious layout spans four floors, offering significant potential for renovation and personalisation. While some modernisation is required, the foundation is strong, featuring a large lounge and kitchen with matching units and a distinctive stone fireplace on the ground floor. The lower ground level hosts two additional reception rooms complemented by an ensuite shower room, providing flexible living options with access to a rear patio area. Upstairs, the first floor consists of two generously sized bedrooms along with a main bathroom outfitted with essential three-piece fixtures. Further enhancing this property’s appeal is a loft area that could be converted into additional living space subject to planning approvals. The property benefits from gas central heating via a Worcester combination boiler and uPVC double-glazed windows throughout, ensuring comfort and energy efficiency. Outside, enjoy a decked patio and paved area that overlooks a serene brook. Located conveniently opposite St Mary's primary school, this home is in close proximity to local amenities and transport links, making it an attractive proposition for families and commuters alike. Overall, this property holds vast potential for transformation into a dream residence or investment venture.

Investment Analysis

(OL3 area)

Below Market Value

This property is priced -47.6% below area average per sq ft

-47.6%
Potential saving
This Property
£172/sq ft
Area Average
£329/sq ft
Avg Rent (weekly)
£246
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£567,097
10% above area average per sq ft
Potential ROI
+80.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (OL3)

Area prices are falling by -4.4% over the last 12 months
3 year growth: +7.0%
5 year growth: +16.6%
Investment Disclaimer: Analysis based on OL3 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

Manchester Road, Greenfield, Saddleworth, OL3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£963
Based on a loan of £202,500 over 30 years at 3.97% 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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