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Springfield Lane, Royton, Oldham, OL2 6XH - Image 1
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Springfield Lane, Royton, Oldham, OL2 6XH

North West

£200,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1092 sqft

Description

This three-bedroom semi-detached home in Thornham presents a promising opportunity for investors or those looking to create their ideal family space. While the property is functional, it requires updating to fully realise its potential, making it an ideal candidate for renovation. The layout offers a welcoming entrance hallway with a W.C., a lounge featuring a gas fire, and a versatile living/dining room that opens into a conservatory, enriching the living experience with natural light. The kitchen/breakfast room and utility area provide ample space for modern upgrades. Upstairs, you'll find three bedrooms equipped with fitted wardrobes and a four-piece family bathroom. Outside, the front driveway leads to a sizable garden at the rear, complemented by a storage garage. Located conveniently near quality schools and local amenities in Royton town centre while being close to Tandle Hill Country Park, this property combines potential with practicality. A new roof was added in 2025, which is an added benefit for prospective buyers.

Investment Analysis

(OL2 area)

Below Market Value

This property is priced -28.6% below area average per sq ft

-28.6%
Potential saving
This Property
£183/sq ft
Area Average
£256/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£307,928
10% above area average per sq ft
Potential ROI
+36.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (OL2)

Area prices are stable by +0.7% over the last 12 months
3 year growth: +15.8%
5 year growth: +31.7%
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

Springfield Lane, Royton, Oldham, OL2 6XH
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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
£714
Based on a loan of £150,000 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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