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Burnedge Lane, Grasscroft, Saddleworth

North West

£850,000

Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1615 sqft

Description

Situated on a highly desirable road in Grasscroft, this 1960s residence offers an exciting opportunity for both expansion and modernization. The home is nestled within beautifully maintained gardens that provide a serene escape, enhanced by views of the surrounding countryside. This versatile property currently showcases spacious living areas, including an open-plan kitchen and dining space ideal for family interaction, along with a bright conservatory that invites natural light while offering lovely garden views. The existing layout boasts three double bedrooms, two located on the ground floor alongside a well-appointed family bathroom, while the first floor features a guest suite complete with its own shower room. The property benefits from outline planning permission, creating numerous possibilities for the next owner—whether that's enhancing the current structure or developing new luxury homes subject to necessary consents. The outdoor space features an expansive driveway leading to a sizable garage capable of accommodating multiple vehicles, as well as additional storage spaces that could serve as a gym or workshop. A dedicated office area with independent access adds significant value for those working from home. With potential for renovation and expansion in one of Grasscroft's most sought-after locations, this property presents a compelling investment opportunity for forward-thinking buyers.

Investment Analysis

(OL4 area)

Above Market Value

This property is priced +124.0% above area average per sq ft

+124.0%
This Property
£526/sq ft
Area Average
£235/sq ft
Avg Rent (weekly)
£212
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£417,478
10% above area average per sq ft
Potential ROI
-55.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (OL4)

Area prices are rising by +7.0% over the last 12 months
3 year growth: +20.3%
5 year growth: +28.2%
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

Burnedge Lane, Grasscroft, Saddleworth
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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
£3,033
Based on a loan of £637,500 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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