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Greengate close, Smallbridge, Rochdale OL12 9PX - Image 1
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Greengate close, Smallbridge, Rochdale OL12 9PX

North West

£65,000

Listed on 30/05/2026

Property Details

Bedrooms
1
Type
Flat
Area
463 sqft

Description

This ground floor flat presents a valuable opportunity for renovation and investment within a popular development. With its strategic location, just a short walk from local amenities including schools, Smithybridge train station, and Hollingworth Lake, this property offers both convenience and potential for future appreciation. The interior comprises an entrance hall leading to a spacious lounge, a functional fitted kitchen, one double bedroom, and a bathroom. Key features include gas central heating and UPVC double glazing throughout. Additionally, the communal parking and surrounding green space enhance the appeal of this property. While it requires some updating, it provides a blank canvas for personalization or further development. This flat is well-positioned to benefit from ongoing area improvements and increased demand.

Investment Analysis

(OL12 area)

Below Market Value

This property is priced -38.2% below area average per sq ft

-38.2%
Potential saving
This Property
£140/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£215
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£115,662
10% above area average per sq ft
Potential ROI
+28.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (OL12)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +13.2%
5 year growth: +23.7%
Investment Disclaimer: Analysis based on OL12 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

Greengate close, Smallbridge, Rochdale OL12 9PX
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£246
Based on a loan of £48,750 over 30 years at 4.45% 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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