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Great Howarth, Rochdale

North West

£50,000

Listed on 30/05/2026

Property Details

Bedrooms
1
Type
Flat
Area
462 sqft

Description

This first-floor flat, situated in a desirable development in the North West, presents an appealing opportunity for renovation and investment. The property boasts versatile living spaces, including a welcoming entrance hall leading to a spacious lounge, a fitted kitchen with potential for modern upgrades, one double bedroom, and a compact bathroom. It benefits from gas central heating and UPVC double glazing throughout, but could use some cosmetic updates to maximize its potential. With communal parking available and a location that offers easy access to local amenities such as schools, public transport links, and nearby recreational areas like Hollingworth Lake, this flat is ripe for transformation. Ideal for investors or first-time buyers looking to enhance value through smart renovations.

Investment Analysis

(OL12 area)

Below Market Value

This property is priced -52.3% below area average per sq ft

-52.3%
Potential saving
This Property
£108/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£215
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£8,000 - £15,000
Target Value
£115,412
10% above area average per sq ft
Potential ROI
+77.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Great Howarth, Rochdale
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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
£189
Based on a loan of £37,500 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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