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New Royd Avenue, Lees, Oldham, Greater Manchester, OL4 3PH

North West

£250,000Guide Price

Listed on 15/07/2026

Property details

Bedrooms
5
Type
Semi Detached

Description

This 5-bedroom semi-detached bungalow presents a rare opportunity for those looking to undertake a renovation project in a peaceful cul-de-sac setting. With an expansive garden and a garage, the property offers ample outdoor space and potential for family enjoyment or entertaining. Inside, buyers will find a welcoming hallway leading into versatile living areas, including a spacious living room with striking views through large windows and a dining area that opens onto the garden. The kitchen currently requires complete refurbishment due to previous fire damage, allowing for a custom design tailored to your specifications. While the property is in need of modernisation, including essential repairs throughout, it offers considerable investment potential in this sought-after location on the border of Lees and Austerlands. The first floor houses generous bedrooms bathed in natural light, as well as an un-fitted bathroom that can be reimagined to suit personal tastes. Overall, this property needs significant work but promises significant rewards for those willing to invest time and resources into transforming it into a beautiful family home.

Investment analysis

(OL4 area)
Area Average
£239/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (OL4)

Area prices are rising by +7.3% over the last 12 months
3 year growth: +22.2%
5 year growth: +25.6%
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

New Royd Avenue, Lees, Oldham, Greater Manchester, OL4 3PH
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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
£944
Based on a loan of £187,500 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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