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Deramore Close, Ashton-Under-Lyne, OL6

North West

£235,000

Listed on 17/07/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
657 sqft

Description

This detached two-bedroom bungalow is situated in a prime corner plot just moments from Stamford Park and its picturesque lake in Ashton-Under-Lyne. The property offers excellent accessibility to local amenities, including shops, restaurants, supermarkets, and hospitals, as well as convenient transport links to Manchester City Centre and major motorways. While the home is currently in need of modernization, it presents a significant opportunity for renovation that could transform it into a comfortable living space. The internal layout includes a welcoming porch leading to a spacious open-plan reception room with ample dining space, a traditional fitted kitchen, two generous double bedrooms, and a low-level bathroom suite. Outdoor features include off-road parking for two vehicles, a lawned rear garden with a large patio area ideal for gatherings, and an attached single garage providing additional storage. Offered with no onward chain and freehold tenure.

Investment analysis

(OL6 area)

Above Market Value

This property is priced +49.9% above area average per sq ft

+49.9%
This Property
£358/sq ft
Area Average
£239/sq ft
Avg Rent (weekly)
£225
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£172,472
10% above area average per sq ft
Potential ROI
-37.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (OL6)

Area prices are falling by -5.4% over the last 12 months
3 year growth: +0.4%
5 year growth: +37.9%
Investment Disclaimer: Analysis based on OL6 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

Deramore Close, Ashton-Under-Lyne, OL6
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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
£888
Based on a loan of £176,250 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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