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Sloane Avenue, Lees, Oldham

North West

£220,000

Listed on 07/09/2026

The listing

Property details

Bedrooms
2
Type
Semi Detached
Area
784 sqft

Description

McDermott & Co proudly presents this well-maintained two-bedroom semi-detached home, situated in the desirable area of Lees, Oldham. Spanning approximately 784 sq ft, this property is ideal for first-time buyers, downsizers, and investors looking for a project with potential. The ground floor features an entrance hallway leading to a bright and spacious lounge, complemented by a modern dining kitchen equipped with a range of wall and base units, integrated appliances, and ample space for dining. The first floor includes two well-proportioned bedrooms and a family bathroom, while a useful loft room offers additional storage or workspace. Externally, the property boasts off-road parking and a tiered rear garden with patio areas, perfect for outdoor relaxation and entertaining. Located close to local amenities, schools, and transport links, this home balances everyday convenience with suburban charm. Early viewing is highly recommended to appreciate the accommodation and its potential.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

27out of 100
Grade ELow opportunity

Confidence: MEDIUM

This well-presented two-bedroom semi-detached home is situated in a desirable area of Lees, Oldham, and offers a solid foundation for buyers looking to invest in a property with potential. While the asking price of £220,000 is above the local average at £281/sqf, the overall condition is good, with a spacious lounge, modern kitchen, and well-proportioned bedrooms. The tiered garden adds to the appeal, providing generous outdoor space for relaxation and entertainment.

However, the renovation economics present a challenge, as the combined costs of the purchase and refurbishment leave all-in expenses stretched compared to local benchmarks. Although the property is well-maintained, the family bathroom does show some signs of wear, which could be a starting point for updates. Overall, this listing has attractive features, but prospective buyers should carefully consider the financial implications before proceeding.

Key opportunities

  • Spacious lounge with ample natural light, ideal for personalization.
  • Generous tiered garden, perfect for outdoor living and entertaining.
  • Modern kitchen with integrated appliances, ready for minor updates.

Key risks

  • Asking price plus renovation range may stretch overall costs beyond local benchmarks.
  • Worth allowing for £250,000 all-in — £30,000 of works on top of the asking price, about 25% ahead of typical local benchmarks for this size; we have not assumed a post-renovation resale figure.

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Map

Location

Sloane Avenue, Lees, Oldham
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£831
Based on a loan of £165,000 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.

Tax

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Indicative tax based on the asking price and the options you select.

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