Hanging Lees Close, Newhey, Rochdale, Greater Manchester, OL16
North West
£215,000
Listed on 31/10/2026
Listed on 31/10/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
779 sqftFeatures
- Garage
- Garden
- Parking
Description
This three-bedroom semi-detached house occupies a generous end plot in Newhey, with gardens wrapping around the property, gated off-street parking and a garage. The listing describes the home as requiring modernisation, offering scope for a buyer to update it over time. Local shops, cafés and bars, schools, Metrolink and bus services are noted nearby, along with access to the M62 and countryside walks around Piethorne Reservoir.
An entrance porch leads to a spacious lounge, while the kitchen has fitted cupboards and worktops, space for appliances and room for a small table. Upstairs are three bedrooms, including a main bedroom with an over-stairs cupboard, and a wet room. The property has an EPC rating of D.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
37out of 100
Grade ELow opportunity
Confidence: MEDIUM
The standout is the generous end plot: wraparound gardens, gated parking and a garage give this three-bedroom semi useful space to shape, alongside a bright, spacious lounge and convenient village, Metrolink and countryside access. The interiors look usable but dated, while the overgrown gardens and worn hard landscaping offer scope for a light refresh and outdoor improvement.
The value is the main constraint. At £215,000, the asking price is about 18% above the local £/sqf average, and once a mid-to-substantial programme of improvements is allowed for, the purchase and works budget looks stretched against local benchmarks for a home of this size. That comparison is with current local values, not a forecast of what the property might be worth after renovation.
Key opportunities
- Wraparound gardens offer room to clear and improve the outdoor space, with scope for keen gardeners or family use.
- The bright, spacious lounge and usable layout provide a solid base for updating finishes at a light-project scale.
- Garage, gated off-street parking and access to village amenities, Metrolink and countryside walks add practical appeal.
Key risks
- At the current asking price, allowing for the improvement programme leaves the overall budget stretched against local benchmarks for this floor area.
- Purchase plus the works band looks tight after allowing for the asking price and a non-cosmetic works programme — roughly 20% above what comparable floor area achieves locally in current condition, so margin after refurbishment is unproven.
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Transport
Nearest stations
Newhey (Manchester Metrolink)
0.2 miles
Tram · Newhey
Milnrow (Manchester Metrolink)
1.0 miles
Tram · Milnrow
Kingsway Business Park (Manchester Metrolink)
1.5 miles
Tram · Milnrow
Shaw and Crompton (Manchester Metrolink)
1.8 miles
Tram · Shaw
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£878
Based on a loan of £161,250 over 30 years at 5.13% 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.
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