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Chadwick Hall Road, Bamford, Rochdale OL11 - Image 1
Chadwick Hall Road, Bamford, Rochdale OL11 - Image 2
Chadwick Hall Road, Bamford, Rochdale OL11 - Image 3

Chadwick Hall Road, Bamford, Rochdale OL11

North West

£390,000
Listed on 05/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents an excellent opportunity for those looking to invest in residential development. Located in a desirable neighborhood, the site has received full planning permission for two striking contemporary homes, each featuring five bedrooms and three bathrooms. This design not only accommodates spacious living but also includes dedicated parking and outdoor terrace areas that can enhance the overall appeal of the properties. Set against a backdrop of picturesque open views, this plot is surrounded by similarly appealing homes, making it a prime candidate for investment. The approved plans emphasize modern aesthetics and functionality, aligning with current market trends that favor larger family-oriented residences. The property's location on Chadwick Hall Road in Bamford, Rochdale adds to its value. The area is known for its community amenities and accessibility, which are attractive traits for potential buyers or renters. By developing these two homes as approved, there’s significant potential to create living spaces that resonate well with families seeking contemporary comforts in a tranquil setting. For those interested in pursuing this project, please note that the relevant planning reference is Rochdale Planning Reference 20/00865/ful. It’s advisable for prospective buyers to verify all details regarding planning permissions and any requirements from local authorities before proceeding. Additionally, this land comes with freehold tenure status and is currently exempt from council tax. An exploration of the expanded possibilities offered by this investment could yield favorable returns in a competitive market.

Investment Analysis

(OL11 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£600,000 - £800,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (OL11)

Area prices are falling by +6.0% over the last 12 months
3 year growth: 3.3%
5 year growth: 33.9%
Investment Disclaimer: Analysis based on OL11 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

Chadwick Hall Road, Bamford, Rochdale OL11
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,429
Based on a loan of £292,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE