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Roe Lane, Salem, Oldham OL4 - Image 1
Roe Lane, Salem, Oldham OL4 - Image 2
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Roe Lane, Salem, Oldham OL4

North West

£170,000
Listed on 13/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
735 sqft

Description

This semi-detached two-bedroom home, located in a peaceful cul-de-sac, presents a promising investment opportunity for buyers eager to implement their renovation ideas. With no onward chain, this property is ready for immediate consideration. The ground floor features an inviting entrance hallway leading to a spacious lounge and a fitted kitchen, accompanied by a conservatory that adds versatility to the living space. Upstairs, you will find two well-sized double bedrooms equipped with built-in wardrobes and a functional family bathroom. The property benefits from UPVC double glazing and gas central heating, providing essential comfort and energy efficiency. Outside, the home offers driveway parking and gardens at both the front and back, along with the potential for extensions (subject to planning consent). Situated just a short walk from Lees village centre, which boasts an array of shops and eateries, this home is ideal for those looking to modernise in a convenient location.

Investment Analysis

(OL4 area)

Below Market Value

This property is priced -1.5% below area average per sq ft

-1.5%
Potential saving
This Property
£231/sq ft
Area Average
£235/sq ft
Avg Rent (weekly)
£217
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£189,755
10% above area average per sq ft
Potential ROI
-5.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (OL4)

Area prices are rising by +5.4% over the last 12 months
3 year growth: +16.1%
5 year growth: +25.0%
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

Roe Lane, Salem, Oldham OL4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£602
Based on a loan of £127,500 over 30 years at 3.91% 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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