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Dovecote Lane, Springhead, Saddleworth OL4

North West

£165,000

Listed on 16/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
860 sqft

Description

This semi-detached property, located at the desirable junction of Lees and Springhead, presents a promising opportunity for first-time buyers or investors looking to enhance a home with considerable potential. Offering ample living space, the property requires modernisation and is primed for transformation into a welcoming family residence.

Upon entering, you will find a front porch leading into an open-plan lounge and dining area that boasts the potential for creating a contemporary atmosphere. The kitchen, fitted with matching units, is ready for an upgrade to meet modern standards. A conservatory at the rear awaits replacement, allowing for reimagined usage as part of any future plans.

The first floor comprises two double bedrooms alongside a versatile third room that can serve as a bedroom or office space. The bathroom is equipped with a traditional three-piece suite including a deep panelled bath with shower over, enhancing the practical use of space.

This property benefits from gas central heating and uPVC double glazing throughout. Externally, it features a front garden set back from the road with steps leading to the entrance. The rear garden includes a decked patio area complemented by additional lawn space—a blank canvas for outdoor renovation. Additionally, there's access to a single garage on an adjacent plot.

Dovecote Lane's convenient location offers easy reach to local amenities such as shops and schools, along with regular bus services. Situated within close proximity to Oldham town centre and Saddleworth villages, this semi-detached home could be transformed into an ideal family residence with thoughtful renovations.

Investment Analysis

(OL4 area)

Below Market Value

This property is priced -18.4% below area average per sq ft

-18.4%
Potential saving
This Property
£192/sq ft
Area Average
£235/sq ft
Avg Rent (weekly)
£212
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£222,310
10% above area average per sq ft
Potential ROI
+17.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (OL4)

Area prices are rising by +7.0% over the last 12 months
3 year growth: +20.3%
5 year growth: +28.2%
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

Dovecote Lane, Springhead, Saddleworth OL4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£589
Based on a loan of £123,750 over 30 years at 3.97% 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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