Balfour Street, Oldham OL4
North West
£100,000
Listed on 31/07/2026
Listed on 31/07/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
724 sqftFeatures
- Garden
Description
This two-bedroom mid-terrace house in Oldham has a lounge, a kitchen and dining room, two bedrooms and a three-piece bathroom. The listing states that the property has gas central heating, uPVC double glazing where specified, and neutral décor and carpets. Outside, there is an enclosed rear yard, with on-street parking at the front.
The property is described as needing modernisation, offering scope for refurbishment. The agent suggests that, subject to the work and local market conditions, it may achieve rent of around £10,800 per year. The tenure is leasehold, to be confirmed by the vendor’s solicitors, and vacant possession is stated to be available on completion.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
76out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £100,000, this two-bedroom terrace is priced well below the local £/sqf average, making the asking price a clear acquisition opportunity. The lounge, kitchen-diner, bedroom and bathroom look usable but have older finishes, so the £5,000–£13,000 renovation range points to a light refresh rather than a major project. There is scope to update finishes and flooring, then tidy the enclosed hard-surfaced rear yard and weathered boundary walls.
Key opportunities
- Acquire at £138/sqf, 42.2% below the local average.
- Refresh the dated finishes and older floor coverings across the visible living areas.
- Improve the enclosed rear yard with cleaning and attention to its weathered boundary walls.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£378
Based on a loan of £75,000 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.
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