Oldham Road, Royton, Oldham OL2
North West
£120,000
Listed on 01/10/2026
Listed on 01/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
657 sqftDescription
This two-bedroom terraced house in Royton has a reception room and a kitchen/diner, with room sizes listed for the main accommodation. The property is described as requiring refurbishment, giving a buyer scope to update it for their own use or rental. The Royal Oldham Hospital and local amenities are within walking distance, according to the listing. The sale is restricted to cash buyers.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
65out of 100
Grade CPotential opportunity
Confidence: MEDIUM
At £120,000, this two-bedroom Royton terrace is priced at £183/sq ft, around 29% below the local average—a strong entry point for a buyer looking to take on a project. The reception room and bedrooms offer a clear canvas for refreshed finishes, while the kitchen’s deterioration gives scope for a more substantial upgrade; the visible rear paved area could also be improved. Its proximity to the Royal Oldham Hospital adds a useful location feature. The asking price plus the £25,000–£45,000 renovation range gives a simple purchase-and-works total of £145,000–£165,000, before fees and other costs; the £155,000 midpoint is below the stated local-average value indication, though that is not a renovated GDV.
Key opportunities
- Rework the reception room and two bedrooms with new finishes and flooring to give the compact terrace a consistent, refreshed feel.
- Replace the deteriorated kitchen and improve the visible paved rear area to create a more appealing everyday living space.
- Acquire at a notably lower £/sq ft than the local average, with the hospital nearby as a location draw.
Key risks
- The £25,000–£45,000 works range and deterioration across the visible interiors make this a substantial budget and programme, not a cosmetic refresh; ceiling staining and the damaged kitchen area need checking during inspection.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£453
Based on a loan of £90,000 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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