2 bedroom terraced house for sale

TO BE SOLD BY ONLINE AUCTION ON 21ST JANUARY UNLESS SOLD PRIOR UNDER AUCTION TERMS.

292 Fields New Road, Chadderton, Oldham, OL9 8PD

A residential investment opportunity which we understand is currently let at £550 per calendar month, equating to an annual income of £6,600. 

Based on the information provided, the accommodation is understood to comprise a living room and kitchen to the ground floor, with two bedrooms and a bathroom to the first floor. Please note that no internal inspection has been possible, and all details are provided in good faith but have not been independently verified. A copy of the AST is awaited and will be made available to interested parties once received.

The property is located in a well-established residential area that continues to attract strong rental demand due to its proximity to local amenities, schools, and public transport links, as well as easy access to Oldham town centre, Rochdale, and the wider Greater Manchester area.

Chadderton remains popular with investors thanks to its affordable entry point, consistent tenant demand, and good transport connectivity, making this a solid long-term investment location. The property offers an opportunity for buyers looking to add to their portfolio in an area with proven rental appeal.

Here are some similar sold properties taken from Land Registry that highlight the potential:

232, Denton Lane, Oldham, OL9 8PE-Sold - 05/09/2025 £157,000 Terraced 2 beds 0.12 mi

15, Bredbury Street, Oldham, OL9 8QW-Sold - 10/07/2025 £155,000 Terraced 2 beds 0.02 mi

201, Denton Lane, Oldham, OL9 9DQ-Sold - 20/06/2025 £152,000 Terraced 2 beds 0.17 mi

Tenant ready property values in the area are in the region of £950pcm

EPC rating C