55 Greenhurst Crescent, Fitton Hill, Oldham, OL8 2QQ

Description

Two bedroom semi-detached house requiring refurbishment, situated on a good sized plot which offers the potential to extend. The property is requiring refurbishment and modernisation, but is full of potential, and is situated on a large plot which offers the opportunity to extend, subject to the necessary permissions.

Accommodation

Entrance hall with staircase leading to the first floor, lounge, spacious kitchen/diner, conservatory, first floor landing, two double bedrooms and three piece bathroom.

Location

Located in the Fitton Hill area of Oldham, on Greenhurst Crescent in a well-established residential area with convenient access to local amenities. It is well placed for travel to Oldham and Ashton town centres via car or public transport, with regular bus routes along Ashton Road. Daisy Nook Country Park is a short five-minute drive away.

Tenure / Property Information

Investment Analysis

No completed sale comparables or formal valuation evidence supplied. The £110,000+ guide is the only purchase-price evidence; GDV cannot be established reliably.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack and obtaining refurbishment, planning and valuation advice. Do not rely on the advertised rent or extension potential without verification.

Works Required

Refurbishment and modernisation as required by the description. Any extension would require the necessary permissions; its scope and cost are unsupported.

Rental & Market Context

Potential BRRR Position

BRRR analysis cannot be completed because refurbishment costs and a supported post-works GDV are unavailable. The known minimum buyer/admin charge is £2,100, before any other special-condition costs.

Buy-to-Let Analysis

The supplied advertised asking rent is £950 pcm, equating to £11,400 annually and 10.36% gross against the £110,000 guide. This is not an achieved rent, and refurbishment costs, finance, operating costs and total acquisition cost are unavailable.

Flip Analysis

A flip surplus cannot be calculated because there are no completed comparables, supported GDV, refurbishment budget or selling-cost allowance. The large plot and extension potential are subject to permissions.

Investor Risks & Due Diligence

• Refurbishment scope and cost are unspecified.

• Extension potential is subject to necessary permissions.

• The £950 pcm figure is an advertised asking rent, not an achieved rent.

• Special Conditions may impose additional search, legal, seller-cost or transfer charges.

• No completed comparable sales or formal GDV evidence is supplied.

Recommendation

Proceed only after reviewing the legal pack and obtaining refurbishment, planning and valuation advice. Do not rely on the advertised rent or extension potential without verification.

Strategy Rating

Analysis Confidence

Basic property, guide-price, tenure and rental-listing evidence is supplied, but there are no sold comparables, refurbishment costs, GDV, achieved rent or complete purchase-cost details.