6 Lilac View Close, Shaw, Oldham, OL2 8QF

Description

Offered for sale with vacant possession. A spacious, extended four-bedroom home located in a sought-after cul-de-sac, featuring countryside views and views over the town. The property would benefit from some updating. Internal inspection will reveal an entrance porch, hall, spacious kitchen dining room, kitchen, four bedrooms, one with en-suite, and a family bathroom. There is also a useful garage. Externally there are gardens to the front and rear, and off-road parking.

Accommodation

Ground Floor: Living Room/Dining Room, Kitchen, Garage. First Floor: Bedroom One with En-suite, Bedroom Two, Bedroom Three, Bedroom Four, Bathroom.

Location

Located in a sought-after cul-de-sac in Shaw, Oldham, a short distance from the Shaw & Crompton Metrolink stop and access to the M62 motorway network. Local shops and schools are within easy reach.

Tenure / Property Information

Investment Analysis

Completed-sale evidence ranges from £187,000 to £210,000 for nearby or same-close leasehold semi-detached properties, with the latest supplied sale at £210,000 in April 2020. The subject is described as an extended four-bedroom property, but the comparables lack bedroom, condition and size details and no current-market evidence is supplied. A cautious evidence-based GDV range is therefore £187,000–£210,000, with £210,000 used as the base scenario without a current valuation adjustment.

Investment Snapshot

Strategy Recommendation

Treat as a cautious owner-occupier-style acquisition opportunity pending internal inspection, legal review and a full works budget. Do not rely on BTL or BRRR returns without rental evidence and quantified costs.

Works Required

Internal inspection and updating are required, but the supplied evidence does not specify defects or a quantified scope. Review the kitchen, bathrooms, décor, EPC-related items and general condition before budgeting.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A 75% refinance of the £210,000 base GDV would be £157,500. Purchase cost, works and total project cost cannot be established because refurbishment costs and other possible auction charges are unspecified, so cash left in and equity cannot be calculated.

Buy-to-Let Analysis

BTL appraisal cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The guide is £200,000 plus fees, including a 1.5% administration charge subject to a £2,100 minimum and £360 search fees, before any other charges.

Flip Analysis

The supplied evidence supports only a broad £187,000–£210,000 completed-sale range. A flip surplus cannot be calculated because works, finance, selling costs and the full acquisition cost are not supplied.

Investor Risks & Due Diligence

• The property requires updating, but its condition and refurbishment scope are unverified without internal inspection.

• Current market value is uncertain because the latest supplied comparable completed in 2020.

• No sufficiently specific rental evidence is available, preventing yield analysis.

• Leasehold title requires legal review despite the stated 999-year term and low ground rent.

• Auction administration, search and potentially other seller, legal or transfer charges may apply.

• The current EPC rating is E.

Recommendation

Treat as a cautious owner-occupier-style acquisition opportunity pending internal inspection, legal review and a full works budget. Do not rely on BTL or BRRR returns without rental evidence and quantified costs.

Strategy Rating

Analysis Confidence

There are several completed sales and clear tenure and occupancy information, but the comparables are dated, lack detailed attributes, and there is no rent evidence, inspection detail or quantified refurbishment budget.