Yopa says ..

Property Oracle says ..

This two-bedroom terraced house located on Hollins Road in Oldham, OL8 presents a unique opportunity for buyers willing to undertake a substantial renovation project. The property is listed at £90,000 and requires significant work throughout. The photographs reveal significant damage to the walls, including plaster decay and signs of damp or mould. The floors also appear in need of replacement or significant repair. While the bathroom and kitchen are present, they would likely also require updating or complete refurbishment. The location benefits from relative proximity to public transport and schools, including Oasis Academy Oldham. However, the surrounding area seems to lack premium amenities. The small yard offers minimal outdoor space. Given the extensive renovation needed, potential buyers should factor in significant extra costs into their budget. A full survey is essential before committing to purchase. Investors seeking a property for refurbishment and rental may find this more attractive, as the relatively low purchase price can be offset by potential rental income following the renovations. First-time buyers may also find this option appealing if they have the necessary funds and skills to undertake the work themselves. Overall, the property’s potential is limited by its current condition, yet the low price point and relative proximity to amenities could make it a viable option for specific buyers.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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