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About This Property

Discover what makes this home special

Apartment 1 is a well-appointed one-bedroom apartment located in the heart of Oldham, offering an excellent balance of comfort and convenience. Priced competitively at £176,000, this property is ideal for first-time buyers, young professionals, or investors seeking steady rental returns. The apartment features a spacious living area with ample natural light, a modern fitted kitchen, and a well-sized bedroom with adjacent bathroom facilities. Its location within Oldham provides easy access to local amenities and transport links, making commuting to Manchester and surrounding areas straightforward.

The property benefits from a south-east facing garden area, ensuring good morning and early afternoon sunlight, perfect for those who appreciate outdoor space in an urban setting. With the ongoing regeneration projects in Oldham town centre and improved transport infrastructure, this apartment represents a sound investment opportunity with potential for future capital growth.

Property Features

This apartment offers a modern fitted kitchen equipped with contemporary appliances, a bright living room benefiting from south-east light exposure, and a comfortable double bedroom. The bathroom is well-maintained with quality fixtures. Additional features include double glazing and gas central heating, ensuring energy efficiency and comfort year-round. The south-east facing garden provides a private outdoor space, a rare find for an apartment in this area.

One BedroomOne BathroomFitted KitchenSouth-East Facing GardenDouble GlazingGas Central Heating+1

Local Amenities

Situated within close proximity to Oldham Mumps Metrolink station, residents enjoy excellent connectivity to Manchester city centre and beyond. The nearby Oldham town centre offers a variety of shopping, dining, and entertainment options, including the historic Oldham Coliseum Theatre and Alexandra Park for leisure and recreation. Educational facilities such as Oldham Sixth Form College and several well-regarded primary schools are easily accessible, making this location suitable for a range of residents. Supermarkets like Tesco provide convenient grocery shopping within a short distance.

Oldham Mumps StationOldham Town CentreTesco SuperstoreOldham Coliseum TheatreAlexandra ParkOldham Sixth Form College+1
Oldham Mumps Train Station (1.1 miles, 6 mins drive) • 25 mins to Manchester

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£176,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£73/mo
Estimated Ground Rent£6/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£176,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£73/mo
Estimated Ground Rent£6/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
68/100
ChallengingModerateGoodExcellent
Affordable entry price
Good rental demand from local students and young professionals
Limited international profile of Oldham compared to Manchester
Transport links improving but still secondary to Manchester

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£176,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£73/mo
Estimated Ground Rent£6/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
6.4%
Based on £939/mo rent
Area Price Growth
+6.9%
Average annual increase
5-Year Value Forecast
£245,928
+£69,928 projected gain
5-Year Rent Forecast
£1,210/mo
Based on 5.2% annual growth
Price per Sq Ft£352
Annual Rent Income£11,268
10-Year ROI256%
Break-Even Point13 yrs

Property Value Projection

Based on 6.9% annual growth
£245,928
5yr
£343,639
10yr
£480,172
15yr
£670,952
20yr
£937,533
25yr
Current: £176,000

Monthly Rental Income

Based on 5.2% annual growth
£1,210
5yr
£1,559
10yr
£2,009
15yr
£2,588
20yr
£3,335
25yr
Current: £939/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

Manchester Piccadilly
25 mins
20 mins
Manchester Airport
45 mins
35 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Excellent
Afternoon Good
Evening Low
Bedroom
Morning Good
Afternoon Moderate
Evening Low
Kitchen
Morning Moderate
Afternoon Good
Evening Low

Location Scores

58
Walk Score
Somewhat Walkable
62
Transit Score
Good Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use Commercial & Residential+Positive Impact
Oldham Town Centre Regeneration
1 mileEst. 2025
Transport InfrastructureSignificant Positive Impact
Metrolink Extension to Oldham
N/AEst. 2024
* Information based on local planning applications and may be subject to change

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£176,000
AvailableNB0000027200
View Location Analytics

Apartment 1

Oldham, Oldham OL3 5NU
Broadstone Manor, Diggle
1
Bedrooms
1
Bathrooms
500
Est. Sq ft
apartment
Type

Developer

Redrow
Available Plot Numbers
Plot 5
1 plot(s) available
Ownershipleasehold

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£176,000Apartment 1

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Apartment 1
Apartment 1Oldham£176,000

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