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About This Property

Discover what makes this home special

Apartment 1 is a well-appointed one-bedroom apartment situated in the heart of Oldham, offering an ideal blend of urban convenience and comfortable living. Priced at £176,000, this property provides excellent value for first-time buyers or investors seeking a manageable, low-maintenance home. The apartment benefits from a thoughtfully designed layout featuring a spacious living area with ample natural light, a modern kitchen, and a well-sized bedroom. The single bathroom is efficiently configured, catering perfectly to the needs of residents.

Located within easy reach of Oldham town centre, the property offers excellent access to local amenities, transport links, and green spaces. The south-east facing aspect ensures the rear garden and main living areas receive pleasant morning sunlight, creating a bright and welcoming atmosphere throughout the day. With ongoing regeneration projects nearby, the area promises future growth and enhanced community facilities, making this apartment a smart investment choice.

Property Features

This apartment boasts a modern kitchen equipped with contemporary fittings, providing a practical space for cooking and dining. The spacious living room benefits from good natural light due to the south-east facing aspect, enhancing the overall ambiance. The single bedroom is generously sized, suitable for singles or couples, while the bathroom is functional and well-maintained. Additional features include secure entry to the building and low maintenance communal areas, making it ideal for busy professionals or investors.

One bedroomModern kitchenSingle bathroomSouth-East facing gardenClose to transport linksLow maintenance+1

Local Amenities

Situated close to Oldham town centre, residents enjoy easy access to a variety of amenities including supermarkets like Tesco, leisure facilities such as Oldham Leisure Centre, and green spaces like Alexandra Park for outdoor activities. The nearby Oldham Mumps tram stop connects the area efficiently to Manchester city centre and surrounding towns. Families will appreciate access to reputable schools including St Mary's RC Primary and The Blue Coat School, both within a short distance, making the location attractive for a broad demographic.

Oldham Mumps StationOldham Town CentreTesco SuperstoreOldham Leisure CentreAlexandra ParkSt Mary's RC Primary School+1
Oldham Mumps Train Station (1.3 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
65/100
ChallengingModerateGoodExcellent
Affordable entry price
Limited direct international transport links
Steady rental demand from local professionals
Lower yield compared to prime Manchester areas

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 Victoria
25 mins
20 mins
Manchester Airport
55 mins
35 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
6h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

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

Location Scores

68
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use (Commercial & Residential)+Positive Impact
Oldham Town Centre Regeneration
0.8 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£176,000
AvailableNB0000027201
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 6
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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