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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, OL3 5NU. Offering a comfortable living space ideal for first-time buyers, professionals, or investors, this property combines convenience with modern living. The apartment benefits from a bright living area, a functional kitchen, and a well-sized bedroom, complemented by a bathroom equipped with contemporary fittings. Its location provides excellent access to local amenities and transport links, making it an attractive option for city commuters.

Situated within a secure development, Apartment 1 offers a low-maintenance lifestyle with the added benefit of proximity to Oldham town centre and key transport hubs. The east-facing aspect ensures pleasant morning sunlight, perfect for those who enjoy a bright start to the day. With a competitive asking price of £176,000, this apartment represents excellent value in a growing market, offering strong rental potential and future capital growth prospects.

Property Features

This apartment boasts a spacious open-plan living and kitchen area, designed to maximise natural light and space efficiency. The bedroom is generously sized and benefits from built-in storage options. Modern double glazing and central heating ensure comfort throughout the year. The secure entry system adds peace of mind, ideal for city living. Overall, the property offers a practical and stylish home with minimal upkeep, perfect for busy professionals or investors seeking a reliable rental asset.

One bedroomOne bathroomOpen-plan living areaFitted kitchenSecure entryDouble glazing+2

Local Amenities

Located just minutes from Oldham Mumps Metrolink station, the apartment offers excellent connectivity to Manchester city centre and surrounding areas. Residents benefit from easy access to a wide range of shops, supermarkets, cafes, and entertainment venues within Oldham town centre. Educational facilities nearby include St Mary's RC Primary School and Oldham Sixth Form College, making it suitable for families and students alike. For leisure, Alexandra Park provides a green oasis for outdoor activities, while cultural attractions like the Oldham Coliseum Theatre enrich the local community experience.

Oldham Mumps StationOldham Town CentreTesco SuperstoreOldham Coliseum TheatreAlexandra ParkOldham Sixth Form College+2
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

Good Opportunity
72/100
ChallengingModerateGoodExcellent
Strong rental demand from local professionals and students
Proximity to Manchester and good transport links
Moderate capital growth potential
Limited luxury features may affect high-end investor appeal

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
East-Facing Morning Sun
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 Good
Afternoon Low
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
AvailableNB0000027204
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 3
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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