Summary - 58 STEVENSON DRIVE OLDHAM OL1 4RS
3 bed 1 bath Terraced
Immediate rental income with long-term tenant in place and simple management appeal.
Freehold three-bedroom mid-terrace, approx. 829 sq ft
A three-bedroom mid-terrace on Stevenson Drive presented as a straightforward buy-to-let opportunity. The property is freehold, extends to around 829 sq ft and includes small front and rear gardens plus shared off-street parking. It currently produces a gross annual rental income of £7,800 with a long-term tenant in situ.
This house will suit investors seeking immediate income and simple management: tenants have paid reliably for several years and indicate no intention to vacate. The building is of solid post‑war brick construction, with a modern-styled living room and conventional two-storey layout that keeps maintenance and refurbishment options predictable.
Be clear about the material considerations: the area is classified as very deprived and local secondary schools have mixed or poor inspection outcomes, which may affect resale demand for owner-occupiers. A buyer’s premium will apply on completion. The plot is small and the property is average-sized, so scope for significant extension is limited without planning checks.
For investors this is a practical rental acquisition with immediate cashflow; for owner-occupiers or developers, factor in the neighbourhood profile, tenant situation and limited outdoor space when assessing long-term plans.
3 bedroom terraced house for sale in Granite Street, Oldham, OL1 — £135,000 • 3 bed • 1 bath • 689 ft²
3 bedroom terraced house for sale in Holly Grove, Oldham, Greater Manchester, OL4 — £180,000 • 3 bed • 1 bath • 904 ft²
3 bedroom terraced house for sale in Green Lane, Heywood, Greater Manchester, OL10 — £118,000 • 3 bed • 2 bath • 893 ft²
3 bedroom terraced house for sale in Rochdale Road, Bury, BL9 — £140,000 • 3 bed • 1 bath • 1012 ft²
2 bedroom terraced house for sale in Mellalieu Street, Oldham, Greater Manchester, OL2 — £121,000 • 2 bed • 1 bath • 786 ft²
3 bedroom terraced house for sale in Queens Park Road, Heywood, OL10 — £117,600 • 3 bed • 1 bath • 807 ft²
