Sold STC Terraced

29 MAGPIE LANE

OLDHAM, GREATER MANCHESTER OL4 5PB

2 beds 1 baths 581 sq ft Listed 25 Jun 2025 (-353d)

£180,000

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Property photo

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Property details

Tenure

FREEHOLD

Floor area

54 m²

Council tax band

A

EPC rating

D

Year built

England and Wales: 1983-1990

Last sold

£175,000 Nov 2025

Price per m²

£3,333/m²

Local average

£160,678 (+12%)

Deprivation

Decile 1 (199 of 33,755)

Street crime

0 incidents within 1 mile (Apr 2026)

Key features

  • Fully refurbished mid mews property – move-in ready!
  • Two good-sized bedrooms with fresh decor.
  • Stylish open-plan kitchen/living/dining space.
  • Modern shower room – recently fitted with quality finishes.
  • Integrated appliances including fridge, freezer & washing machine.
  • Breakfast bar – perfect for casual dining or coffee breaks.
  • Spacious rear garden with lawn and patio – ideal for entertaining.
  • Off-road parking via a private driveway.
  • Offered with NO VENDOR CHAIN – quick & easy move!
  • Freehold property in Council Tax Band A – affordable living.

Additional details

Accessibility
Level access
Parking
Driveway
Garden
Private garden
Listed property
No

Description

Welcome to this beautifully presented two-bedroom mid mews home, fully refurbished and offered for sale with no vendor chain — perfect for buyers looking for a hassle-free move!
Step inside through the entrance porch and into a bright and modern open plan lounge, dining and kitchen area, complete with integrated appliances including an under-counter fridge and freezer, washing machine, electric oven and gas hob. The stylish kitchen boasts a range of contemporary wall, base and drawer units, finished with complementary work surfaces and a handy breakfast bar, making it a great space to entertain or unwind.
Upstairs, you'll find two generously sized bedrooms, ideal for a couple, small family, or those needing a guest room or home office. The newly fitted shower room is sleek and elegant, designed with comfort and style in mind.
Outside, the home continues to impress — there's a driveway to the front providing off-road parking, and to the rear, a good-sized lawned garden with paved patio areas, ideal for al fresco dining or soaking up the sun.
With Council Tax Band A, Freehold tenure, and EPC Rating D, this is a fantastic opportunity to snap up a property that’s had all the hard work done for you!

Listed by

Hyde

Pineline Sales Ltd

Reference: 163781831

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 22/03/2019

Expiry date: 21/03/2029

Current heating cost: £427/year

Potential heating cost: £418/year

Recommendations

  • Floor insulation (solid floor) (6,000)
  • Low energy lighting for all fixed outlets (10)
  • Solar water heating (6,000)
  • Solar photovoltaic panels, 2.5 kWp (8,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Sold 14/11/2025 (6 months ago) £175,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 11 MAGPIE LANE, OLDHAM, GREATER MANCHESTER, OL4 5PB £131,131 08/12/2023 Semi-detached
19 WOOD CRESCENT, OLDHAM, GREATER MANCHESTER, OL4 5PQ £185,000 24/11/2023 Terraced
4 CHAFFINCH CLOSE, OLDHAM, GREATER MANCHESTER, OL4 5PD £140,000 10/11/2023 Terraced
29 FAIRWAY ROAD, OLDHAM, GREATER MANCHESTER, OL4 5QE £142,000 08/09/2023 Terraced
Same street 36 MAGPIE LANE, OLDHAM, GREATER MANCHESTER, OL4 5PB £115,000 05/09/2023 Semi-detached
Same street 3 MAGPIE LANE, OLDHAM, GREATER MANCHESTER, OL4 5PB £195,000 02/12/2022 Semi-detached
19 FAIRWAY ROAD, OLDHAM, GREATER MANCHESTER, OL4 5QE £140,000 04/11/2022 Terraced
Same street 9 MAGPIE LANE, OLDHAM, GREATER MANCHESTER, OL4 5PB £179,500 26/08/2022 Semi-detached
17 FAIRWAY ROAD, OLDHAM, GREATER MANCHESTER, OL4 5QE £110,000 11/08/2022 Terraced
HOPKIN MILL COTTAGES 1 SUNNY BANK, LEES, OLDHAM, GREATER MANCHESTER, OL4 5DD £200,000 15/07/2022 Terraced
36 LAVENDER ROAD, OLDHAM, GREATER MANCHESTER, OL4 5NY £122,600 13/07/2022 Terraced
23 HOLTS LANE, OLDHAM, GREATER MANCHESTER, OL4 5NJ £94,000 27/05/2022 Terraced
Same street 30 MAGPIE LANE, OLDHAM, GREATER MANCHESTER, OL4 5PB £142,000 27/01/2022 Semi-detached
55 COVERT ROAD, OLDHAM, GREATER MANCHESTER, OL4 5PH £180,500 22/12/2021 Terraced
128 WILDMOOR AVENUE, OLDHAM, GREATER MANCHESTER, OL4 5NU £104,000 30/11/2021 Terraced
1 HOLTS LANE, OLDHAM, GREATER MANCHESTER, OL4 5NJ £135,000 12/11/2021 Terraced
15 HOLTS LANE, OLDHAM, GREATER MANCHESTER, OL4 5NJ £167,000 10/11/2021 Terraced
HOPKIN MILL COTTAGES 3 SUNNY BANK, LEES, OLDHAM, GREATER MANCHESTER, OL4 5DD £157,500 10/08/2021 Terraced
128 WILDMOOR AVENUE, OLDHAM, GREATER MANCHESTER, OL4 5NU £67,841 18/06/2021 Terraced

Street average: £152,526 (5 sales)

Area average: £138,960 (14 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 30%
10y growth 78.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Oldham. Series: Terraced. As of March 2026.

1y (index) 1.1%
5y (index) 34.6%
10y (index) 92.3%

Rental Range

Estimated market rent for Oldham. Low = conservative, Realistic = average, Optimistic = best case.

Low £824/mo
Realistic £915/mo
Optimistic £1,007/mo

Based on Local Authority from postcode lookup → Oldham.

LHA (30th percentile) floor for Oldham & Rochdale: £576/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View OL4 5PB

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Wildmoor Avenue/Rowden Road 0.1 miles
Bus stop Holts, Wildmoor Avenue / near Rowden Road 0.1 miles
Shop Unknown 0.2 miles
Shop Lees DIY Centre 0.5 miles
Train station Mossley 1.8 miles
Hospital All Saints Hospital 2.2 miles
Hospital The Christie at Oldham 2.4 miles
Train station Greenfield 2.6 miles
University UK Management College 5.4 miles
University UCEN Manchester (City Campus) 7.5 miles

Street-level crime

Category Count
Total incidents 0

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
St Hugh's CofE Primary School Primary 0.1 miles Good — 21 May 2023
Alt Academy Primary 0.3 miles Good — 4 Oct 2017
Oasis Academy Leesbrook Secondary 0.4 miles Good — 7 Mar 2023
St Thomas' Leesfield CofE Primary School Primary 0.5 miles Good — 31 Jan 2013
Roundthorn Primary Academy Primary 0.5 miles Good — 31 Jan 2024

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Terraced House, Magpie Lane, OL4 £900/mo 2 0.01 miles OpenRent
2 Bed Flat, Lees, OL4 £895/mo 2 0.56 miles OpenRent
2 Bed Terraced House, Fulham Street, OL4 £875/mo 2 0.7 miles OpenRent
2 Bed Terraced House, Huxley St, OL4 £900/mo 2 0.71 miles OpenRent

Average rent: £893/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 6.9% gross yield avg £156,272 sale, £900/mo rent
Rent ratio 0.5%
Max investor price (0.8%) £112,250
Target investor price (1%) £89,800
Gross yield 6%
Cost-to-rent ratio 16.7×
Monthly cashflow £74/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 1.7%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).