# 1 bedroom terraced house for sale (OL9 9UE) ## Property Details | Key | Value | |-----|-------| | Address | 34 RAVENWOOD, OLDHAM, CHADDERTON, GREATER MANCHESTER OL9 9UE | | Price | £140,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | A | | Last sold | £140,000 Mar 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** B - **Expiry date:** 17/10/2026 - **Current heating cost:** £392/year - **Est. upgrade cost to C:** £15,335 ### Recommendations - A (£100 - £350) - W1 (£800 - £1,200) - E (£10) - I (£2,200 - £3,000) - N (£4,000 - £6,000) - U (£5,000 - £8,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9544-2878-7902-9996-2421) ## Description A beautifully refurbished home in the sought-after Firwood Park development, featuring modern upgrades throughout, a landscaped garden backing onto Rochdale canal, and excellent transport links—ideal for first-time buyers and investors. EPC - D Ryder & Dutton are thrilled to present this beautifully refurbished home for sale, located in the highly sought-after Firwood Park development. The property has been extensively modernized to an exceptional standard, making it an ideal choice for buyers seeking a move-in-ready home. Since purchasing, the current owner has made significant improvements, including the installation of a new boiler and radiators throughout, a stylish modern kitchen with integrated appliances, a fully tiled bathroom suite with a heated towel radiator, a composite front door, new internal doors, and fitted wardrobes. Additionally, a new alarm system has been installed for added security. The entire house has undergone a complete transformation with fresh plastering, redecorating, new carpeting, skirting boards, and upgraded flooring. Inside, the layout features a welcoming entrance hall, a modern kitchen, and a cozy lounge with patio doors leading to the rear garden. Upstairs, you'll find a spacious double bedroom with fitted wardrobes and a contemporary bathroom. Externally, a recently paved driveway at the front provides off-road parking. To the rear, a beautifully landscaped garden offers a blend of patio space and artificial grass, backing onto the peaceful Rochdale canal, perfect for relaxation or entertaining. This home is ideal for first-time buyers and investors alike. The area is well-served by highly regarded schools, shops, and supermarkets, all within easy reach. Excellent transport links, including Mills Hill train station just a 10-minute walk away and the M62/M60 motorways a 5-minute drive, add to the property's convenience and accessibility. This is a rare and exciting opportunity. Viewings are highly recommended! ## Property Photos - ![External](/listings/photos/153825842/1646330) - External - ![External](/listings/photos/153825842/1646331) - External - ![External](/listings/photos/153825842/1646332) - External - ![Lounge](/listings/photos/153825842/1646333) - Lounge - ![Lounge](/listings/photos/153825842/1646334) - Lounge - ![Lounge](/listings/photos/153825842/1646335) - Lounge - ![Kitchen](/listings/photos/153825842/1646336) - Kitchen - ![Kitchen](/listings/photos/153825842/1646337) - Kitchen - ![Kitchen](/listings/photos/153825842/1646338) - Kitchen - ![Landing](/listings/photos/153825842/1646339) - Landing - ![Bedroom 1](/listings/photos/153825842/1646340) - Bedroom 1 - ![Bedroom 1](/listings/photos/153825842/1646341) - Bedroom 1 - ![Bathroom](/listings/photos/153825842/1646342) - Bathroom - ![External](/listings/photos/153825842/1646343) - External - ![External](/listings/photos/153825842/1646344) - External - ![External](/listings/photos/153825842/1646345) - External ## Floorplans - ![Floorplan](/listings/photos/153825842/1646346) - Floorplan ## EPC Graphs - ![EPC Rating Graph](/listings/photos/153825842/1646347) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 34 RAVENWOOD, CHADDERTON, OLDHAM, GREATER MANCHESTER, OL9 9UE | £140,000 | 21/03/2025 | Terraced | | 34 RAVENWOOD, CHADDERTON, OLDHAM, GREATER MANCHESTER, OL9 9UE | £75,000 | 04/05/2018 | Terraced | | 34 RAVENWOOD, CHADDERTON, OLDHAM, GREATER MANCHESTER, OL9 9UE | £41,950 | 26/07/2002 | Terraced | | 34 RAVENWOOD, CHADDERTON, OLDHAM, GREATER MANCHESTER, OL9 9UE | £31,500 | 09/09/1998 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 53 REDWOOD, CHADDERTON, OLDHAM, GREATER MANCHESTER, OL9 9TG | £125,000 | 05/12/2025 | Terraced | | 19 FERN CLOSE, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 2FZ | £160,000 | 06/10/2023 | Terraced | | 6 VIOLET WAY, MIDDLETON, MANCHESTER, OLDHAM, GREATER MANCHESTER, M24 2TE | £215,000 | 06/09/2023 | Terraced | | 4 VIOLET WAY, MIDDLETON, MANCHESTER, OLDHAM, GREATER MANCHESTER, M24 2TE | £150,000 | 31/08/2023 | Terraced | | 84 GREENHILL ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 2BB | £130,000 | 05/04/2023 | Terraced | | 62 REDWOOD, CHADDERTON, OLDHAM, GREATER MANCHESTER, OL9 9TG | £114,000 | 23/01/2023 | Terraced | | [Same street] 16 RAVENWOOD, CHADDERTON, OLDHAM, GREATER MANCHESTER, OL9 9UE | £307,500 | 02/12/2022 | Semi-detached | | 35 SMETHURST STREET, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 2BA | £170,000 | 17/10/2022 | Terraced | | 7 BISHOP STREET, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 2SE | £75,000 | 31/08/2022 | Terraced | | 12 COWPER STREET, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 2FE | £100,000 | 09/08/2022 | Terraced | | 43 SMETHURST STREET, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 2BA | £130,000 | 08/08/2022 | Terraced | | 3 BISHOP STREET, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 2SE | £155,000 | 24/06/2022 | Terraced | | 61 GREENHILL ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 2BB | £160,000 | 24/06/2022 | Terraced | | 7 FERN CLOSE, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 2FZ | £126,500 | 16/06/2022 | Terraced | | 39 MILLS HILL ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 2EF | £139,250 | 01/06/2022 | Terraced | | 3 MILLS HILL ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 2EF | £127,000 | 25/02/2022 | Terraced | | 70 REDWOOD, CHADDERTON, OLDHAM, GREATER MANCHESTER, OL9 9TG | £110,000 | 21/12/2021 | Terraced | | 59 GREENHILL ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 2BB | £143,000 | 08/11/2021 | Terraced | | [Same street] 39 RAVENWOOD, CHADDERTON, OLDHAM, GREATER MANCHESTER, OL9 9UE | £160,000 | 22/10/2021 | Semi-detached | | 80 GREENHILL ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 2BB | £150,000 | 22/10/2021 | Terraced | | 2 VIOLET WAY, MIDDLETON, MANCHESTER, OLDHAM, GREATER MANCHESTER, M24 2TE | £151,000 | 17/09/2021 | Terraced | | 13 MILLS HILL ROAD, MIDDLETON, MANCHESTER, ROCHDALE, GREATER MANCHESTER, M24 2EF | £140,500 | 03/09/2021 | Terraced | **Street average:** £233,750 (2 sales) **Area average:** £138,563 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £160,320 (56 Terraced, OL9, 2024–2026) - **Deviation:** -12.7% ## Rental Range *ONS Price Index of Private Rents (Oldham). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £829/mo - **Realistic:** £921/mo - **Optimistic:** £1,013/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Oldham & Rochdale (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £474/mo ## 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 | |------|------|------|------|------| | 1 Bed Terraced House, Ravenwood, OL9 | £850/mo | 1 | 0.01 miles | OpenRent | **Average rent: £850/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.61% (weak for cashflow) - **Max investor price (0.8%):** £106,250 - **Target investor price (1%):** £85,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £850/mo).* - **Gross yield:** 7.3% - **Cost-to-rent:** 13.7× - **Monthly cashflow:** £189/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 5.6% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).* ## Price per Square Metre - **£/m²:** £3,684/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 29.3% - **10y growth:** 66.4% ## House Price Index (HM Land Registry) *Official index for Oldham; Terraced series; as of April 2026.* - **1y growth (index):** 4.2% - **5y growth (index):** 35.4% - **10y growth (index):** 94.8% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)