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Do the numbers work? Rents and yields, the HMO planning rules, growth and what owners made, and the council's letting picture.
| Typical private rent in Oldham | A month | A year |
|---|---|---|
| All homes | £942 | £11,304 |
| 1 bedroom | £702 | £8,424 |
| 2 bedrooms | £879 | £10,548 |
| 3 bedrooms | £1,067 | £12,804 |
| 4+ bedrooms | £1,452 | £17,424 |
The council's typical rent against the typical home here (£181k): a gross yield of about 6.2%.
| Hathershaw | Oldham | England and Wales | |
|---|---|---|---|
| Housing allowance yield (%) | 3.4 | 3.7 | 3.2 |
| Rented privately | 21% | 18% | 20% |
| Homes ever let | 25% | 14% | 18% |
| Residents per home | 2.7 | 2.7 | 2.3 |
| Homes owned by companies | 17% | 6% | 4% |
| Homes bought by companies since 2021 | 129 | 21 | 34 |
ONS private rents (council, 2026-08); Local Housing Allowance (VOA). Gross yields are before costs, voids and tax.
HMO planning rules: unknown here. Oldham has not published HMO Article 4 areas to the national planning data platform, so we cannot tell whether HMOs need planning permission here. Ask the council's planning team.
| Hathershaw | Oldham | England and Wales | |
|---|---|---|---|
| Postcodes under an Article 4 direction | 0% | 0% | 16% |
planning.data.gov.uk (Article 4 directions). Whether one address is inside an HMO area is on its postcode's Investing page. HMO Article 4 map · About HMOs
| Hathershaw | Oldham | England and Wales | |
|---|---|---|---|
| Population change, 2021–2024 | +7% | +4% | +4% |
| Homes added, 2021–2024 | +1% | +1% | +3% |
| People added per new home, 2021–2024 | 12.1 | 11.1 | 5.1 |
| Housing pressure vs region | 1.5 | 0.1 | -0.3 |
Like-for-like (repeat-sales) index, HM Land Registry. What owners made when they sold, by area and how long they held.
MHCLG council tax base (England), Ministry of Justice repossessions, ONS short-term lets.
Yields, prices, growth, renting and Article 4 cover, side by side.
| Failsworth East | 5.8 | £188k | +92% | 25% | 0% |
|---|---|---|---|---|---|
| Failsworth West | 5.5 | £197k | +86% | 27% | 0% |
| Oldham Town North | 5.0 | £150k | +145% | 18% | 0% |
| Oldham Town South | 4.8 | £131k | +99% | 27% | 0% |
| Salem | 4.7 | £135k | +86% | 34% | 0% |
| Alexandra Park | 4.6 | £146k | +79% | 23% | 0% |
| Failsworth South | 4.3 | £266k | +92% | 12% | 0% |
| Werneth | 4.3 | £157k | +103% | 23% | 0% |
| Busk | 4.3 | £166k | +74% | 25% | 0% |
| Derker | 4.2 | £157k | +66% | 22% | 0% |
| Chadderton South East | 4.2 | £174k | +112% | 25% | 0% |
| Holt Lane End & Bardsley | 4.1 | £287k | +74% | 10% | 0% |
| Coppice | 4.0 | £171k | +70% | 23% | 0% |
| Waterhead | 4.0 | £176k | +88% | 17% | 0% |
| Alt | 3.6 | £184k | +76% | 13% | 0% |
| Royton South East | 3.6 | £210k | +86% | 19% | 0% |
| Chadderton South West | 3.5 | £216k | +95% | 17% | 0% |
| Lees & Hey | 3.5 | £213k | +61% | 17% | 0% |
| Chadderton Central | 3.5 | £211k | +82% | 15% | 0% |
| Hathershaw (this one) | 3.4 | £181k | +112% | 21% | 0% |
| Wood End | 3.4 | £196k | +71% | 21% | 0% |
| Lime Side & Garden Suburb | 3.2 | £210k | +99% | 12% | 0% |
| Clough & Shaw Side | 3.2 | £248k | +64% | 15% | 0% |
| Shaw & Crompton | 3.1 | £239k | +73% | 13% | 0% |
| Royton North | 3.0 | £234k | +89% | 11% | 0% |
| Moorside & Sholver | 3.0 | £231k | +82% | 12% | 0% |
| Royton South West | 3.0 | £237k | +80% | 11% | 0% |
| Chadderton North | 3.0 | £243k | +70% | 17% | 0% |
| Royton East & Cowlishaw | 2.7 | £245k | +74% | 16% | 0% |
| Middleton Junction | 2.6 | £289k | +73% | 10% | 0% |
| Springhead & Grasscroft | 2.4 | £289k | +75% | 13% | 0% |
| New Delph, Dobcross & Austerlands | 2.2 | £328k | +69% | 15% | 0% |
| Diggle, Delph & Denshaw | 2.0 | £363k | +62% | 12% | 0% |
| Greenfield & Uppermill | 2.0 | £350k | +68% | 12% | 0% |
Sort by any column; open a neighbourhood for the same view.
Deal calculator (buy-to-let, HMO, flip, BRRR) · Opportunity finder · What owners made · Councils compared · Strategy guides
Local Housing Allowance, Oldham and Rochdale rental area, 2026-27, a month: Shared room £345 · 1 bed £475 · 2 beds £578 · 3 beds £695 · 4 beds £950. The most a tenant on Universal Credit or Housing Benefit gets towards rent here, set at the cheapest 30% of local rents in 2023 and frozen since April 2024.
Gross LHA yields at this neighbourhood's 2025 prices: 2-bed vs terraced houses 4.65% · 3-bed vs semis 3.74%.