2 bedroom semi-detached bungalow
Key information
Features and description
- Tenure: Freehold
- To be sold under auction terms
- Renovate and re sell
- Lucrative investment in great location
- Pleasant cul de sac
- Potential yeild over 9% based on today guide
TO BE SOLD BY ONLINE AUCTION ON 23RD OCTOBER 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
10, Merton Grove, Chadderton, Oldham, OL9 9PQ
A true bungalow comprising; entrance hall, lounge, kitchen, two double bedrooms and a bathroom. Front and rear gardens. Sold as seen.
Whether you’re looking for a property to develop and sell on, a lucrative buy to let investment or for a canvas to create your next home, this two bedroom bungalow on a pleasant cul de sac in a popular residential area is not one to miss!
Whilst it requires some modernisation, it presents investors or home buyers with a fantastic opportunity, being the lowest priced properties of this style in the area.
Here are a handful of similar properties which have sold close by which highlight the potential:
Merton Grove, Chadderton, Oldham, SSTC - 06/06/2024 £210,000 Bungalow 2 beds
72, Teasdale Close, Oldham, OL9 8AS-Sold - 01/12/2023 £200,000 Bungalow 2 beds 0.39 mi
6, Teasdale Close, Oldham, OL9 8AS- Sold - 18/08/2023 £195,000 Semi-Detached 2 beds
Similar properties in the area achieve in the region of £1000 pcm which is an impressive 9% yield based on todays guide price.
The property is well-served by a wide range of amenities, schools, and excellent transport links with easy access to the M60 motorway and Moston station is just around the corner with trains into Manchester city centre within 10mins approx. . The highly-rated St. Margaret Mary's RC Primary School is within half a mile, along with several other primary and secondary schools and Broadway offers convenient routes towards Oldham, Failsworth, and beyond.
EPC ON ORDER