1 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Leasehold
For sale by unconditional online auction.
* LANDLORDS / INVESTORS - DO NOT MISS OUT* RENTAL YIELD 10% £1450 PCM *
We are pleased to offer to the market by online public auction 348 Ashton Road, Oldham, which comprises as follows:
FLAT
GOOD LONG-TERM TENANT IN SITU* 30M2 * this one-bedroom flat located in an ideal location close to all local amenities and direct Manchester City Centre transport links. This property has been well maintained by the current landlord and would make an ideal purchase for any landlord to start their property portfolio and or to expand their current portfolio. The property briefly comprises, an open plan lounge & a modern fitted kitchen (15M2), a double bedroom, and shower room.
The property also benefits from double glazing and gas central heating. Perfectly located close to local amenities including a popular Tesco Express and public transport links.
COMMERCIAL PREMISES
The ground floor of the property is a trading cafe business, which is let on a three year lease commencing 14th April 2024 at a current rent of £800 pcm with provision for that to automatically increase on each anniversary of the lease at RPI + 5.9%. The premises are occupied by good reliable tenants.
The property has been priced attractively to encourage early initial interest.
Pre auction offers above the guide price will be considered and viewings are encouraged by serious prospective purchasers to appreciate the scope of the investment opportunity on offer.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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*DISCLAIMER
Property reference 273730. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Town & Country Property Auctions - Manchester.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on May 13, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on May 13, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.