Studio flat for saleAshton Road, Oldham, OL8
FOR SALE BY AUCTION ON 7TH FEBRUARY 2017 AT THE ETIHAD STADIUM, MANCHESTER CITY FC AT 2PM *GUIDE PRICE £55,000 - £65,000. Investment Property of Two Self Contained, One Bedroomed Flats Producing a Gross Income of £6,240pa (£120pw). A great rental investment opportunity!! Situated in a popular and convenient location, close to Oldham Town Centre and local amenities. Whilst we have not yet had sight of any documentation we have been advised that the property has long term tenants in situ (7 years and 15 years) who are holding over under Assured Shorthold Tenancies, yielding a total rental income of £6,240pa, . Rentals inclusive of water rates. The ground floor flat comprises communal entrance hall, lounge, kitchen/bedroom, bathroom and rear hall. The first floor flat is accessed via the communal entrance and comprises landing, lounge, bedroom, bathroom and a kitchen. The property benefits from partial double glazing. EPC: Flat G: Rating D - Flat F: Rating E. *Guides are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Manchester on 0161 925 3254.
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