
Malone House Basement and Ground Rents, Oldham
- PROPERTY TYPE
Commercial Development
- SIZE
Ask agent
Key features
- TO BE SOLD UNDER AUCTION TERMS
- GREAT INVESTMENT OPPORTINUTY
- 5 FREEHOLD GROUND RENTS & CELLAR
- GREAT RETURN
Description
TO BE SOLD BY ONLINE AUCTION ON 13TH AUGUST 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS AND CONDITIONS
Malone House Basement, 4x Ground Rents and 1x ground rent of 73F Talbot road, Hyde
This opportunity comprises five freehold ground rent investments secured against five separate leasehold titles. The portfolio includes a ground rent of £250 per annum from 73F Talbot Road in Hyde, alongside four ground rents of £100 per annum each from Malone House on Warrington Street.
In addition to the ground rents, the offering includes a vacant cellar with its own roadside access and presents potential for conversion or additional income, subject to obtaining the necessary permissions and consents. The properties are not for sale. Refer to the online legal pack for the full title information.
With secure returns already in place and the opportunity to enhance income, this lot represents a straightforward and appealing investment proposition.
Malone House Basement and Ground Rents, Oldham
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Oldham Mumps Station1.2 miles
- Derker Tram Stop1.5 miles
- Mossley Station2.0 miles
Notes
Disclaimer - Property reference EM-163565. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Edward Mellor Ltd, Auction. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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 Edward Mellor Ltd, Auction on 0161 524 2443.
*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.
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