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Whiteacre Road, Ashton-under-lyne

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • TO BE SOLD UNDER AUCTION TERMS
  • GREAT BUY TO LET INVESTMENT
  • LUCRATIVE INVESTMENT IN GREAT LOCATION
  • EPC RATING - C

Description

TO BE SOLD BY ONLINE AUCTION ON 22ND – 23RD APRIL UNLESS SOLD PRIOR UNDER AUCTION TERMS.


189 Whiteacre Road, Ashton-under-Lyne


A fantastic opportunity to acquire a terraced property, currently tenanted and reportedly producing a rental income of £685 pcm, offering an immediate return for investors. Awaiting sight of AST. It has not yet been inspected by Edward Mellor but reported to comprise; Lounge, dining room, kitchen, two bedrooms with a dressing room and bathroom. Garden frontage and rear yard.

 

The property offers a great buy-to-let opportunity with an attractive yield from day one. The current rent is considered below market level, providing scope for future rental uplift and improved returns. Alternatively, should the property become vacant, it would also suit resale given the strong demand for homes in the area.

 

Situated in a popular residential area of Ashton-under-Lyne, it benefits from strong and consistent tenant demand, with convenient access to local amenities, schools and excellent transport links into Manchester and surrounding areas.


Here are some similar sold properties taken from Land Registry that highlight the potential:

245, Whiteacre Road, Ashton-under-lyne, OL6 9QB – 2 Bed terrace - £165,000 0.09 mi

8, New Lees Street, Ashton-under-lyne, OL6 8HB £156,500 Terraced 2 Bed 0.28 mi

227, Curzon Road, Ashton-under-lyne, OL6 9NB £160,000 Terraced 2 Bed 0.14 mi

Tenant ready property values in the area are in the region of £900pcm

EPC rating – C

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Whiteacre Road, Ashton-under-lyne

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About Edward Mellor Ltd, Auction

65-81 St Petersgate, Stockport SK1 1DS
Industry affiliations:

Edward Mellor is a well established company, founded in 1985 by the eponymous Edward Mellor with his first office in Reddish, Stockport. Over the years we are proud to have become Stockport and Tameside?s leading property services company. Our growth and success has been underpinned by investment in technical innovation and investment in our people and services.

Affordability

Monthly repayments£388
Property: £ 85,000
Deposit: £ 8,500
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference EM-167755. 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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