10-12 Oldham Road, Ashton-under-Lyne, Lancashire, OL6 7ND

For sale by Online Auction - 12th of August 2026.

FOR SALE BY AUCTION.
EXCELLENT DEVELOPMENT OPPORTUNITY.
COMMERCIAL BUILDING WITH PLANNING FOR CONVERSION TO A 9 BED HMO.
GDV c£555,000.
PLANNING DOCUMENTS AND RICS SURVEY AVAIALBLE WITHIN THE LEGAL PACK.

Description
1012 Oldham Road, Ashton-under-Lyne, Greater Manchester OL6 7ND.

Commercial Building with Planning Consent for Conversion to a 9 Bed HMO (Use Class: Sui Generis) including the provision of a first-floor extension and associated external alterations (Tameside Metropolitan Borough Council 24/00337/FUL).

This property represents an excellent value-add opportunity for developers, landlords and investors looking to create a high-yielding HMO asset in an established residential and commercial location with excellent transport links into Manchester.

A rare opportunity to acquire a substantial freehold commercial property occupying a prominent position on the busy Oldham Road (A627), just a short walk from Ashton-under-Lyne town centre.

The property benefits from planning consent for conversion into a Nine-bedroom House in Multiple Occupation (HMO), offering an excellent opportunity for investors and developers seeking to capitalise on the strong demand for quality shared accommodation within Greater Manchester.

The building offers excellent scope for refurbishment and value enhancement, making it an attractive addition to any investment portfolio.

Location

The property occupies a highly visible position on Oldham Road, one of the principal arterial routes linking Ashton-under-Lyne with Oldham and Manchester.

Ashton-under-Lyne town centre is within walking distance and provides an extensive range of retail, leisure and banking facilities together with Ashton Market.

Transport links are excellent, with:

Ashton-under-Lyne Bus Station approximately 0.5 miles

Ashton-under-Lyne Railway Station approximately 0.7 miles

Ashton Metrolink providing direct services into Manchester City Centre

Junction 23 of the M60 motorway approximately 3 miles away

Easy access to the M67 motorway and wider Greater Manchester road network

The location is well positioned to attract working professionals employed throughout Tameside, Oldham and Manchester, together with NHS staff and contractors requiring high-quality accommodation.

Planning

The property is offered with planning consent for conversion to a nine-bedroom HMO and extension and alterations to the first floor (subject to purchaser verification).

Interested parties should make their own enquiries with Tameside Metropolitan Borough Council regarding the planning consent and any associated conditions. The RICS survey has been prepared for the benefit of the vendor.

Investment Potential

HMOs continue to demonstrate resilient demand throughout Greater Manchester due to rising rental values and a shortage of quality shared accommodation.

The property is located within an Article 4 area which restricts further HMO developments. This property already has consent for conversion and change of use which obviates the requirement to apply for planning, thus saving considerable cost.

Based upon current local market evidence, modern ensuite HMO rooms in Ashton-under-Lyne typically achieve:

£650£750 PCM per room (inclusive of bills)


Further details available within the legal pack.

Viewings can be arranged for serious prospective purchasers by prior appointment with the auctioneer.

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 3%+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.