Wood Street, Bury, BL8 2QU, Bury
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
1
- SIZE
Ask agent
Key features
- TO BE SOLD BY ONLINE AUCTION
- GREAT INVESTMENT OPPORTINUTY
- TENANTED
- RENTAL POTENTIAL OF £12,000 APPROX
- POPULAR RESIDENTIAL LOCATION
Description
TO BE SOLD VIA ONLINE AUCTION ON 11TH - 12TH NOVEMBER UNLESS SOLD PRIOR UNDER AUCTION TERMS
100 Wood Street, Bury, BL8 2QU
An excellent opportunity for landlords and investors to acquire this traditional stone-built, two-bedroom terraced property, situated in a popular of Bury and offered for sale with a tenant in situ, providing an immediate rental income from completion.
The property is currently reported to generate £785 PCM (£9,420 per annum), offering an established income stream without the need to source a new tenant. Await copy of AST.
Of particular interest to investors is the potential for future rental growth, with comparable two-bedroom terraced properties in the surrounding area being marketed at higher rental levels in the region of £950pcm. This offers scope to review the current rental income in the future, subject to the tenancy arrangements, property condition and applicable legislation.
The property is reported to comprise a living room, kitchen, two first-floor bedrooms, bathroom and a third bedroom within the attic conversion, together with a yard to the rear.
The property occupies a convenient residential position within Elton, close to local shops, schools, supermarkets and everyday amenities. Bury town centre is also within easy reach, offering a wider range of shopping and leisure facilities together with Metrolink services connecting to Manchester.
With an existing tenant, immediate rental income and potential for future rental growth, this represents an attractive opportunity for investors looking to add to or expand their existing portfolio.
Here are some similar properties taken from Land Registry which have sold close by that highlight the potential:
92, Wood Street, Bury, BL8 2QU £220,000 Terraced 3 0.01 mi Sold - 10/07/2026
55, Newbold Street, Bury, BL8 2RR £197,500 Terraced 3 0.20 mi Sold - 22/07/2025
Tenant ready property rental values in the area are in the region of £950-£1000pcm
PLEASE NOTE: The property has not yet been internally inspected by Edward Mellor. Photographs have also been supplied by the vendor and are believed to have been taken prior to the commencement of the current tenancy. The property was previously sold as a three-bedroom dwelling; however, building regulations approval for the attic conversion has not been verified. Prospective purchasers should make their own enquiries.
- 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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- 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.
- Ask agent
Wood Street, Bury, BL8 2QU, Bury
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference EM-171409. 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.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.