FOR SALE BY LIVE STREAM AUCTION ON TUESDAY 21ST OCTOBER 2025 AT 12PM.
* GUIDE PRICE £82,000+
Attention landlords and investors!
A mixed-use investment property comprising a ground floor retail unit together with a self-contained one-bedroom flat to the first floor producing an annual income of £13,200 and giving over 14% Gross Yield.
To the rear of the ground floor there is potential for further development, subject to obtaining the necessary planning consents.
The property occupies a prominent position on Hollins Road, close to local shops, amenities and transport links providing easy access to Oldham town centre and Manchester.
Ground Floor: Retail unit with shop front, WC & kitchen area.
First Floor: One-bedroom flat with private side entrance, comprising lounge, kitchen, double bedroom and shower room.
Both elements are currently let and producing a total income of £13,200 per annum.
Outside: Spacious rear yard area with access towards Copster Hill.
Interested parties should be aware that the property has suffered from some structural movement and buyers are advised to do their own research in this regard.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Auction House - Oldham. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House - Oldham for full details and further information.