1 bed Ground Floor Flat For Auction
Margaret Street, Ashton under Lyne OL6 7RF
£48,000 23 July 2025
GUIDE PRICE AUCTION DATE
  • Flat
  • 1 Bedroom(s)
TO BE SOLD BY ONLINE AUCTION ON 23RD JULY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS AND CONDITIONS 89A Margaret Street, Ashton-under-Lyne, OL6 7RF Tenanted ground floor flat comprising; lounge, kitchen, one bedroom and bathroom. Currently let on a fixed AST until August 2025 at £595pcm, it presents an attractive annual income of £7,140, representing a strong yield of 13% at the current guide price. A well-presented ground floor flat, ideally located within easy reach of Ashton town centre, offering easy access to a range of local shops, supermarkets, and amenities. The nearby Ashton Moss Retail Park and Tameside Hospital also add to the appeal for both tenants and investors. The area is well served by excellent transport links, including Ashton-under-Lyne tram and train stations, providing quick connections into Manchester city centre and beyond. Junctions to the M60 and M62 motorways are just a short drive away, making it ideal for commuting. This is a great opportunity for investors seeking a hassle-free, income-generating property in a popular rental location. Here are some similar properties which have sold close by that highlight the potential: Flat 16, 2, Grey Street, OL6 6XF-Sold - 21/02/2025 £75,000 Flat 1 beds 0.55 mi 49, Welbeck Street South, OL7 0QJ-Sold - 13/12/2024 £84,000 Flat 0.14 mi 34, Boatmans Walk, OL7 0QF-Sold - 21/10/2024 £80,000 Flat 0.15 mi Tenant ready property values in the area in the region of £600pcm. EPC rating ? C Important Information Tenure: Leasehold Notice Before buying at Auction, it is essential that you read our Notice to Prospective Buyers and the Common Auction Conditions. You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team. You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.
Margaret St, OL6
Guide Price
£48,000
Auction Date
23 Jul 2025
Auctioneer
Edward Mellor
Edward Mellor
Borough Chambers, 1 St Petersgate, Stockport, Cheshire, SK1 1EB
0161 826 4740
About Edward Mellor

Although the COVID-19 outbreak has put a lot of things on hold, their auctions aren’t one of them. They are committed to taking care of their clients, colleagues and communities during this difficult time – which is why they have moved our auction online. Taking part couldn’t be easier, take a look at our 4 step guide below! they have also put together a detailed guide for their online auction.