2 bed Terraced House For Auction
Rear of 18 Market Street, Shaw OL2 8NH
£75,000
23 July 2025
GUIDE PRICE
AUCTION DATE
- House
- 2 Bedroom(s)
TO BE SOLD BY ONLINE AUCTION ON 23RD JULY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS AND CONDITIONS Rear Of, 18 Market Street, Shaw, OL2 8NH Tenanted terraced house comprising; lounge, kitchen, two bedrooms and bathroom. Courtyard. Currently let on an AST from March 2025 at £750 PCM, with an additional £100 PCM being paid for appliances for the first six months ? bringing the total monthly income to £850 PCM until September 2025. A fantastic chance to acquire a recently updated and well-maintained two-bedroom terraced property, currently tenanted and producing immediate rental income. The property benefits from internal improvements and is being kept in excellent condition by the current tenant, making it a low-maintenance, turnkey investment. Situated in the heart of Shaw, this location is highly desirable for both tenants and investors. Shaw is a thriving area within the Oldham Borough, offering excellent local amenities, a busy town centre, Metrolink access into Manchester, and proximity to the M62 for easy commuting. With strong tenant demand and competitive rental yields, this is a particularly attractive spot for landlords looking to expand their portfolio in a high-performing rental area. With immediate income and strong local market fundamentals, this is an ideal ready-made investment opportunity. Here are some similar properties which have sold close by that highlight the potential: 20, Duckworth Street, Oldham, OL2 8ET-Sold - 27/01/2025 £145,500 Terraced 2 beds 0.19 mi 26, Lyon Street, Oldham, OL2 7RU-Sold - 31/03/2025 £163,000 Terraced 2 beds 0.14 mi 87, Rochdale Road, Oldham, OL2 7JT-Sold - 07/02/2025 £160,000 Terraced 2 beds 0.16 mi Tenant ready property values in the area in the region of £900pcm. EPC rating ? D Important Information 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.
18 Market St, Shaw, OL2 8NH
Guide Price
£75,000
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.