2 bed Terraced House For Auction

TO BE SOLD BY ONLINE AUCTION ON 13th – 14th MAY UNLESS SOLD PRIOR UNDER AUCTION TERMS.

78 Tower Street Heywood OL10 3AD

An excellent opportunity to acquire a vacant mid-terrace property located within a well-established residential area of Heywood. In brief it comprises; lounge, dining room, kitchen, two bedrooms and bathroom. Rear yard. The property is ready for immediate occupation or letting, making it an ideal purchase for both investors and owner occupiers. Based on current market conditions, the property has the potential to achieve a rental income in excess of £900 per calendar month, reflecting an attractive gross yield of approximately 15% based on the guide price. It is conveniently positioned close to local amenities, schools and transport links, with easy access to Heywood town centre and surrounding areas, supporting strong and consistent tenant demand. In addition to its rental appeal, the property also offers excellent resale potential, making it suitable for those looking to refurbish, re-let or resell for profit in a popular residential location. An ideal addition to any portfolio, or a great opportunity for those looking to secure a well-located property with both strong income and capital growth potential.Here are some similar sold properties taken from Land Registry that highlight the potential: 71, High Street, Heywood, OL10 3BU £151,000 Terraced 2 bed 0.12 mi46, Grosvenor Street, Heywood, OL10 3AE £140,000 Terraced 2 bed 0.04 mi67, Wilton Street, Heywood, OL10 3EW £136,000 Terraced 2 bed 0.01 miTenant ready property values in the area are in the region of £900pcm EPC rating – D. Sold as seen.