2 bed Terraced House For Auction

TO BE SOLD BY ONLINE AUCTION ON 22ND – 23RD APRIL UNLESS SOLD PRIOR UNDER AUCTION TERMS.189 Whiteacre Road, Ashton-under-LyneA fantastic opportunity to acquire a terraced property, currently tenanted and reportedly producing a rental income of £685 pcm, offering an immediate return for investors. Awaiting sight of AST. It has not yet been inspected by Edward Mellor but reported to comprise; Lounge, dining room, kitchen, two bedrooms with a dressing room and bathroom. Garden frontage and rear yard. The property offers a great buy-to-let opportunity with an attractive yield from day one. The current rent is considered below market level, providing scope for future rental uplift and improved returns. Alternatively, should the property become vacant, it would also suit resale given the strong demand for homes in the area. Situated in a popular residential area of Ashton-under-Lyne, it benefits from strong and consistent tenant demand, with convenient access to local amenities, schools and excellent transport links into Manchester and surrounding areas.Here are some similar sold properties taken from Land Registry that highlight the potential:245, Whiteacre Road, Ashton-under-lyne, OL6 9QB – 2 Bed terrace - £165,000 0.09 mi8, New Lees Street, Ashton-under-lyne, OL6 8HB £156,500 Terraced 2 Bed 0.28 mi227, Curzon Road, Ashton-under-lyne, OL6 9NB £160,000 Terraced 2 Bed 0.14 miTenant ready property values in the area are in the region of £900pcmEPC rating – C