Modern Method of Auction
Auction date not yet published
1-bedroom house · OL1 1TD
For saleListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Upon entering the apartment, you are welcomed into a spacious hallway which provides access to all rooms and includes a useful storage cupboard, ideal for coats, household items and additional storage.
The heart of the home is the bright and spacious open-plan kitchen and dining area, providing a versatile living space perfect for modern lifestyles.
The fitted kitchen offers a range of wall and base units with ample worktop space and integrated cooking facilities, while the dining and living area provides plenty of room for relaxing, entertaining guests or enjoying everyday meals.
Large windows allow natural light to flood the room, creating a bright and welcoming atmosphere.
The double bedroom is well-proportioned and offers ample space for a double bed, wardrobes and additional bedroom furniture, creating a comfortable and peaceful retreat.
Completing the accommodation is a contemporary bathroom fitted with a modern three-piece suite, providing a stylish and practical space for everyday use.
The apartment is located on the first floor and benefits from lift access, making it easily accessible for residents and visitors alike.
The development is well maintained and offers secure communal areas, providing peace of mind and convenience.
Positioned in a central Oldham location, the property is within walking distance of a wide range of shops, supermarkets, cafés, restaurants and leisure facilities.
Excellent transport links, including nearby Metrolink services, bus routes and road networks, provide easy access to Manchester city centre and the surrounding areas, making this an ideal home for commuters.
Offered with no onward chain, this spacious first floor apartment presents a fantastic opportunity to purchase a low-maintenance home in a highly convenient location.
Whether you are taking your first step onto the property ladder, expanding your investment portfolio or looking for an easy-to-maintain home, early viewing is highly recommended.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`).
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £ 349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £ 450.00.
These services are optional. Anti-money laundering: Should a purchaser have an offer accepted, they will need to meet our legal requirements under Anti Money Laundering Regulations (aml).
We use a specialist third-party service to verify your information and the cost of these checks is £30 per person, which is paid in advance, when an offer is agreed and prior to a memorandum of sale being produced.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About Apartment 2, The Victory, 165 Union Street, Oldham
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