3-bedroom terraced house · OL11 3AQ
Listing removedListed 182 days
Opportunity summary
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About
FOR SALE VIA TRADITIONAL AUCTIONFor Sale by Modern Method of Auction.
Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold LimitedThis method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor.
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.This property has a Buyer Information Pack which is a collection of documents in relation to the property.
The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.
A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.Located within walking distance of Castleton train station, this EXTENDED MID-TERRACED HOUSE boasting spacious living accommodation.
The property is also on the doorstep of good local schools and conveniently situated only half a mile from access to the M62, the property also has excellent, local transport links including bus routes that help give easy access to Rochdale town centre and beyond.Internally, the extended property offers ideal first time buyer living accommodation whilst briefly comprising of an entrance hall, TWO RECEPTION ROOMS, kitchen, TWO / THREE BEDROOMS (storage room which is currently being utilised as a bedroom), attic room, shower room and cellar.
The property benefits from having gas central heating and upvc double glazing throughout.There is a yard to the rear of the property.
GROUND FLOOR Lounge 13' 9'' x 13' 2'' (4.18m x 4.02m) Large Room Dining Room 13' 0'' x 11' 2'' (3.95m x 3.41m) Another spacious room with stairs leading to upstairs and to the basement Kitchen 6' 5'' x 9' 5'' (1.96m x 2.87m) Fitted with a range of storage units, gas hob, electric oven and a sink unit FIRST FLOOR Landing 8' 9'' x 5' 10'' (2.66m x 1.77m) Stairs to attic room Bedroom One 13' 2'' x 6' 8'' (4.02m x 2.04m) Double room Bedroom Two 6' 8'' x 10' 2'' (2.04m x 3.1m) Single room Storage Room / Bedroom Three 10' 0'' x 8' 5'' (3.06m x 2.57m) Currently being used as a double bedroom Shower Room 4' 2'' x 6' 5'' (1.26m x 1.96m) Three piece suite comprising of wc, wash hand basin and enclosed shower SECOND FLOOR Attic Room 9' 4'' x 13' 9'' (2.85m x 4.18m) Currently being used as a bedroom with storage into eaves Heating Gas central heating and UPVC double glazing External There is a yard to the rear of the property Additional Information Tenure - Leasehold EPC Rating - D Council Tax Band - A
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
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FAQ
About MANCHESTER ROAD, Castleton, Rochdale, OL11 3AQ
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