Modern Method of Auction
Auction date not yet published
1-bedroom house · OL6 8PN
Sold STCListed 116 days
Opportunity summary
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About
* FOR SALE BY MODERN METHOD OF AUCTION * One bedroom mid terraced property. In need of full refurbishment. Briefly comprises; entrance vestibule, lounge, and kitchen to the ground floor.
One bedrooms and bathroom to the first floor. This property is situated in a popular location, close to schools, amenities and transport links.
Vestibule - uPVC front door, door leading to: Reception Room - 3.66m x 4.88m (12' x 16' ) - uPVC double glazed window, gas central heating radiator, door leading to kitchen, stairs leading to first floor.
Kitchen - 2.13m x 2.74m (7' x 9' ) - uPVC double glazed window, a range of wall mounted base units, gas hob, stainless steel sink with mixer tap, tiled, door leading to storm porch.
Storm Porch - 1.22m x 2.74m (4' x 9' ) - uPVC double glazed window, uPVC door leading to rear garden.
Landing - Doors leading to: Bedroom - 3.66m x 3.66m (12' x 12' ) - uPVC double glazed window, storage cupboard.
Bathroom - 2.13m x 2.74m (7' x 9' ) - uPVC double glazed window, walk in shower unit, low level WC, wash hand basin, part tiled. Externally - Paved rear garden.
Auctioneer Comments - 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 4.5% 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.
Referral Arrangements - Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Value & comps
No previous sales on record.
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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
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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
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FAQ
About Smallshaw Lane, Ashton-Under-Lyne
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