1-bedroom flat · OL6 6XF
Listing removedListed 362 days
Opportunity summary
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About
Spacious 1 Bed Apartment – Grey Street, Ashton-under-Lyne A well-maintained one-bedroom basement flat located in the heart of Ashton-under-Lyne.
Positioned within Camden House on Grey Street (OL6 6XF), this 365 ft² (34 m²) property features a modern kitchen/living area, a contemporary bathroom, and is offered for sale with vacant possession.
With an EPC rating of C and 116 years remaining on the lease, this low-maintenance flat is an ideal buy-to-let opportunity or affordable first-time purchase.
Please note, there is no allocated parking. For Investors Offered at £55,000 (approx. £150/ft²), the property presents a compelling investment opportunity in a high-demand rental area.
Estimated rental yields are strong given the low entry price and proximity to local amenities and transport.
The flat was built in 2018 and has a modern internal layout, requiring minimal immediate investment for letting. Leasehold with approx. 116 years remaining (lease ends June 2142).
Service charge approx. £974 per annum; ground rent £250 per annum. The OL6 6XF postcode shows a high proportion of rental properties (around 55%), supporting strong tenant demand.
Located near Manchester with excellent transport connections, increasing rental appeal.
Transport Links Ashton-under-Lyne Metrolink stop within walking distance – trams to Manchester city centre in under 30 minutes.
Ashton-under-Lyne railway station offers fast rail links to Manchester Victoria (approx. 11–14 minutes). Bus services from the local interchange cover Greater Manchester extensively. Approx.
6.2 miles east of Manchester city centre by road. No allocated parking included with this property. General Data Tenure: Leasehold (125 years from 1 June 2017 – lease ends 1 June 2142; approx.
116 years remaining) Floor area: Approx 365 ft² / 34 m² EPC rating: C (Current 72 / Potential 72) Council Tax Band: A (Tameside Metropolitan Borough Council) Plot size: 0.06 acres Service charge: £974 per annum (as advised) Ground rent: £250 per annum (as advised) Vacant possession No parking included
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
Area
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FAQ
About Flat 2, Camden House, Grey Street, Ashton-Under-Lyne
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