3-bedroom terraced house · OL5 9HH
Listing removedListed 96 daysAuction 7 Jul · ended
Opportunity summary
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About
TO BE SOLD BY ONLINE AUCTION ON 22nd – 23rd JULY UNLESS SOLD PRIOR UNDER AUCTION TERMS.
8, Ratcliffe Terrace, Mossley, Ashton-under-lyne, OL5 9HH An exciting opportunity to acquire a substantial period property that has been stripped back to brick, providing purchasers with a blank canvas to complete a full renovation to their own specification.
Arranged over three spacious floors, the property offers excellent proportions and tremendous scope to create an impressive family home or investment property.
With the initial strip-out already completed, purchasers can focus on the refurbishment, layout and finish, creating a property tailored to modern living whilst retaining the character of this attractive period home.
We have been advised that Building Regulations approval has been obtained for the creation of a fourth-floor bedroom, with supporting documentation to follow.
Interested parties should satisfy themselves as to the approvals and documentation available prior to bidding.
Situated within the highly sought-after town of Mossley, the property occupies a desirable residential position close to a wealth of local amenities, highly regarded schools, independent cafés, bars and restaurants.
Mossley Railway Station provides direct links into Manchester, Huddersfield and Leeds, making the area increasingly popular with commuters, while the nearby Pennine countryside, canal walks and Saddleworth villages further enhance its appeal.
The combination of a sought-after location, generous accommodation over three floors and the opportunity to undertake a full refurbishment makes this an attractive proposition.
Refurbished period homes in the area continue to command strong demand from owner-occupiers, providing an excellent opportunity to add significant value through a high-quality renovation.
Whether your intention is to renovate and resell, create a long-term rental investment or develop a substantial family home, this is a rare opportunity to acquire a project in one of Tameside's most desirable residential locations.
The following comparable properties, either recently sold or currently sold subject to contract (SSTC), highlight the potential end value once the refurbishment is complete: 7, Stamford Road, OL5 0BA SSTC - 07/07/2026 Asking price £300,000 Terrace 3 beds 0.28 mi 24, Andrew Street, OL5 0DN SSTC - 16/06/2026 Asking price £285,000 Terrace 3 beds 0.11 mi 40, Andrew Street, OL5 0DN £290,000 Terraced 3 beds 0.12 mi Sold - 26/08/2025 Tenant ready property rental values in the area are in the region of £1000-£1200pcm
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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