2-bedroom terraced house · M11 1BW
Listing removedListed 6 daysAuction 12 Nov · in 22 days
Opportunity summary
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About
TO BE SOLD BY AUCTION ON 11TH NOVEMBER / 12TH NOVEMBER 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS. 102 Wayne Street, Openshaw, M11 1BW.
Tenanted terraced house not yet inspected by Edward Mellor but reported to comprise lounge, dining room, kitchen, two bedrooms and bathroom/wc. Rear yard.
Gas central heating and partial double glazing. Reportedly let on an AST at £750 (awaiting sight of agreement). Please respect the tenant’s privacy.
Situated on a very popular road in the East Manchester regeneration area within easy reach of the Metrolink and bus stops ensuring it will always be popular.
** VIRTUAL TOUR AND MORE PHOTOS COMING SOON ** Here are some similar properties taken from Land Registry which have sold close by that highlight the potential: 65, Vine Street, M11 1LH sold on 20/07/26 for £160,000 Terraced 2 beds 116, Louisa Street, M11 1AN sold on 23/02/26 for £166,000 Terraced 2 beds Tenant ready property rental values in the area are in the region of £950 to £1000 per month.
EPC rating D. Just up the road is Lime Square Shopping Centre which boasts the likes of Morrisons, Greggs, Lidl, McDonalds and The Gym and New Smithfield Wholesale Market.
Recreational facilities are provided by Openshaw Park and Sandywell Millennium Green. For commuters, the nearest motorway networks are the M60 and M67.
Value & comps
No previous sales on record.
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Returns
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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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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 102, Wayne Street, Openshaw
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