23 bed House For Auction
256, 256A & 258 Honeywell Lane, Oldham, Greater Manchester, OL8

TO BE SOLD BY ONLINE AUCTION ON 13th AUGUST 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

256, 256A & 258 Honeywell Lane, Oldham, OL8 2JS

Here we have a large plot of four properties on a single site, spanning over four buildings with planning permission to expand further. These properties are reported to generate a gross income of £132,000 per annum

The site includes 17 HMO-licensed accommodations along with 6 private lets, totalling 23 lets. Planning permission has been granted for a fifth building at the rear of the site to house two self-contained studios. Ref: FUL/351520/23

The total floor area across all buildings is approximately 5,158 sq. ft. (479 sq. m). Operating for 45 years, with 20 years under the current owner. The site is ideally located just 5 minutes from Oldham town centre, with easy access to local amenities and transport links. A bus stop is conveniently situated on the street and Alexandra Park, Oldham's premier park, is nearby, featuring a boathouse café, playground, and tennis courts.

Building 1 ? Four-storey property with 9 rooms:

Basement (23.2m²) ? 1 roomGround floor (84.7m²) ? 3 roomsFirst floor (65.8m²) ? 3 roomsSecond floor (54.2m²) ? 2 roomsIncludes communal bathrooms, fitted kitchen, and individual room kitchenettes with hot/cold water. uPVC double glazing, gas central heating, front and rear yards.

Building 2 ? Three-storey property with 8 rooms:

Ground floor (64.4m²) ? 3 roomsFirst floor (63.1m²) ? 3 roomsSecond floor (17.5m²) ? 2 roomsSimilar features to Building 1: communal bathrooms, fitted kitchen, in-room kitchenettes, uPVC glazing, gas central heating, front and rear yards.

Building 3 ? Single-storey, approx. 65.7m², with 4 self-contained units, each with private WC/shower and galley kitchen. uPVC glazed, gas central heating.

Building 4 ? Single-storey, approx. 40.6m², with 2 self-contained units, each with private WC/shower and galley kitchen. uPVC glazed, gas central heating.

The site is very well located just 5 minutes from Oldham town centre and all its amenities and transport links, there is also a bus stop on the street. Alexandra Park is also located on the doorstep which is Oldham's premier park, well-maintained park featuring a boat-house café, park and tennis courts The front facing accommodations have lovely park views, plus park/allotments to the rear of the properties.

As part of the Northern Roots regeneration scheme there is a new Eco Centre development focusing on new developments, enterprise, bio-diversity, leisure and tourism, job opportunities and health and wellbeing. This centre is being developed in a very large plot at the corner of Alexandra Park. Completion for this development in circa 2026.

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