TO BE SOLD BY ONLINE AUCTION ON 23RD JULY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS AND CONDITIONS
89A Margaret Street, Ashton-under-Lyne, OL6 7RF
Tenanted ground floor flat comprising; lounge, kitchen, one bedroom and bathroom. Currently let on a fixed AST until August 2025 at £595pcm, it presents an attractive annual income of £7,140, representing a strong yield of 13% at the current guide price.
A well-presented ground floor flat, ideally located within easy reach of Ashton town centre, offering easy access to a range of local shops, supermarkets, and amenities. The nearby Ashton Moss Retail Park and Tameside Hospital also add to the appeal for both tenants and investors.
The area is well served by excellent transport links, including Ashton-under-Lyne tram and train stations, providing quick connections into Manchester city centre and beyond. Junctions to the M60 and M62 motorways are just a short drive away, making it ideal for commuting.
This is a great opportunity for investors seeking a hassle-free, income-generating property in a popular rental location.
Here are some similar properties which have sold close by that highlight the potential:
Flat 16, 2, Grey Street, OL6 6XF-Sold - 21/02/2025 £75,000 Flat 1 beds 0.55 mi
49, Welbeck Street South, OL7 0QJ-Sold - 13/12/2024 £84,000 Flat 0.14 mi
34, Boatmans Walk, OL7 0QF-Sold - 21/10/2024 £80,000 Flat 0.15 mi
Tenant ready property values in the area in the region of £600pcm.
EPC rating ? C
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS
