Budget-priced renovation or buy-to-let near central Oldham and transport links.
Two-bedroom Victorian mid-terrace with long lease (920 years)
A two-bedroom Victorian mid-terrace offered at auction — a budget-priced, long-lease investment or renovation project in central Oldham. The title shows a 920-year lease from 1973 with a nominal ground rent of £3 per year and no ongoing service charge. Auction buyers should note an administration fee (2.5% inc. VAT, minimum £2,500) and other disbursements set out in the legal pack.
The house has period brick exterior, a small rear yard and on-street parking. Internally the property is described as requiring significant modernisation: the kitchen and other rooms show dated fixtures, signs of damp and mould, and plumbing concerns. No appliances or services have been tested and the property has not been inspected in person.
Location strengths include fast broadband, excellent mobile signal, very low local crime, and several well-rated nearby schools, including a local outstanding secondary. The area is economically deprived, and buyers should factor local market conditions when planning resale or rental. There is no flood risk recorded for the site.
This lot will suit investors or experienced refurbishers prepared to buy at auction and manage immediate repair and compliance work. All purchasers must be ready to complete auction terms, supply ID, and confirm finance/source of funds before completion.
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