Summary - 46 AUCTION: Park Street, Shaw, Oldham, Lancashire, OL2 OL2 8EL
2 bed 1 bath Terraced
Affordable starter purchase with strong commuter links and local amenities.
- Two double bedrooms and bay-fronted lounge with original fireplace
- Approximately 696 sq ft; Victorian mid-terrace with period character
- Requires refurbishment and likely wall insulation upgrades
- Long leasehold (circa 915 years); ground rent nominal (£4)
- Sold by Modern Method of Auction; 4.5% reservation fee applies
- Chain free; 56-day completion period after auction
- Double glazing fitted (install date unknown)
- Convenient for shops, schools, public transport and M62 access
A two-bedroom mid-terraced Victorian house offered via the Modern Method of Auction. The long lease (approx. 915 years) and chain-free sale make this an accessible purchase for first-time buyers seeking an affordable entry into the area or landlords seeking rental income.
The property has period features including a bay-fronted lounge and original fireplace, plus double glazing and mains gas central heating. Its footprint (about 696 sq ft) includes a front lounge, kitchen, utility, two double bedrooms and a four-piece bathroom. A flagged rear yard provides low-maintenance outdoor space.
The house requires refurbishment: cosmetic updating and likely insulation improvements to the original sandstone/limestone walls. Buyers should note the sale process — a non-refundable reservation fee of 4.5% (minimum £6,600) plus a buyer information pack fee — and a 56-day completion window under the auction terms.
Well served by local shops, supermarkets and transport links (including nearby M62 access), this property suits first-time buyers wanting to personalise a starter home or investors prepared to renovate for rental yield. Factor refurbishment costs into your budget and consult lenders about auction purchasing timings before bidding.
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