Cheltenham Street, Oldham, OL1
Edward Mellor Estate Agents LtdEdward Mellor Auctions is a trusted property auction house with decades of experience in the North West. Specializing in residential and commercial property sales, they provide a fast, transparent, and efficient auction process for buyers and sellers.
Read more Read moreTO BE SOLD BY ONLINE AUCTION ON 10 TH SEPTEMBER 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS AND CONDITIONS 3 Cheltenham Street, Oldham, OL1 4DA Not inspected by Edward Mellor but reported to comprise; Lounge, kitchen/diner, two bedrooms and bathroom. Rear yard. It is currently let on a periodic AST at £600pcm with a section 13 increase to start 13th October 2025 to £850pcm. Please respect the tenant's privacy. Located in a popular residential part of Oldham, within easy reach of the town centre, schools, local amenities and excellent transport links. The property is tenanted at £600pcm, with the rent advised to be increasing to £850pcm, making it an excellent ready-made buy-to-let investment in an area of consistently high rental demand. Should vacant possession be obtained in the future, the property also offers good potential for resale, with strong demand for affordable homes in the area supporting capital growth prospects. It presents a straightforward and attractive investment opportunity, whether held for income or with a view to resale. Here are some similar sold properties taken from Land Registry that highlight the potential: 5, Cheltenham Street, OL1 4DA-Sold - 09/05/2025 £150,000 Terraced 2 beds 0.00 mi 2, Wales Street, Oldham, OL1 4ET Sold - 31/03/2025 £138,000 Terraced 2 beds 0.44 mi 51, Herbert Street, Oldham, OL4 2QU-Sold - 03/02/2025 £140,000 Terraced 2 beds 0.61 mi Tenant ready property values in the area are in the region of £850 - £900pcm Notice Before buying at Auction, it is essential that you read our Notice to Prospective Buyers and the Common Auction Conditions . You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team. You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.
