2 bed Terraced House For Auction

TO BE SOLD BY ONLINE AUCTION ON 22ND OCTOBER 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS. 25 Spring Street, Oldham, OL4 2BD A two-bedroom mid-terraced house located in the popular Waterhead area, a well-established rental location known for strong tenant demand and affordable property prices. The area attracts long-term renters due to its proximity to Oldham Town Centre, local schools, and amenities, making it a reliable buy-to-let opportunity. Not inspected by Edward Mellor Auction. The house is reported to comprise a front reception room and kitchen/dining area on the ground floor. On the first floor are two good-sized bedrooms and a family bathroom. Externally, the property benefits from a rear yard. A reported rental income of £650 per month. Please see the legal pack for a copy of the AST. Tenant-ready property, rental values in the area are in the region of £850 per month. Here are some similar properties taken from Land Registry which have sold close by that highlight the potential: 17 Esther Street, Oldham, OL4 3EP Sold - 06/12/2024 £126,000 Terraced 2 beds 0.21 mi 16 Taurus Street, Oldham, OL4 2BN Sold - 01/08/2025 £118,000 Terraced 2 beds 0.07 mi 25 Beresford Street, Oldham, OL4 2DT Sold - 23/06/2025 £117,500 Terraced 2 beds 0.09 mi Waterhead is a well-established residential area in Oldham, known for its strong rental demand and affordable property prices. It offers easy access to Oldham Town Centre, local shops, schools, and transport links, making it a convenient and popular choice for tenants. EPC rating: E Sold as seen. 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.