This property has been taken off the market.

23 Bed House For Sale Honeywell Lane, Oldham, OL8

£750,000

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 21st May 2024

Description

TO BE SOLD BY ONLINE AUCTION ON 12TH JUNE 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

256, 256A & 258 Honeywell Lane, Oldham, OL8 2JS


Here we have a large plot of three properties on a single site, spanning over four buildings with planning permission to expand further. These properties are reported to generate a gross income of £118,631.


The site includes 17 HMO-licensed accommodations along with 6 private lets, totalling 23 lets. Planning permission has been granted for a fifth building at the rear of the site to house two self-contained studios. Ref: FUL/351520/23

The total floor area across all buildings is approximately 6300 sq. ft. (585.3 sq. m). Operating for 45 years, with 19 years under the current owner. The site is ideally located just 5 minutes from Oldham town centre, with easy access to local amenities and transport links. A bus stop is conveniently situated on the street and Alexandra Park, Oldham’s premier park, is nearby, featuring a boathouse café, playground, and tennis courts.


For further information or to arrange a viewing, please call Kieran at Edward Mellor Auction

Agent Details
Edward Mellor Ltd
65-81 St Petersgate, Stockport SK1 1DS

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