Margaret Street, Ashton under Lyne 1 bed ground floor flat for sale

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Margaret Street, Ashton under Lyne 1 bed ground floor flat for sale

Margaret Street, Ashton under Lyne
£55,000

Our Summary

  • TO BE SOLD BY ONLINE AUCTION ON 23RD JULY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS AND CONDITIONS
  • Here are some similar properties which have sold close by that highlight the potential:
  • TO BE SOLD UNDER AUCTION TERMS
  • To be sold under auction terms

Description

This tenanted ground floor flat is located in Ashton-under-Lyne, within easy reach of the town centre and local amenities. The property is currently let on a fixed AST until August 2025 at £595pcm, generating an attractive annual income of £7,140 and a strong yield of 13% at the current guide price. The flat is well-presented and offers a convenient location with excellent transport links, including tram and train stations, and proximity to the M60 and M62 motorways. This is a great opportunity for investors seeking a hassle-free, income-generating property in a popular rental location. Similar properties in the area have recently sold for between £75,000 and £84,000, with tenant-ready property values in the region of £600pcm.