2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Manchester Road, Rochdale, OL11
£120,000

Our Summary

  • The ground floor, formerly operated as a launderette (now vacant), offers a broadly open-plan retail accommodation footprint with scope for reconfiguration
  • The residential accommodation requires renovation but presents strong potential for improvement and uplift
  • The property offers several value-add opportunities, including conversion to an HMO (subject to the necessary consents), reconfiguration into two separate residential flats, or enhancement of the existing mixed-use arrangement
  • This makes it an attractive prospect for investors seeking refurbishment, income generation, or redevelopment potential

Description

The property is a two-storey building on Manchester Road in Rochdale, offering a ground floor commercial unit and a self-contained two-bedroom residential flat above. The ground floor, previously a launderette, is currently vacant and has an estimated rental value of £800-£1,000 per month after refurbishment. The first floor flat requires renovation but has potential for improvement and could rent for £750-£800 per month. The property presents several value-add opportunities, including converting it to an HMO, dividing it into two separate flats, or enhancing the existing mixed-use arrangement, making it an attractive prospect for investors seeking refurbishment, income generation, or redevelopment potential.