5 bed End Terrace House For Auction

TO BE SOLD BY ONLINE AUCTION ON 1ST-2ND JULY UNLESS SOLD PRIOR UNDER AUCTION TERMS.

24, Grenville Terrace, Ashton-under-lyne, OL6 6UD

A substantial and immaculately presented period property occupying a sought-after residential position in Ashton-under-Lyne. Having operated as a five-bedroom HMO since 2020, the property offers investors an exciting opportunity to acquire a sizeable property with excellent income potential in an area popular with professional tenants.

The accommodation extends over three floors, with additional cellar space, and comprises five generous double bedrooms, three of which benefit from en-suites and two with kitchenette, bathroom and downstairs WC kitchen and utility room. The vendor advises the property has been particularly popular with professionals due to its proximity to Tameside Hospital and local amenities. The vendor further advises that, when fully occupied, the property generated approximately £39,900 per annum before bills.

Presented in excellent condition throughout, it retains a wealth of attractive period features whilst offering the practical layout expected by modern tenants. In preparation for sale, occupancy has been intentionally reduced, with only one tenant remaining, allowing an incoming purchaser the flexibility to take the property in a direction that suits their investment strategy.

Whether for multi-let occupation, retained as a large family home, or explored for alternative uses subject to any necessary consents, the property presents a rare opportunity to acquire a substantial building with considerable scope and versatility.

Opportunities to acquire properties of this size, character and potential are rarely available, making this an attractive proposition for investors and owner-occupiers alike. With spacious accommodation, impressive presentation and a history of strong tenant demand, the property offers plenty of possibilities for its next owner.