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100 Oak Street, Shaw, Oldham, Lancashire, OL2 8EJ
Marketed by:
Allsop Residential
33 Wigmore Street, London W1U 1BZ, UK
020 7494 3686
Vacant 2-Bed Freehold End-Terrace House in Shaw
100 Oak Street, Shaw, Oldham, Lancashire, OL2 8EJ
For Sale
£115,000+
• 2 Bedrooms
• End Terrace House
• Freehold
• Vacant Possession
• GIA approximately 86 sq m (926 sq ft), source: EPC
Description
Freehold End Terrace House by order of a Housing Association. Vacant possession.
Accommodation
Ground floor: two reception rooms and kitchen. First floor: two bedrooms and bathroom. Rear yard. GIA approximately 86 sq m (926 sq ft), source: EPC.
Location
The property is situated on the east side of Oak Street. Local shops and amenities are available to the south east along Market Street. Rochdale railway station is approximately 3.8 miles to the north east. The M62 motorway is to the north. Dunwood Park is nearby.
Tenure / Property Information
Tenure |
Freehold |
Occupancy |
Vacant Possession |
EPC |
GIA approximately 86 sq m (926 sq ft), source: EPC |
Investment Analysis
The only relevant completed sale is £104,000 for 21 Oak Street in January 2016. The other supplied sales are materially older. There is no current comparable evidence, condition assessment, rental evidence or formal valuation. The £115,000+ guide is therefore not independently supported by the supplied evidence, and a reliable GDV or maximum bid cannot be calculated.
Investment Snapshot
Guide Price |
£115,000+ |
Strategy Recommendation
Do not bid on the supplied evidence alone. Obtain an independent current valuation, survey, rental assessment and full auction-cost schedule before considering purchase.
Works Required
No specific defects or works are evidenced. Obtain a full inspection and budget only for repairs, compliance items or redecoration identified by that inspection.
Rental & Market Context
|
No sufficiently specific external rental comparable identified. |
|
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
21, Oak Street, Shaw, Oldham, Oldham, Ol2 8ej |
£104,000 |
|
37, Oak Street, Shaw, Oldham, Oldham, Ol2 8ej |
£89,500 |
|
37, Oak Street, Shaw, Oldham, Oldham, Ol2 8ej |
£48,000 |
|
27, Oak Street, Shaw, Oldham, Oldham, Ol2 8ej |
£53,000 |
|
37, Oak Street, Shaw, Oldham, Oldham, Ol2 8ej |
£31,350 |
Potential BRRR Position
A BRRR assessment cannot be supported without a current GDV, refurbishment budget, achievable rent and known acquisition costs. The 2016 £104,000 sale is insufficient for a current refinance valuation.
Buy-to-Let Analysis
BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. Buyer and other potential charges are also unspecified.
Flip Analysis
A flip appraisal cannot be calculated reliably. The latest supplied comparable completed at £104,000 in 2016, while the guide is £115,000+, and no current resale evidence, works budget or selling allowance is provided.
Investor Risks & Due Diligence
• The latest supplied comparable sale is from January 2016 and may not represent current market value.
• The guide of £115,000+ exceeds the latest supplied comparable sale price of £104,000.
• Property condition and required works are not evidenced.
• No sufficiently specific rental evidence is available, so income and yield cannot be assessed.
• Buyer, administration and other potential charges are unspecified.
• Vacant possession means no passing rent is evidenced.
Recommendation
Do not bid on the supplied evidence alone. Obtain an independent current valuation, survey, rental assessment and full auction-cost schedule before considering purchase.
Strategy Rating
HB Rating |
★★☆☆☆ |
Analysis Confidence
Confidence |
Low |
Evidence is limited to one relatively recent but dated local sale, older historic sales, no condition assessment, no rental evidence and unspecified additional charges.
Auction Details :
Allsop Residential
Auction Date :
17/11/26
Lot Number :
288
Property Location:
100 Oak Street, Shaw, Oldham, Lancashire, OL2 8EJ
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