137a Manchester Road, Mossley, Ashton-under-Lyne, OL5 9AA

Description

A tenanted one bedroom terraced/under dwelling situated in the popular town of Mossley. Internally, accommodation comprises lounge, kitchen, bedroom, and bathroom. Externally, there is an enclosed garden to the front. The location offers various amenities and facilities nearby including pubs and shops. The property has a long-standing tenant in situ on a historic tenancy achieving £550 pcm/£6600 pa producing a yield of over 14.6% when based on the quoted guide price. Please be aware Auction House have not recently inspected the property, and the photographs were taken in May 2025.

Accommodation

Ground Floor: Living Room, Kitchen. First Floor: Bedroom, Bathroom.

Location

Situated in the popular town of Mossley. Various amenities and facilities nearby including pubs and shops.

Tenure / Property Information

Investment Analysis

The £180,000–£225,000 sold comparables are nearby terraced properties but lack bedroom, size, condition and tenure comparability. The subject is a one-bedroom under/terraced dwelling, with tenure unconfirmed, so they do not support a reliable GDV.

Investment Snapshot

Strategy Recommendation

Investigate as a cash-flow BTL only, subject to satisfactory legal-pack review, historic tenancy verification, inspection and confirmation of all fees. Do not bid on a flip or BRRR basis.

Works Required

No specific works are evidenced. Verify condition, tenancy documentation and any required repairs because the auctioneer has not recently inspected the property.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR cannot be reliably assessed because GDV, refurbishment costs, tenure and refinance assumptions are unsupported. The property’s historic tenancy may also affect vacant possession and refinancing.

Buy-to-Let Analysis

The stated passing rent is £550 pcm (£6,600 annually), producing a 14.67% gross yield against the £45,000 guide. BTL may be attractive, but the historic tenancy, unknown legal terms, condition and additional completion costs require verification. Net yield cannot be established.

Flip Analysis

A flip analysis is unsupported. No reliable subject-specific GDV or refurbishment allowance can be derived from the supplied evidence, and the property is tenanted.

Investor Risks & Due Diligence

• Historic tenancy terms and tenant rights require legal verification.

• The property has not been recently inspected; photographs date from May 2025.

• Additional disbursements, sellers’ costs, legal fees and transfer fees may apply.

• EPC rating E may indicate future energy-efficiency considerations.

• Comparable sales lack sufficient detail to establish reliable market value.

Recommendation

Investigate as a cash-flow BTL only, subject to satisfactory legal-pack review, historic tenancy verification, inspection and confirmation of all fees. Do not bid on a flip or BRRR basis.

Strategy Rating

Analysis Confidence

Passing rent and guide price are supplied, but tenure, legal terms, inspection evidence, condition, comparable property details and total costs are incomplete.