Terraced house for sale in Oldham Road, Manchester M35

National Residential presents an exceptional investment opportunity: A commercial/retail property with a 2-bed living accommodation above, situated on a bustling main road location of Oldham Road in Failsworth, Manchester.

The property is being sold as Freehold and boasts a deceptively spacious layout over 3 floors. The ground floor of the property comprises a large shop front and a further room to the rear with kitchen and toilet facilities. Additionally, there is a large basement space for storage or other uses. The first floor features a spacious 2-bedroom flat, providing ample living accommodation.

The property has the potential for a combined rental income of £1500 per month. The location of the property is particularly appealing, as it is situated on the busy main road, Oldham Road leading to Manchester, with a lot of passing traffic. The property is also just a short distance from the M60 motorway (Oldham Junction) and benefits from on-road parking and a free car park opposite.

This property is well-suited for a variety of uses and has the potential for 6/7 rooms throughout. It is also conveniently situated for access to public transport links, including major bus routes and the Metrolink, providing access to Manchester City Centre. Furthermore, the property is well-served by local amenities, including supermarkets, local shops, schools, and motorway links to surrounding areas.

The guide price for this exceptional investment opportunity is £200,000. Don't miss out on this chance to invest in a very popular location, just 2 miles from Oldham centre and 5 miles from Manchester city centre.

With a potential rental income of £18,000 per year from the combined shop and flat, this property has the potential to generate a gross yield of 9% based on the asking price of £200,000. This makes it an attractive investment opportunity for those looking to generate a healthy return on their investment.

Don't miss out on this opportunity - book a viewing today to see the potential this property has to offer!

** Please note that this property is being sold directly by one of the directors of the company and is not available for purchase through auction. Thank you for your interest. **

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.