Guide price
£30,000
1 bed flat for saleCardinal Court, Scholes Street, Oldham OL1
1 bed
1 bath
1 reception
EPC Rating: B
About this property
Studio Flat (327 sq ft)
Competitively priced for 28-day auction and chain free
Great btl opportunity
Potential rental income of £600 to £650 pcm
Service charge - £2,000 pa
Open plan design
Spacious living room and kitchen (319.89 sq ft)
Modern shower room (31.24 sq ft)
On road parking
Legal pack to be received soon
Property Solvers Online Auctions is delighted to present this studio flat (327 sq ft), which presents a great btl opportunity located in Cardinal Court, Scholes Street, Oldham.
This well-presented studio flat at Cardinal Court, Scholes Street, Oldham, offers a practical and affordable opportunity for investors. The flat provides a versatile and convenient open-plan layout.
The property benefits from a spacious living room and kitchen (319.89 sq ft), a modern shower room (31.24 sq ft) providing everything required for comfortable day-to-day living. The studio format makes the property easy to maintain, while the development setting provides a convenient residential environment close to a range of local amenities and services.
Located within easy reach of Oldham town centre, the property is well positioned for access to shops, supermarkets, restaurants, leisure facilities and public transport links. With its convenient location and strong potential appeal to both owner-occupiers and landlords, this studio flat represents an attractive opportunity in the Oldham property market.
More Information
The Property Solvers Auctions enquiry line is open 24/7 and we're happy to answer any questions.
28-day unconditional auction terms + conditions, aml requirements and fees are available on our website (Google "Property Solvers Auctions" and select "Auction Property for Sale" in the navigation).
The preliminary legal pack can be viewed directly via the auction listing itself. Property Solvers Auctions will update the legal pack and inform all parties that express interest in bidding. For conveyancing searches that are not received in time for the auction, a Professional Indemnity Insurance policy can be taken out.
Notice to Bidders
Please be aware that if your bid is successful on auction day, the exchange of contracts will happen immediately after the Auction. A 10% deposit will be required.
As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of id documents (passport and photo driving license). For a full list of requirements, please see the legal pack documents.
Buyer Reservation Fee
A 2% + VAT (non-refundable) fee (subject to a minimum of £2,000 + VAT) plus a £125 + VAT processing fee will be due from the winning bidder.
Generally speaking, guide prices are provided as an indication of each seller's minimum expectation, i.e. 'the reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Virtually every property will be offered subject to a reserve (a figure below which the auctioneer cannot sell the property during the auction) which we expect will be set within the guide range or no more than 10% above a single figure guide.
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
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