Guide price
£45,000
1 bed flat for saleGregge Street, Heywood, Greater Manchester OL10
1 bed
1 bath
1 reception
EPC Rating: C
Just added
Auction
Leasehold
About this property
For sale by live stream auction on Tuesday 8th September 2026 at 12PM
Guide price £45,000
One bedroom apartment
Council tax band: A
EPC rating: C
For sale by live stream auction on Tuesday 8th September 2026 at 12PM
*guide price £45,000+
Investment Opportunity!
Ground floor apartment being sold with a tenant in situ.
A fantastic opportunity to add to an existing portfolio or start with an already tenanted investment producing an income of £525.00 pcm / £6,300 pa which equates a gross yield of 14% when based on the guide price.
This apartment comprises: Reception/inner hall, generous open plan lounge/kitchen, double bedrooms and bathroom/w.c.
Externally there is a residents car park.
Conveniently located just off Manchester Road, Biwater House offers easy access to the M62 motorway.
The flat is within close proximity to shops, amenities, and transport links, ensuring a convenient lifestyle for residents.
Auction House Manchester are yet to inspect the property, pictures provided dated Aug 2024.
Lease term - 125 years from 1 January 2016
Ground Rent - £350 per annum
Service Charge - £1584.12 per annum
Accomodation
Living Room
Kitchen
Bedroom One
Bathroom
Additional Information
Tenure
Leasehold
Council Tax
Band A
Disclaimer
Any information in relation to the length of lease, service charge, ground rent has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Charges & Payments
In addition to the deposit Administration Charge: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT. Search Fees: £360 inc VAT.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor's solicitor. For more details, please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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 price £45,000+
Investment Opportunity!
Ground floor apartment being sold with a tenant in situ.
A fantastic opportunity to add to an existing portfolio or start with an already tenanted investment producing an income of £525.00 pcm / £6,300 pa which equates a gross yield of 14% when based on the guide price.
This apartment comprises: Reception/inner hall, generous open plan lounge/kitchen, double bedrooms and bathroom/w.c.
Externally there is a residents car park.
Conveniently located just off Manchester Road, Biwater House offers easy access to the M62 motorway.
The flat is within close proximity to shops, amenities, and transport links, ensuring a convenient lifestyle for residents.
Auction House Manchester are yet to inspect the property, pictures provided dated Aug 2024.
Lease term - 125 years from 1 January 2016
Ground Rent - £350 per annum
Service Charge - £1584.12 per annum
Accomodation
Living Room
Kitchen
Bedroom One
Bathroom
Additional Information
Tenure
Leasehold
Council Tax
Band A
Disclaimer
Any information in relation to the length of lease, service charge, ground rent has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Charges & Payments
In addition to the deposit Administration Charge: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT. Search Fees: £360 inc VAT.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor's solicitor. For more details, please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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
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Monthly repayment
£225 per month
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More information
Tenure
Leasehold (114 years)
Service charge
£1,584 per year
Council tax band
A
Ground rent
£700
Ground rent date of next review
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