- For sale via the modern method of sale
- Close to motorway access
- Prime location
- Investment
- 2 bedroom flat
- Commercial unit
- EPC Band: C
The property comprises a two-storey building of traditional masonry construction, arranged to provide a ground floor commercial unit with a self-contained two-bedroom residential flat above. It is prominently positioned on Manchester Road in Rochdale, benefitting from strong visibility and access to local amenities and transport links.The ground floor, formerly operated as a launderette (now vacant), offers a broadly open-plan retail accommodation footprint with scope for reconfiguration. Estimated rental value for the commercial unit is in the region of £800–£1,000 per calendar month, subject to refurbishment and fit-out.The first floor provides a spacious two-bedroom flat, featuring a large open-plan living room and kitchen area, bathroom, and two double bedrooms. The residential accommodation requires renovation but presents strong potential for improvement and uplift. The anticipated rental value upon refurbishment is approximately £750–£800 per calendar month.The property offers several value-add opportunities, including conversion to an HMO (subject to the necessary consents), reconfiguration into two separate residential flats, or enhancement of the existing mixed-use arrangement. This makes it an attractive prospect for investors seeking refurbishment, income generation, or redevelopment potential.
AUCTIONEERS COMMENTS
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
VAT is payable by the Buyer upon completion to their solicitor. This is to be paid in addition to the purchase price.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Disclaimer
Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations
Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.