4 bedroom terraced house
Key information
Features and description
- To be sold under auction terms
- Four bedroom hmo
- Prime location
- Reported to be generating £1700 pcm
- Great returns
TO BE SOLD BY ONLINE AUCTION ON 10 TH SEPTEMBER AUGUST 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS AND CONDITIONS
1, Lock Side, Stalybridge, SK15 3AH
Not yet inspected by Edward Mellor but reported to currently be arranged as a four-bedroom HMO with two en suite and a shared bathroom, lounge and kitchen. Photos have been provided by the vendor.
A converted House in Multiple Occupation (HMO) situated in a popular and convenient location close to Stalybridge town centre, transport links, and local amenities. The property is currently let on ASTs with a combined income of £1,700 per calendar month, offering a strong and immediate income stream for landlords and investors.
Stalybridge is a well-connected area with regular rail services into Manchester, a range of shops, and easy access to major road networks, ensuring ongoing demand from tenants.
Under current rules in Tameside, a licence is not required for four occupants. Interested parties should satisfy themselves as to compliance with all relevant HMO regulations and planning requirements.
Here are some similar properties taken from Land Registry which have sold close by that highlight the potential:
84, Lindsay Street, Stalybridge, SK15 2NL-Sold - 07/03/2025 £215,000 Terraced 3 beds 0.22 mi
10, Tatton Street, Stalybridge, SK15 2LL-Sold - 16/05/2025 £190,000 Terraced 3 beds 0.09 mi
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