2 Bedroom Terraced House, Prince Street, Rochdale, OL16

This two-bedroom terraced house represents an excellent investment opportunity, being sold with a tenant in situ and offering a strong rental yield from day one. Situated in a popular rental location, the property is ideal for buy-to-let investors seeking a hassle-free purchase with immediate returns. The house features two generous reception rooms, providing flexible living space that is highly attractive to tenants and enhances the property’s rental appeal. Both bedrooms are good-sized, ensuring comfortable accommodation for occupants and supporting ongoing tenant satisfaction. The established tenancy already in place offers peace of mind for landlords, with strong tenant demand in the area further ensuring reliable and consistent rental income. The property is offered with no onwards chain upon completion, streamlining the purchase process for investors and allowing a swift transition of ownership. With its proven track record as a rental property, this terraced house is well positioned to deliver ongoing returns and represents a fantastic opportunity for landlords or investors looking to expand their portfolio. The convenient location, combined with the flexible living arrangements and solid rental history, make this investment property a compelling choice for those seeking a straightforward and rewarding addition to their property holdings.

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects.

Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Additional Fees

Administration Charge - 2.5% inc VAT of the purchase price, subject to a minimum of £2500 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.