One property. Two potential investment strategies.
Vacant leasehold terrace near Walkden station · McHugh & Co, Lot 33 · Auction 21 October 2026
Purchase, refurbish and sell at a modelled £155,000.
Development finance not yet reconciled.
Refurbish, refinance and retain as a rental property.
Cash recycled not yet verified.
| Sale price | Modelled profit | Return on cash |
|---|---|---|
| £155,000 | £44,439 | 164% |
| £139,500 | £28,939 | 107% |
| £130,000 | £19,439 | 72% |
| £124,000 | £13,439 | 50% |
Recorded same-street sold prices: No. 31 £160k (Jul 2025), No. 30 £162k (Apr 2025), No. 49 £150k (May 2026), No. 52 £120k (Mar 2026). These are not condition- or size-adjusted comparables.
Investment status: further due diligence required
Photos from the auction listing (McHugh & Co). Their date isn't stated, so condition is checked at a viewing. No floor plan was published.
Items marked Coming soon follow the viewing and the legal pack review. They'll appear here, on this same link.
Confirm lease and ground rent.
Verify bedroom layout (auctioneer lists three first-floor rooms).
Survey and cost works.
Validate GDV and rent.
Reconcile lending and refinance fees.
Set maximum bid.
