Land at Hathershaw Lane, Oldham, Lancashire OL8 3EU

OL8 3EU · Pugh & Co · North West

£60,000guide price
9.5%gross yield
Land9.5% gross yield
Land at Hathershaw Lane, Oldham, Lancashire OL8 3EU
Photo: Pugh & Co catalogue

Pre-bid risk check

Check public-data risks before you chase this lot.

Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

10 year lease

Short leases can affect lending, resale value, and extension terms.

medium confidence, Auction listing enrichment

EPC not confirmed

The listing does not show a clean EPC rating. The full pack checks the official register by address.

low confidence, Auction listing enrichment

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About this lot

Live Stream Auction

An advertising display site extending to approximately 222 Sq.M (265 Sq.Yds). The majority of the site is let on a new 10 year lease dated July 2026 at £5,700p/a. The site may hold longer term development potential, subject to necessary consents. The site is prominently positioned fronting onto the corner of Hathershaw Lane and Ashton Road (A627) on the main arterial route into Oldham Town Centre. Site Area Approximately 222 Sq M (265 Sq Yds) Costs Auction Details The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type. Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws. Auction Deposit and Fees The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts: • 10% deposit (subject to a minimum of £5,000) • Buyer’s Fee of 1.8% inc. VAT of the purchase price (subject to a minimum of £2,400 inc. VAT) There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information For full details about our auction processes, please refer to the B…

From the Pugh & Co listing. Read the full listing and legal pack →

Key facts

LandUse class
LeaseholdTenure
10 yearsLease remaining
2,389 sq ftFloor area
£6K/yrPassing income
26 August 2026Auction date

Recent sold prices nearby

20 registered sales in this postcode sector over the last two years, straight from HM Land Registry. What nearby properties actually sold for — not what they were guided at.

38 CO**** ST****OL8 3RN£133,500
13 AL*** ST****OL8 3EY£140,000
47 CO**** ST****OL8 3RN£105,000

17 more sales with full addresses, sale dates and prices — including any prior sale of this exact lot.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Sales typically register 6–12 weeks after completion, so very recent transactions may not yet appear.

Renovation upside in OL8

Evidence from 259 properties in this postcode district that sold twice with material uplift — the signature of value-add work between sales.

+83.1%median uplift
£26,450typical value added
4.5 yearstypical hold period

See 259 example projects — real before/after sale pairs with postcodes, prices and dates. Plus the planning applications that likely explain each uplift.

Derived from 259 registered sale pairs in OL8 where the property gained ≥15% between two arms-length sales (HM Land Registry Price Paid data, OGL v3.0). The planning applications visible above may explain individual uplifts. Past performance is not a guarantee of future returns.

Investor angles

Land

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