Sold STC Plot

1 RICHARDS CLOSE

MANCHESTER, AUDENSHAW, GREATER MANCHESTER M34 5EN

Listed 23 Jun 2026 (-29d)

£44,000

Guide Price

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# Plot for sale (M34 5EN)

## Property Details

| Key | Value |
|-----|-------|
| Address | 1 RICHARDS CLOSE, MANCHESTER, AUDENSHAW, GREATER MANCHESTER M34 5EN |
| Price | £44,000 |
| Last sold | £60,000 Apr 2000 |

## Description

TO BE SOLD BY ONLINE AUCTION ON 1-2ND JULY 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS

Land On The South Side Of Poplar Street, Audenshaw, M34 5EN

An exciting opportunity to acquire a parcel of land in an established residential location, offering potential for future development subject to the necessary planning consents.

Supporting documents suggest the site could potentially accommodate a pair of semi-detached houses, each with off-road parking. No planning application has been submitted or determined, and buyers must rely on their own enquiries with Tameside Council.

The site may appeal to builders, developers and investors seeking a small-scale project with potential uplift, subject to planning.

Comparable semi-detached properties in the surrounding area help demonstrate the possible end value, subject to planning, specification and final scheme design.

14, Ashlands Drive, Manchester, M34 5EL Sold 06/02/2026 £205,000 0.13 mi

5, The Old Stables, Manchester, M34 5DH Sold 07/11/2025 £260,000 0.24 mi

4, Churchfields, Manchester, M34 5HZ Sold 10/09/2025 £285,000 0.29 mi

Tenanted rental values in the area are in the region of £1400 - £1500 per month

The site is located in an established residential area close to local amenities, schools, transport links and Guide Bridge railway station, offering convenient access towards Manchester, Ashton-under-Lyne, Stockport and surrounding areas.

## Property Photos

- ![Poplar Street land.png](/listings/photos/90017961/845868) - Poplar Street land.png
- ![Drawings.png](/listings/photos/90017961/845869) - Drawings.png
- ![Denton land 1.jpeg](/listings/photos/90017961/845870) - Denton land 1.jpeg
- ![Denton land 2.jpeg](/listings/photos/90017961/845871) - Denton land 2.jpeg
- ![Denton Land 3.jpeg](/listings/photos/90017961/845872) - Denton Land 3.jpeg

## Floorplans

- ![Title plan.png](/listings/photos/90017961/845873) - Title plan.png

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 1 RICHARDS CLOSE, AUDENSHAW, MANCHESTER, TAMESIDE, GREATER MANCHESTER, M34 5EN | £60,000 | 11/04/2000 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 22 EAST STREET, AUDENSHAW, MANCHESTER, TAMESIDE, GREATER MANCHESTER, M34 5BX | £115,000 | 23/05/2022 | Other |

**Area average:** £115,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £297,425 (8 Other, M34, 2024–2026)
- **Deviation:** -85.2%

## Rental Range

*ONS Price Index of Private Rents (Tameside). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £828/mo
- **Realistic:** £920/mo
- **Optimistic:** £1,012/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Halifax (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, South St, OL7 | £1,100/mo | 2 | 0.47 miles | OpenRent |
| 2 Bed Terraced House, Oxford St West, OL7 | £900/mo | 2 | 0.51 miles | OpenRent |
| 2 Bed Terraced House, Pelham Street, OL7 | £1,100/mo | 2 | 0.57 miles | OpenRent |

**Average rent: £1,033/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 2.5% (strong)
- **Max investor price (0.8%):** £137,500
- **Target investor price (1%):** £110,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,100/mo).*

- **Gross yield:** 30%
- **Cost-to-rent:** 3.3×
- **Monthly cashflow:** £792/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 74.5%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 354.2%
- **10y growth:** 442.3%

## House Price Index (HM Land Registry)

*Official index for Tameside; All dwelling types series; as of April 2026.*

- **1y growth (index):** 5.1%
- **5y growth (index):** 30.7%
- **10y growth (index):** 83.4%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Listing type

Auction

Poplar Street land.png Drawings.png Denton land 1.jpeg Denton land 2.jpeg Denton Land 3.jpeg

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Property details

Listing category

Auction

Tenure

FREEHOLD

Last sold

£60,000 Apr 2000

Local average

£297,425 (-85.2%)

Deprivation

Decile 1 (3,240 of 33,755)

Street crime

0 incidents within 1 mile (May 2026)

Key features

TO BE SOLD BY ONLINE AUCTION
Freehold Plot of Land
Potential For 2 Semi Detached Houses STPP
Established Residential Location
Development Potential
No Previous Planning Permission Applied

Additional details

Parking: Yes

Description

TO BE SOLD BY ONLINE AUCTION ON 1-2ND JULY 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS
Land On The South Side Of Poplar Street, Audenshaw, M34 5EN
An exciting opportunity to acquire a parcel of land in an established residential location, offering potential for future development subject to the necessary planning consents.
Supporting documents suggest the site could potentially accommodate a pair of semi-detached houses, each with off-road parking. No planning application has been submitted or determined, and buyers must rely on their own enquiries with Tameside Council.
The site may appeal to builders, developers and investors seeking a small-scale project with potential uplift, subject to planning.
Comparable semi-detached properties in the surrounding area help demonstrate the possible end value, subject to planning, specification and final scheme design.
14, Ashlands Drive, Manchester, M34 5EL Sold 06/02/2026 £205,000 0.13 mi
5, The Old Stables, Manchester, M34 5DH Sold 07/11/2025 £260,000 0.24 mi
4, Churchfields, Manchester, M34 5HZ Sold 10/09/2025 £285,000 0.29 mi
Tenanted rental values in the area are in the region of £1400 - £1500 per month
The site is located in an established residential area close to local amenities, schools, transport links and Guide Bridge railway station, offering convenient access towards Manchester, Ashton-under-Lyne, Stockport and surrounding areas.

Listed by

Auction

Edward Mellor Ltd

Reference: 90017961

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Title plan.png

Price history

Event	Date	Price	% change
Listed for sale	—	£44,000	-26.7%
Sold	11/04/2000 (26 years ago)	£60,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
22 EAST STREET, AUDENSHAW, MANCHESTER, TAMESIDE, GREATER MANCHESTER, M34 5BX	£115,000	23/05/2022	Other

Area average: £115,000 (1 sale)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 354.2%

10y growth 442.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Tameside. Series: All dwelling types. As of April 2026.

1y (index) 5.1%

5y (index) 30.7%

10y (index) 83.4%

Rental Range

Estimated market rent for Tameside. Low = conservative, Realistic = average, Optimistic = best case.

Low £828/mo

Realistic £920/mo

Optimistic £1,012/mo

Based on Local Authority from postcode lookup → Tameside.

LHA (30th percentile) floor for Halifax: Apr 2025 – Mar 2026

Location

Map view View on Google Maps View on OpenStreetMap Street View M34 5EN

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Guide Lane/Hooley Hill	0.1 miles
Shop	Co-op Food	0.2 miles
Shop	Superchoice	0.3 miles
Train station	Guide Bridge	0.3 miles
Train station	Denton	1.1 miles
Hospital	Tameside General Hospital	2.4 miles
Hospital	Shiv Lodge Medical Centre	3.7 miles
University	University of Manchester Fallowfield Campus	4.4 miles
University	Fallowfield Reception and Richmond Amenities Building	4.4 miles

Street-level crime

Category	Count
Total incidents	0

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Poplar Street Primary School	Primary	0.1 miles	Good — 18 Oct 2022
Audenshaw School	Secondary	0.3 miles	Good — 16 May 2023
St Stephen's CofE Primary School	Primary	0.4 miles	— (Inspected (no overall grade))
St Peter's CofE Primary School	Primary	0.5 miles	Good — 28 Mar 2013
Audenshaw Primary School	Primary	0.6 miles	Requires improvement — 20 Nov 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Terraced House, South St, OL7	£1,100/mo	2	0.47 miles	OpenRent
2 Bed Terraced House, Oxford St West, OL7	£900/mo	2	0.51 miles	OpenRent
2 Bed Terraced House, Pelham Street, OL7	£1,100/mo	2	0.57 miles	OpenRent

Average rent: £1,033/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 2.5%

Max investor price (0.8%) £137,500

Target investor price (1%) £110,000

Gross yield 30%

Cost-to-rent ratio 3.3×

Monthly cashflow £792/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 74.5%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).