This is Cornerlot's full analysis of one of today's lots, open to everyone as an example. With access you get it for every lot. Create an account →
Auction House UK · 11 Nov 2026 · in 23 days
Tenanted Mixed Use Property – Shop & Flat
268 Ashton Road, Oldham, Greater Manchester OL8 1QN · North West
LiveMixed-useLeaseholdLet
- Guide
- £70,000
- Rent a year
- £9,000
- Yield on the guide
- 12.9%
- Payback
- 7.8 yrs
- Net yield, after buying costs
- 12.11%on £74,300 all in
- Likely to sell for
- £70,000 to £83,000half of 29 mixed-use lots across the UK sold in this band
- Energy rating
- C
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
| Price | £70,000 |
|---|---|
| Buyer's feeinc. VAT, the house's usual fee; set lot by lot | £1,800 |
| Stamp Duty Land Taxnon-residential rates | £0 |
| assumption, inc. VAT | £2,500 |
| Total to own it | £74,300 |
Auction House UK's standard buyer's fee, from its published terms (checked 2026-10-15). Auction House sets the fee per lot and region (£1,200 to £2,040 inc. VAT, or a percentage), and some lots add a premium. A lot's special conditions can add more: check the legal pack. Tax uses non-residential rates checked 2026-10-15. Gross figures, before running costs. Not advice.
What it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
Half of the 29 mixed-use lots across the UK with a published price sold between 1.00× and 1.19× their guide; the middle one at 1.06×. On this guide that's £70,000 to £83,000, most likely about £74,000, which would make the net yield 11.44%.
Only some auction houses publish what lots sold for, so this sample comes from Allsop and Savills, not Auction House UK: treat it as a rough guide for this lot.
55% of the 139 mixed-use lots across the UK offered found a buyer, before or at the auction. A quarter of those sales went above the band and a quarter below it: it's a guide to the room, not a valuation.
Energy rating
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 14 Oct 2026 (certificate 2769-3864-0385-3205-5816). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
| This lot | Mixed-use, North West | Mixed-use, UK | |
|---|---|---|---|
| Yield on the guide | 12.9% | 11.2% | 10.0% |
| Guide | £70,000 | £170,000 | £185,000 |
| Rent per sq ft | – | £9.03 | £17.54 |
| Live lots | 22 | 177 |
Medians of live lots with published figures, at least five per cell. Rent per sq ft includes past lots.
History
- First listed on Cornerlot 11 Oct 2026.
Auction House UK's record
- Sale rate
- 63%89 lots offered
- Typical price vs guide
- –0 sales with a published price
- Sold before auction
- 23
- Live lots now
- 145
About the lot
Leasehold mixed use lot in Oldham. Producing £9,000 a year, a 12.9% gross yield at the guide.
Lot -, Mixed Use. Tenanted Mixed Use Property – Shop & Flat: NO VIEWINGS AVAILABLE Auction House North West have not inspected the property but has been advised that this is a mid-terrace property comprising of a tenanted ground floor retail unit along with a flat above with an unknown tenancy. 268 Ground floor unit currently trading as GM Barbers which we have been advised is tenanted on a 5-year tenancy from 20th July 2025 producing £750pcm / £9,000pa. The tenant is responsible for the insurance, business rates and utilities. 268a First floor flat which we believe to be a one-bedroom flat. We have been advised that the property is currently occupied but no tenancy information has been provided. For more information relating to the tenancies, please refer to the legal pack. Tenure: Leasehold Title number: GM34351 Length of Lease: 890 years from 31 October 1974 Ground Rent: £3.50 – as shown on the title register Council Tax: A (flat only) Local Authority: Oldham Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/. Tenure: Leasehold. 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.
Figures come from Auction House UK's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.