Happy Monday, everyone! ☀️ This week's listing: 55 Market Street, Shaw, Oldham. 🏠 What it is A two storey town centre shop opposite Crompton Shopping Centre, a short walk from the Metrolink. Vacant, about 892 sq ft: shop downstairs, two rooms, kitchen and bathroom upstairs. Guide price £130,000+ at auction on 25 and 26 November. 🔍 What to check • Title: the agent says freehold, Rightmove says "see legal pack". Read the pack and confirm. • Leases: vacant, so no tenant to inherit, but nobody paying rent yet either. • Condition: "some refurbishment required" and an EPC of E. Get builder quotes before you bid. • Planning: a flat upstairs needs consent, and both floors share one front entrance today. • Demand: who would rent the shop, and who would rent the flat? Ask local agents. 💷 Value and price The local agent also lists it at £145,000, after a price cut. Now it's at auction with a lower guide. That tells you the seller wants a sale, not that it's cheap. The reserve can be up to 10% above the guide, and there's a 2.4% buyer's fee on top. 🚩 Red flags It's an unconditional sale: you exchange when the hammer falls and pay a 10% deposit. The auctioneer hasn't inspected it. Check the legal pack for extra fees. 🔑 Key lesson Set your maximum before auction day, including fees and works, and stop there. Would you view this one? What would you check first? 👇 https://www.rightmove.co.uk/properties/94956375 Educational content only. Not financial advice.