Should you be investing in HMO properties in 2025?
107 Redgrave Street, Oldham
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£150,000 Asking Price Terraced for saleDescription
Overview
Introducing this 4 Bed, 2 ensuite HMO that includes 3 kitchenettes. A period terraced house, in Oldham, Greater Manchester.
Local Amenities
Located in the Waterhead area of Oldham, it benefits from a range of nearby amenities. For everyday shopping, residents are well-served with an Asda Superstore just 0.06 miles away on Huddersfield Road, as well as other options like Tesco Extra (0.35 miles) and Tesco Express on Lees Road (0.59 miles). The nearby Springfield House GP Surgery, only a short walk away, and the Royal Oldham Hospital is situated about 1.7 miles from the property.
Transport Links
The property is well-connected via public transport. Several local bus stops, including Sharples Hall Street (0.05 miles) and Sycamore Avenue (0.15 miles), offer regular services to various destinations around Oldham and beyond. For longer commutes or travel into Manchester, Derker Metrolink tram stop is located approximately 0.79 miles away, providing fast and frequent connections to the city centre. Additionally, Mossley (Manchester) railway station, about 2.8 miles away, offers further regional rail services.
Conclusion
The area offers a well-rounded living environment with convenient access to essential local amenities, parks, and healthcare services. The property is also well-supported by reliable transport links, making it a suitable location for commuters, and those looking for a balance of suburban comfort with easy urban access.
Income;
Room 1 - £480 / Room 2 - £475 / Room 3 - £510 /
Room 4 - £510
Total; £1,975 PCM / £23,700.00 PA
Expenditure;
Electric - £480 / Water - £32 / Council Tax - £164 / Cleaner - £83 / Broadband - £42 / Management - £296
Total; £1097 PCM / £13,164.00 PA
Gross Yield: 15.80%
Additional Details
- Buyer Fee: 2.00% + VAT
- Rights and Easements: Ask Agent
- Risks: Ask Agent
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Features
- 4 Bed, 2 Ensuite HMO in Oldham, Greater Manchester.
- Fully Furnished
- Includes 3 Kitchenettes
- Good Condition
- Gross Income £23,700.00 PA
- Gross Yield 15.80%
Enquiry
To make an enquiry for this property, please complete the form below.

