HMOs for Sale
239 Horsedge Street, Oldham
4 1
£166,000 Asking Price Terraced for sale
Description
Introducing this 4 bed HMO in Oldham now available for purchase. This well located, fully tenanted HMO has a good historical occupancy rate and is well maintained.This property has undergone an extensive refurbishment in the last 5 years. Having been taken completely back to brick by the current owner's development team, the likelihood of costly on-going maintenance & repairs has been significantly reduced. The property includes a fully fitted kitchen, 1 shared bathroom and 1 ensuite bedroom.
The property benefits from good access to local amenities and is well-served by public transport, including Metrolink tram services, connecting Oldham to Manchester and other nearby areas. Good road connections, including the M60, provide easy access to surrounding regions and major cities, this easy access to Manchester offers a wider range of employment opportunities. Oldham offers an abundance of green spaces and contributes to a quieter and more relaxed living environment compared to bustling city centres.
Income;
Room 1 - £433.33 / Room 2 - £490 / Room 3 - £470 /
Room 4 - £430 /
Total; £1,823.33 PCM / £21,879.00 PA
Expenditure;
Electric - £298.62 / Water - £30.47 / Council Tax - £148.00 / Broadband - £40.97 / Cleaner - £60.00 / Management - £175.03
Total; £753.09 PCM / £9037.08 PA
Gross Yield: 13.18%
Additional Details
- Bedrooms: 4 Bedrooms
- Bathrooms: 1 Bathroom
- Ensuites: 1 Ensuite
- Kitchens: 1 Kitchen
- Buyer Fee: 2.00% + VAT
- Tenure: Leasehold
- Rights and Easements: Ask Agent
- Risks: Ask Agent
Brochures
Features
- 4 Bed HMO In Oldham
- Managing Agent in Situ
- Gross Income £21,636.00 PA
- Gross Yield 13.06%
- 2% Plus Vat Buyer's Fee
Enquiry
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