HMOs for Sale
Cranbrook Street, Oldham
4 1
£176,000 Asking Price End of terrace for sale
Description
Introducing this 4 bed, 1 ensuite HMO currently fully occupied in Oldham, Greater Manchester. 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 and repairs has been significantly reduced. The property includes a fully fitted kitchen and dining space, a shared bathroom as well as 1 ensuite bedroom and a garden space.
The property is a 2 minute walk away from the nearest bus stop, offering connection to the wider area. There is additionally a small shopping precinct on the adjacent street, offering convenient access to local amenities. With good road connections, including the M60, the area provides easy access to surrounding regions and major cities, this 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 city centres.
Income;
Room 1 - £500 / Room 2 - £430 / Room 3 - £460 /
Room 4 - £460 /
Total; £1,850 PCM / £22,200 PA
Expenditure;
Electric - £212.25 / Water - £32.74 / Council Tax - £148 / Cleaner - £60 / Broadband - £32.40 / Management - £177.60
Total; £662.99 PCM / £7,955.88 PA
Gross Yield: 12.61%
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 1 Ensuite HMO
- Fully Occupied With Working Tenants
- Managing Agent In Situ
- Gross Income £22,200.00 PA
- Gross Yield 12.61%
- 2% Plus Vat Buyer's Fee
Enquiry
To make an enquiry for this property, please complete the form below.
