5 bedroom terraced house for sale

>

5 bedroom terraced house for sale

Ronald Street, Oldham, OL4
£220,000

Our Summary

  • The property is in excellent condition, and every room also has the potential to be transformed into a large family home if needed
  • This property is for sale by Online Auction
  • The Online Modern Method of Auction is a flexible buyer friendly method of purchase
  • Being Sold by GOTO Online Auction

Description

This five-bedroom HMO property is in excellent condition and offers a lucrative rental income opportunity. With three bathrooms, a communal lounge, and a shared kitchen, it's perfect for tenants. The property has the potential to generate £625-£875 per week in rent, with bedrooms 1-3 renting for £125-£150 per week and bedrooms 4-5 with private en-suites renting for £150-£175 per week. The property is leasehold with 995 years remaining on the lease, and the ground rent is just £2.50 per annum. With an EPC band of D, it's a great investment opportunity for those looking to generate a strong rental income.