4 bed property

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4 bed property

Horsedge Street, Oldham, Lancashire OL1
£155,000

Our Summary

  • Attractive HMO Investment Opportunity

Description

This attractive HMO investment opportunity is located in Oldham, Greater Manchester, a town that has transformed from a manufacturing hub to a hub for retail, logistics, public services, and healthcare. The property is fully tenanted by working professionals and benefits from consistent demand and a prime location. The 4-bedroom, 2-bathroom HMO is close to shops, schools, and public transport, making it a practical and attractive home for tenants. With a gross yield of 14.12% and a net yield of 7.20%, this investment presents an excellent opportunity for hands-off investors and portfolio builders looking for a reliable, high-performing asset in a growth-ready market. The property's financial performance is supported by a strong rental income of £1,823.33 per month and controlled costs, resulting in a net annual income of £11,161.44.