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4 bed property
Horsedge Street, Oldham, Lancashire OL1
£160,000
Horsedge Street, Oldham, Lancashire OL1
£160,000
Our Summary
- Attractive HMO Investment Opportunity
Description
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Here is a summary of the property description in a single paragraph without a list:
This 4-bed, 3-bath HMO in Oldham is a prime investment opportunity, fully tenanted by working professionals and generating a monthly income of £1,920. The property is located in a well-established residential area with access to schools, shops, and transport links, making it an attractive option for tenants seeking affordable and convenient living. Oldham's strong economy, driven by major sectors such as healthcare and retail, and its close proximity to Manchester, ensure a stable job market and long-term demand for rental properties. With a gross yield of 14.40% and a net yield of 6.88%, this property offers a solid investment opportunity with minimal operating costs and no gas or TV license expenses.