House for sale
£750,000 /Sale price - Oldham OL4 1AGDetails
- Price: £750,000 /Sale price
- Internal Reference No.: 70818820
Overview
Introducing two fantastic investment properties two recently refurbished HMOs offering comfortable and contemporary living. Nestled in a sought-after neighbourhood and offering lucrative returns. Consisting of 2 properties renovated from a former leisure centre, there are 11 rooms in total, each with its own kitchenette and ensuite, as well as shared living areas, the property offers both privacy and the ability to coercively share these well presented spaces. Finished to a high standard, each HMO presents a combination of modern aesthetics and practicality, offering tenants comfort and convenience. With their strategic locations and good quality renovations, these two HMO properties set a good standard for shared accommodations. Situated in Greater Manchester, this vibrant area offers a range of facilities. With convenient access to major transport networks including the M60 motorway and Oldham's well-connected public transportation system. The local area offers a diverse range of amenities, including shopping centres, supermarkets, restaurants, and leisure facilities. The area is known for its rich history and cultural heritage, as well as beautiful parks and green spaces scattered throughout the area. Income: Glodwick - Room 1 £550 / Room 2 £550 / Room 3 £550 / Room 4 £550 / Room 5 £550 / Room 6 £550 / Total; £3,300 PCM / £39,600 PA Brompton House - Room 1 £800 / Room 2 £800 / Room 3 £840 / Room 4 £800 / Room 5 £800 Total; £4,040 PCM / £48,480 PA Combined Total PCM £7,340 / PA £88,080.00 Combined Expenditure: Electric £516.66 / Water £58.33 / Council Tax £287 / Broadband £60 / Cleaner £130 / Total; £1,051.99 PCM / £12,623.88 PA *Existing management can be retained for 8% of the gross rent Buyer's Fee Applies For more details and to contact: https://realtyww.info/houses_brompton-street-d635373/for-sale_i70818820Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Amenities
- Home
- 2 Beautifully Presented Properties
- 11 Rooms In Total
- Including All Ensuite/ Some Kitchenette
- Gross Income £88,080.00 PA
- Centrally Located in Oldham With High Demand For Co-Living/HMO
- Comprehensive
- High-Specification Refurbishment Completed In 2023
- Fully Licensed and Compliant
- Independent RICS Valuation Report
- Income Producing From Day One
- 3 Year Fully Repairing and Insuring Company Let Available
- Yielding 7.5% Yearly Return After All Costs With No Void Periods
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-04-18, Viewed 1 times.
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