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4 bed property
Redgrave Street, Oldham OL4
Auction
£150,000
Next Steps
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Price History
Initial price £160,000
Current price £150,000
Price Change 0.0%
Our Summary
- Investment opportunity
- **MODERN METHOD AUCTION** Located on Redgrave Street in Oldham, this investment property presents a remarkable opportunity for those seeking an addition to their portfolio
- With all rooms currently occupied, this investment not only promises immediate returns but also the potential for long-term growth in a thriving area
- With its strategic location and established rental history, it represents a sound investment opportunity that should not be overlooked
- This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period")
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Description
The property, located on Redgrave Street in Oldham, is a four-bedroom house built in 1930. It has been thoughtfully converted into a House in Multiple Occupation (HMO), spanning 818 square feet and providing a practical layout for shared living. The property includes three bathrooms, two of which are en suite, and a well-equipped shared kitchen.
The house has a current tenancy arrangement, generating a steady rental income of £2040 per calendar month, and offers the potential for long-term growth in a thriving area.