5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Ronald Street, Oldham, OL4
£230,000

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 property is a fantastic HMO opportunity with five bedrooms, three bathrooms, a communal lounge, and a shared kitchen, all in excellent condition. The property is currently vacant, making it an easy transition to the sale, and has the potential to generate significant rental income, 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 also has the potential to be converted into a large family home if needed, making it an attractive option for both investors and families. With a 995-year lease and ground rent of just £2.50 per annum, this property is a rare find in the market.