5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Boundary Park Road, Oldham
£280,000

Our Summary

  • TO BE SOLD BY ONLINE AUCTION ON 22ND JANUARY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS

Description

This five-bedroom, two-kitchen house of multiple occupancy is a fantastic investment opportunity for investors and HMO landlords. Located in a popular residential area of Oldham, just four minutes' walk from Royal Oldham Hospital, the property is fully let and generates a healthy £40,740 per annum. The property has been renovated to a high standard and features five bedrooms, each with its own en-suite facilities, as well as two kitchens. The property has a 5-year HMO license from Oldham Council and has a RICS valuation of £400,000. The tenancy agreements are already in place, with rents ranging from £595 to £750 per month. The property is situated in a sought-after area with easy access to local amenities, schools, and transport links, making it a prime investment for landlords looking to capitalize on a thriving rental market.
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