£255,000
(£210.74/sq. ft)
Property for saleUnit 8 Ascroft Court, Peter Street, Oldham, Greater Manchester OL1
1,210 sq. ft
Just added
Leasehold
About this property
Great for investors
Opportunity to acquire a 999 year lease
Central Location
Fully tenanted bringing in £33,000 Per Annum gross income
Contains 5 ensuite rooms with shared kitchen
An attractive income-producing HMO investment opportunity located in the heart of Oldham Town Centre, offering established rental income together with potential for future growth.
The property comprises five well-proportioned en-suite bedrooms, alongside a communal kitchen and dining area, providing practical and comfortable accommodation for individual occupiers. The unit is currently operating within the private rental market and forms part of a wider mixed-use development comprising other HMO accommodation, offices and commercial premises.
The property currently generates a gross annual rental income of approximately £33,000 Per Annum, with scope to enhance returns through future rental increases and active management.
Its central location provides convenient access to Oldham town centre amenities, local shops, public transport connections and surrounding employment areas, helping support ongoing tenant demand.
The property is to be offered with a new 999-year lease, making this a particularly appealing opportunity for investors seeking a long-term, income-producing residential asset.
The property comprises five well-proportioned en-suite bedrooms, alongside a communal kitchen and dining area, providing practical and comfortable accommodation for individual occupiers. The unit is currently operating within the private rental market and forms part of a wider mixed-use development comprising other HMO accommodation, offices and commercial premises.
The property currently generates a gross annual rental income of approximately £33,000 Per Annum, with scope to enhance returns through future rental increases and active management.
Its central location provides convenient access to Oldham town centre amenities, local shops, public transport connections and surrounding employment areas, helping support ongoing tenant demand.
The property is to be offered with a new 999-year lease, making this a particularly appealing opportunity for investors seeking a long-term, income-producing residential asset.
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Monthly repayment
£1,275 per month
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