Property photos
Freehold
Offers in region of
£270,000
(£322/sq. ft)
5 bed end terrace house for sale
Oldham Road, Ashton-Under-Lyne OL75 beds
2 baths
1 reception
840 sq. ft
Key Information
Local area information
Property location
Nearby amenities
- Canon Burrows CofE Primary School 0.1 miles
- Waterloo Primary School 0.2 miles
- Ashton-under-Lyne 0.9 miles
- Guide Bridge 1.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- On street/residents parking
- Rear Yard
Introducing a brilliant investment opportunity, this 5 Bedroom 2 Bathroom HMO stands very close to Ashton town centre.
The property will be on a Long Term 5 Year Lease which will be Renewed with any new potential owner.
No voids and rent paid every month from the month of purchase.
The property is having a full back to brick refurb which is due to complete end of May 2024, including brand new boiler and electrics before being leased to the current Supported Housing Tenant. All furnishings included.
Guaranteed Annual Net Rent of £26,000.00 with No Management Fees.
The current tenant is responsible for all day to day repairs, utility bills and management whilst the landlord is only responsible for the gas, electric and water mains repairs, along with ensuring the annual compliance certificates are renewed.
In summary, this is a 5 bed HMO opportunity in a highly sought-after location, with substantial income. The rents can be reviewed on an annual basis and the monthly rent is at £2166.66pcm Net.
The property will be on a Long Term 5 Year Lease which will be Renewed with any new potential owner.
No voids and rent paid every month from the month of purchase.
The property is having a full back to brick refurb which is due to complete end of May 2024, including brand new boiler and electrics before being leased to the current Supported Housing Tenant. All furnishings included.
Guaranteed Annual Net Rent of £26,000.00 with No Management Fees.
The current tenant is responsible for all day to day repairs, utility bills and management whilst the landlord is only responsible for the gas, electric and water mains repairs, along with ensuring the annual compliance certificates are renewed.
In summary, this is a 5 bed HMO opportunity in a highly sought-after location, with substantial income. The rents can be reviewed on an annual basis and the monthly rent is at £2166.66pcm Net.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
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Listed by
Sell Now Limited
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