11 bedroom hmo

Glodwick, Oldham, OL4 1AH

Size: sqm

Purchase price

£850,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £59,500
Net income £59,500
Gross yield 7%
Net yield 7.00%

SUPERB 11 BEDROOM HMO SPLIT ACROSS TWO BUILDINGS OFFERED WITH A GUARANTEED RETURN OF 7% NET FOR THREE YEARS! Recently refurbished investment property, finished to an excellent specification by a reputable developer and tenanted for immediate income.

Yieldit are delighted to introduce this 11 bedroom, fully licensed HMO to the market that is spread across two individual properties and has recently been extensively refurbished. Building 1 comprises; a large shared kitchen/dining area and six bedrooms, all with their own ensuite shower room. Building 2 comprises; a large kitchen/dining/lounge area with 5 double ensuite bedrooms, all with their own designated access and outside space.

The property is perfectly placed in the suburb of Glodwick, only 0.8 miles from Oldham town centre. Local bus and tram stops are also within easy reach of the property and provide links to the town centre and wider Manchester area, including the city centre and Rochdale. Oldham also has excellent road links with direct access to the M60 and M62; making it the perfect location for commuters.

Oldham is currently undergoing a huge regeneration process set to cost £24.4m. Already, a new leisure centre, modern cinema, and restaurant complex have helped improve the town centre. Oldham Council also has funding underway to boost the town’s night-time economy as well as, develop a new Arts and Heritage Centre and a new Oldham Coliseum Theatre.

Now is the time to invest - contact one of our dedicated property consultants today to find out more!

SUPERB 11 BEDROOM HMO SPLIT ACROSS TWO BUILDINGS OFFERED WITH A GUARANTEED RETURN OF 7% NET FOR THREE YEARS! Recently refurbished investment property, finished to an excellent specification by a reputable developer and tenanted for immediate income.

Interested in this property? Enquire today for more information

Key features

Key features

Fully licensed 11 bedroom HMO

Key features

7% NET return guaranteed for 3 years

Key features

High specification finish throughout

Key features

Split across two buildings

Key features

Video available on request

Key features

Extensively renovated by reputable developer

Key features

Fully furnished

Key features

Buy-to-let hotspot

Key features

Close to local amenities

Key features

Excellent commuter links

Key features

Freehold

SUPERB 11 BEDROOM HMO SPLIT ACROSS TWO BUILDINGS OFFERED WITH A GUARANTEED RETURN OF 7% NET FOR THREE YEARS! Recently refurbished investment property, finished to an excellent specification by a reputable developer and tenanted for immediate income. More info...

SUPERB 11 BEDROOM HMO SPLIT ACROSS TWO BUILDINGS OFFERED WITH A GUARANTEED RETURN OF 7% NET FOR THREE YEARS! Recently refurbished investment property, finished to an excellent specification by a reputable developer and tenanted for immediate income.

Yieldit are delighted to introduce this 11 bedroom, fully licensed HMO to the market that is spread across two individual properties and has recently been extensively refurbished. Building 1 comprises; a large shared kitchen/dining area and six bedrooms, all with their own ensuite shower room. Building 2 comprises; a large kitchen/dining/lounge area with 5 double ensuite bedrooms, all with their own designated access and outside space.

The property is perfectly placed in the suburb of Glodwick, only 0.8 miles from Oldham town centre. Local bus and tram stops are also within easy reach of the property and provide links to the town centre and wider Manchester area, including the city centre and Rochdale. Oldham also has excellent road links with direct access to the M60 and M62; making it the perfect location for commuters.

Oldham is currently undergoing a huge regeneration process set to cost £24.4m. Already, a new leisure centre, modern cinema, and restaurant complex have helped improve the town centre. Oldham Council also has funding underway to boost the town’s night-time economy as well as, develop a new Arts and Heritage Centre and a new Oldham Coliseum Theatre.

Now is the time to invest - contact one of our dedicated property consultants today to find out more!

  • Key features
    Tick Desktop Fully licensed 11 bedroom HMO
    Tick Desktop 7% NET return guaranteed for 3 years
    Tick Desktop High specification finish throughout
    Tick Desktop Split across two buildings
    Tick Desktop Video available on request
    Tick Desktop Extensively renovated by reputable developer
    Tick Desktop Fully furnished
    Tick Desktop Buy-to-let hotspot
    Tick Desktop Close to local amenities
    Tick Desktop Excellent commuter links
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £59,500
Net income £59,500
Gross yield 7%
Net yield 7.00%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.