4 bedroom hmo

Coalshaw Green Road, Chadderton, Oldham, OL9 8JS

Size: sqm

Purchase price

£200,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £26,400
Net income £19,200
Gross yield 13.2%
Net yield 9.60%

If you’re looking to add a high yielding, perfectly located HMO property to your portfolio then look no further than this incredible investment which is already fully operational and yielding 9.40% NET. Coalshaw Green Road has benefited from extensive renovation in recent years to bring it up to its current standard with no expense spared on the high-quality finish throughout. The property is fully let on individual tenancies and does not require a HMO license.

Internally the property is fully furnished consists of entrance hallway leading to the modern fully fitted kitchen with integrated appliances. Each of the four double bedrooms are furnished with a double bed, wardrobe and chest of drawers. Each room also has the luxury of a private stylish ensuite containing sink, shower cubicle and toilet.

Coalshaw Green Road is located in the very popular and convenient Greater Manchester suburb of Chadderton. The nearest Metrolink stop is just 1 mile from the property which is served by the East Didsurbury to Rochdale Town Centre line, providing fast and frequent services to Manchester city centre. The nearest junction of the M60 motorway is too just a mile from the property and there are an abundance of local amenities and shops within easy reach, with Coalshaw Green Park directly to the rear of the property.

Greater Manchester consistently sits among the highest performing cities in Europe and its population is ever increasing meaning there is a continuous demand for good quality rental accommodation. The city attracts a high number of young professionals thanks to the lifestyle, employment opportunities and educational facilities that it has on offer. Savills predicts average property prices in the North West region will grow by 18.8% by 2026, which is well above the average five-year growth rate for the UK (13.1%) so there hasn’t ever been a better time to invest. Enquire early to avoid disappointment.

ATTENTION INVESTORS - A FANTASTIC HMO YIELDING ABOVE 9.40% NET! Fully operational and tenanted four bedroom property finished to a fantastic standard.

Interested in this property? Enquire today for more information

Key features

Key features

Fantastic opportunity for investment

Key features

Generating a 9.4% NET yield

Key features

Fully tenanted

Key features

HMO license not required

Key features

Four double ensuite bedrooms

Key features

High quality finish throughout

Key features

Excellent location

Key features

Close to everyday amenities

Key features

Unrivalled transport links

Key features

Enquire early to avoid disappointment

Key features

Freehold

ATTENTION INVESTORS - A FANTASTIC HMO YIELDING ABOVE 9.40% NET! Fully operational and tenanted four bedroom property finished to a fantastic standard. More info...

If you’re looking to add a high yielding, perfectly located HMO property to your portfolio then look no further than this incredible investment which is already fully operational and yielding 9.40% NET. Coalshaw Green Road has benefited from extensive renovation in recent years to bring it up to its current standard with no expense spared on the high-quality finish throughout. The property is fully let on individual tenancies and does not require a HMO license.

Internally the property is fully furnished consists of entrance hallway leading to the modern fully fitted kitchen with integrated appliances. Each of the four double bedrooms are furnished with a double bed, wardrobe and chest of drawers. Each room also has the luxury of a private stylish ensuite containing sink, shower cubicle and toilet.

Coalshaw Green Road is located in the very popular and convenient Greater Manchester suburb of Chadderton. The nearest Metrolink stop is just 1 mile from the property which is served by the East Didsurbury to Rochdale Town Centre line, providing fast and frequent services to Manchester city centre. The nearest junction of the M60 motorway is too just a mile from the property and there are an abundance of local amenities and shops within easy reach, with Coalshaw Green Park directly to the rear of the property.

Greater Manchester consistently sits among the highest performing cities in Europe and its population is ever increasing meaning there is a continuous demand for good quality rental accommodation. The city attracts a high number of young professionals thanks to the lifestyle, employment opportunities and educational facilities that it has on offer. Savills predicts average property prices in the North West region will grow by 18.8% by 2026, which is well above the average five-year growth rate for the UK (13.1%) so there hasn’t ever been a better time to invest. Enquire early to avoid disappointment.

  • Key features
    Tick Desktop Fantastic opportunity for investment
    Tick Desktop Generating a 9.4% NET yield
    Tick Desktop Fully tenanted
    Tick Desktop HMO license not required
    Tick Desktop Four double ensuite bedrooms
    Tick Desktop High quality finish throughout
    Tick Desktop Excellent location
    Tick Desktop Close to everyday amenities
    Tick Desktop Unrivalled transport links
    Tick Desktop Enquire early to avoid disappointment
    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 £26,400
Net income £19,200
Gross yield 13.2%
Net yield 9.60%

*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.