Latest Valuation
£310,000
ROCE
10%
Location
Oldham

Modernised 8 Bed En-Suite HMO with Guaranteed Rent

Buy the property on an interest only mortgage, hand over the keys and enjoy a fixed rent for the next 5 years.
Guide Price
£310,000

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Key Features

  • Guaranteed rent
  • 5 year term - extendable
  • 8 bed HMO all en-suite
  • Fixed rent for 5 years
  • Hands-off investment - turnkey investment

The Property

This is an excellent refurbished and modernised 8 bed en-suite HMO with and ROCE of 10%.

Fully modernised and refurbished house which has been custom designed for house sharing with high spec kitchen/utility and modern tasteful décor boasting all brand new furniture, carpets, flooring, and appliances throughout.

All of the bedrooms at the property have their own en-suite and are complete with bed, chest of drawers, bedside table and wardrobe. The whole house is fitted with the latest safety equipment including wired smoke detector to all bedrooms, thumb turn knobs to inside of all bedroom doors, heat/smoke detector to kitchen area including fire blanket and brand new fire doors throughout. Leasehold remaining 870 years, ground rent £5.00 pa

Planning Information

N/A

The Plan

• Exclusive off-market opportunity to purchase this 8 bed all en-suite HMO
• Guaranteed rent for 5 years starting on the day you complete and extendable

The Financials:

Purchase price: £310,000
Sourcing fee: £10,000
ROCE: 10%

The Location

Located only 1.1. miles from the Royal Oldham hospital and a short walking distance from Oldham town centre and metro link stations.

Average estimated value for a house in

£

Oldham has had 21% growth in the last 5 years and 5.9% growth in the last year.

The rental stock had a 93% turnover in the last month showing a very high demand and expected rises in future rents.

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