4 bed end terrace house for sale

Horsedge Street, Oldham, Lancashire OL1

This well-presented, fully compliant 4-bedroom, 2-bathroom HMO-including one ensuite-offers a secure, income-generating investment in central Oldham. Fully let to working professionals, the property generates £22,140 in annual rental income, delivering a robust 14.28% gross yield with reliable occupancy and stable returns. Ideally located near the town centre, hospital, college, and key employers, it benefits from strong tenant demand, while excellent transport links via the Metrolink to Manchester and easy access to the M60 and M62 motorways enhance commuter appeal. With £285m of town centre regeneration underway alongside Greater Manchester’s ongoing growth, this property is well-positioned for both strong yields and future capital appreciation, making it an attractive hands-off investment in a high-demand rental market.

Please note: A Buyer Onboarding Fee of £250 + VAT is payable by all purchasers upon offer acceptance. This covers full aml and Proof of Funds verification, investor onboarding, and one months' access to our exclusive HMO Xchange portal and dedicated Buyer’s Space within the HMO X Hub - providing specialist guides, content, and support for HMO investors of all experience levels.

Income Breakdown (Monthly):

Room 1: £455.00
Room 2: £490.00
Room 3: £450.00
Room 4: £450.00

Total Monthly Income: £1,845.00

Total Annual Income: £22,140.00

Expenditure Breakdown (Monthly):

Gas: N/A
Electric: £350.00
Water: £42.16
Council Tax: £155.00
Broadband: £35.00
Cleaner: £65.00
Management: £246.05

Total Monthly Expenditure: £893.21

Total Annual Expenditure: £10,718.52

Investment Performance:

Net Annual Income: £11,161.44
Gross Yield: 14.12%
Net Yield: 7.20%

Compliance And Licensing

- Selective Licensing
- EPC
- eicr

- Fire Risk Assessment
- Emergency Lighting Test Certificate
- Fire Alarm Test Certificate