4 bed property for sale
Horsedge Street, Oldham, Lancashire OL1

- 4 beds
- 3 baths
EPC Rating: D

Leasehold

Added on 26/08/2025

About this property

Property Layout – 4 bed, 3 bath HMO (2 ensuite), modern and well-maintained
Tenant Type – Fully tenanted by working professionals, ensuring steady rental income
Strategic Location – Central Oldham near town centre, hospital, university campus and key employers
Transport & Connectivity – Excellent Metrolink services to Manchester, plus easy M60/M62 motorway access
Regeneration Benefits – £285m town centre regeneration and wider Greater Manchester growth boosting demand
High Rental Income & Strong Yield – Gross annual income £23,040 delivering 14.40% yield

This well-presented, fully compliant 4-bedroom, 3-bathroom HMO-including two ensuites-offers a secure, income-generating investment in central Oldham. Fully let to working professionals, the property generates £23,040 in annual rental income, delivering a robust 14.40% 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: £520.00
Room 2: £510.00
Room 3: £475.00
Room 4: £415.00

Total Monthly Income: £1,920.00

Total Annual Income: £23,040.00

Expenditure Breakdown (Monthly):

Gas: N/A
Electric: £450.00
Water: £38.09
Council Tax: £155.00
Broadband: £35.00
Cleaner: £65.00
Management: £259.20

Total Monthly Expenditure: £1,002.29

Total Annual Expenditure: £12,027.48

Investment Performance:

Net Annual Income: £11,012.52
Gross Yield: 14.40%
Net Yield: 6.88%

Compliance And Licensing

- Selective Licensing
- EPC
- eicr

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