Potential 4-Bed HMO, Oldham, OL2 7JT, £184,950

95 Rochdale Road, Oldham, OL2 7JT - a month ago

HMO
ROI: 4%
49 m²
+12 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,238

Stamp Duty & Legal Fees

£6,749

Total Cash In

£52,986

 

 

Cash Out

 

Room Rate

£375

Gross Rent

£1,500

Running Costs/mo

£1,326

Cashflow/mo

£174

Cashflow/yr

£2,091

ROI

4%

Gross Yield

10%













Property History

Listed for £184,950

February 20, 2025

Floor Plans

Description

  • 3 bedrooms +
  • 2 reception rooms +
  • Fitted kitchen +
  • Fitted bathroom +
  • Cellar +
  • Garage nearby +
  • Freehold +
  • End terraced +

This 2 bedroom 2 reception end-terraced property benefits from dual-aspect windows, allowing for an abundance of natural light compared to typical terraced homes. A fantastic opportunity for families seeking a larger home or investors looking to expand their portfolio; This property has the potential to become a 6 bedroom HMO The accommodation briefly comprises an entrance hall, a lounge (currently utilised as a fourth bedroom), a dining room, and a kitchen on the ground floor. The first floor offers three bedrooms and a family bathroom. Additional features include a cellar with potential for natural light and a nearby garage.Situated in the heart of Shaw, this property is ideally positioned close to the tram, schools, and town centre amenities.

Agent Details

Cornerstone Estates & Lettings Limited, Shaw

01706 619161

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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