- Mid terraced HMO property for sale +
- Generating £31,080 rental income per annum +
- Freehold property +
- Net rental return of 9.7% +
- Long standing managing agent in place +
- Well presented throughout +
The Perfect Addition to Your Portfolio
We are delighted to present this fantastic mid-terrace HMO investment property located on Trinity Street, Oldham. This well-presented 5-bedroom, 5-bathroom (all en-suites) property benefits from a kitchen and loft extension, providing generous living accommodation perfectly tailored for HMO use.
With an asking price of £240,000, this property offers instant income, a gross yield of approximately 13%,
Property Highlights
* Freehold - no ground rent or service charges.
* Current Rent: £2,590pcm (£31,080 per annum)
* Gross Yield: 13% at asking price.
* Five Bedrooms & 5 Ensuites
* Communal Kitchen
* Mid-terrace HMO with a full licence in place
* Professional management in place - no need for day-to-day involvement
* Excellent cash flow potential with professional management
Investment Snapshot
* Asking Price: £240,000
* Rental Income: £2,590pcm / £31,080pa
* Gross Yield: 13%
* Freehold: Yes
This combination of solid yield, strong tenant demand, and capital growth potential makes Trinity Street a turnkey investment with immediate returns.