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4 Bed HMO, Oldham, OL1 3DP £160,000

Horsedge Street, Oldham, Lancashire, OL1 3DP - a month ago
  1. Deal Search
  2. Oldham
  3. OL1
  4. OL1 3DP
Leasehold
HMO
Inside Article 4
ROI: 21%
~83 m²

ValuationUndervalued

AI score: 90/100. Please verify valuations.

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Links

  • More Deals in Oldham
  • More Deals in OL1
  • More HMO Deals
  • More HMO Deals in Oldham
  • More HMO Deals in OL1

Property History

Listed for £160,000

November 6, 2025

Sold for £69,950

2020

Sold for £12,750

1999

Floor Plans

Description

  • 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.

Agent Details

HMOX Ltd, Bournemouth

01746 335360

Next Steps?

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

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Cashflows

AI score: 90/100. Please verify calculations.

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