- Fully let 4-bedroom HMO with tenants in situ +
- Current rental income: £2,231.65pcm, rising to £2,340pcm from March 2026 +
- Strong net yield at 10% now and increasing to 10.6% with upcoming rent rises +
- Licensed HMO compliant until July 2027 +
- EPC rating: C until May 2035 +
- Long peppercorn lease +
FOR SALE: Coalshaw Green Road, OL9 8JS
Asking Price: £215,000
Property Overview
Type: House in Multiple Occupation (HMO)
Bedrooms: 4
Bathroom (en-suite): 4
Storeys: 2
Kitchens: 1
Maximum Occupants: 8
Maximum Households: 1
Licence Type: Selective Licence
Licence Reference: OLH-
Licence Start Date: 24/10/2025
Licence End Date: 03/07/2027
EPC Rating: C (valid until May 2035)
Tenancy Details
The property is fully let with tenants in situ, providing an immediate income stream.
Current Total Rental Income: £2,231.65 pcm / £26,779.80 per annum
Potential Income from March 2026: £2,340 pcm / £28,080 per annum
Outgoing Costs
Total Annual Outgoings: £5,243.28
Net Annual Return
Current Net Income: £21,536.52
Net Yield: 10.0%
Projected Net Income (from March 2026): £22,836.72
Projected Yield: 10.6%
Investment Highlights
Fully let HMO providing immediate income
Strong rental yield with potential for growth
Convenient location with access to local amenities and transport links
EPC rating C until 2035, ensuring energy efficiency standards are met
Licensed HMO, compliant with local regulations