- 6-bedroom licensed HMO +
- Split over three floors +
- EPC Rating: C +
- Fully tenanted with working professionals +
- Gross Rental Income: £38,940 per annum +
- Strong, proven rental income +
Investment Opportunity - 260A Broadway, Chadderton, OL9 9QY
High-Yield Fully Let HMO Investment
We are delighted to offer for sale this fully tenanted six-bedroom HMO located in the popular residential area of Chadderton, Oldham. This property is an ideal investment for buy-to-let investors seeking a strong, reliable income from day one.
Property Overview
6-bedroom licensed HMO
Split over three floors
EPC Rating: C
Fully tenanted with working professionals
Strong, proven rental income
HMO licence in place
Accommodation Layout
Ground Floor
One bedroom
Living room
Kitchen
Downstairs WC
First Floor
Three bedrooms
Shower room
Bathroom
Second Floor
Two bedrooms
Kitchen
The property is well-configured for professional HMO living, providing ample communal space, privacy, and tenant comfort.
Tenancy & Income
Fully tenanted to professional tenants
Gross Rental Income: £38,940 per annum
Net Income: £32,400 per annum
Market Price: £340,000
Investment Yields
Gross Yield: 11.45%
Net Yield: 9.53%
These yields position the property as a high-return, low-risk investment in the current market.
Investment Highlights
Turn-key income from a fully let professional HMO
High demand location with strong rental growth potential
Well-maintained property with EPC C rating
Ideal for investors looking to expand or diversify their HMO portfolio
Summary
260A Broadway presents a rare opportunity to acquire a high-yield, fully let HMO in a sought-after area. The property offers immediate income, excellent net returns, and strong tenant demand, making it an attractive addition to any property investment portfolio.