Horsedge Street, Oldham, Lancashire

Under Offer

4 3

£160,000 Offers Over Terraced house for sale
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Under Offer
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Description

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 £24,060 in annual rental income, delivering a robust 15.04% 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.

Gross Yield: 15.04%

Income Breakdown (Monthly):
Room 1: £540.00 Room 2: £520.00 Room 3: £480.00 Room 4: £465.00 Total Monthly Income: £2,005.00 Total Annual Income: £24,060.00
Expenditure Breakdown (Monthly):
Gas: N/A Electric: £450.00 Water: £38.09 Council Tax: £155.00 Broadband: £35.00 Cleaner: £65.00 Management: £259.20 Total Monthly Expenditure: £1,002.29 Total Annual Expenditure: £12,027.48
Investment Performance:
Net Annual Income: £11,012.52 Gross Yield: 14.40% Net Yield: 6.88%
Compliance and Licensing
- Selective Licensing - EPC - EICR - Fire Risk Assessment - Emergency Lighting Test Certificate - Fire Alarm Test Certificate
Reference: XFG-90022922

Area Description

No area description is available for this property.

Additional Details

  • Bedrooms: 4 Bedrooms
  • Bathrooms: 3 Bathrooms
  • Ensuites: 2 Ensuites
  • Kitchens: 1 Kitchen
  • Tenure: Leasehold
  • Lease Duration: 990 years
  • Lease Remaining: 862 years
  • Rights and Easements: Ask Agent
  • Risks: Ask Agent

Additional Features

  • Accessibility - Not Suitable for Wheelchair Users
  • Investment Opportunity

Broadband Speeds

  • Download: 9mbps - 1800mbps
  • Upload: 0.9mbps - 220mbps

Estimated broadband speeds provided by Ofcom for this property's postcode.

20250703095955_Floorplan_121388_TYE5H Energy Efficiency Chart

Videos

Features

  • 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 £24,060 delivering 15.04% yield

Enquiry

To make an enquiry for this property, please call us on 0330 4415 888, or complete the form below.

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