Residential HMO Unit For Sale in Oldham, Lancashire, OL1

This property is marketed by:
Whozoo

Residential HMO Development For Sale

Key Features

• Great for investors
• Opportunity to acquire a 999 year lease
• Central Location
• Fully tenanted bringing in £31,800 Per Annum gross income
• Contains 5 ensuite rooms with shared kitchen

Description

Long Leasehold HMO unit currently operating as private rentals, with potential to be transitioned to social housing on a phased basis to reduce outgoings and enhance returns. 5 Ensuited Rooms with a Diner/Kitchen. Centrally located in Oldham Town Centre within a complex of HMO's offices, and commercial buildings. £31,800 per annum gross income with scope to increase a new 999 year lease.