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Redgrave Street, Oldham

For Sale • £ Enquire • Property

Property Description

LOCATION
OL4 2EA

DESCRIPTION
A fully modernised three storey, five bedroom (all ensuite) mid terraced property. The whole property is currently let on a five year repairing lease to a housing association with a passing rent of £21,418.80 per annum exclusive and therefore represents a 9.7% gross yield based upon the asking price. The property is a fully licences H.M.O. with Oldham MBC and has undergone a full refurbishment throughout with all rooms benefitting from an ensuite, kitchenette and electric meter. All bedrooms comfortably exceed the minimum social housing requirement. This property represents a solid residential investment with a strong covenant providing a healthy return

OUTGOINGS
Council Band

LEGAL COSTS
If sold, each party are to bear their own legal costs incurred in connection with the transaction.

VIEWING
Strictly by appointment with the agent Kirkham Property - 509 Middleton Road, Chadderton, Oldham OL9 9SH - Please call 0161 925 3759 or email kath@kirkham-property.co.uk

Details

  • Property
  • Oldham
  • £ Enquire 
  • For Sale

Location

Agent

  • Kirkham Property Chadderton logo
    Kirkham Property Chadderton
    509 Middleton Road
    Chadderton
    Oldham OL9 9SH
    0161 626 5688

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