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
If sold, each party are to bear their own legal costs incurred in connection with the transaction.
Strictly by appointment with the agent Kirkham Property - 509 Middleton Road, Chadderton, Oldham OL9 9SH - Please call 0161 925 3759 or email firstname.lastname@example.org