Skip to content

Glodwick & Brompton House, 141 Brompton Street, Oldham, OL4 1AG

Key features

  • 2 Beautifully Presented Properties
  • 11 Rooms In Total, Including All Ensuite/ Some Kitchenette
  • Gross Income £88,080.00 PA
  • Centrally Located in Oldham With High Demand For Co-Living/HMO
  • Comprehensive, High-Specification Refurbishment Completed In 2023
  • Fully Licensed and Compliant
  • Independent RICS Valuation Report
  • Income Producing From Day One
  • 3 Year Fully Repairing and Insuring Company Let Available
  • Yielding 7.5% Yearly Return After All Costs With No Void Periods

Description

Introducing two fantastic investment properties – two recently refurbished HMOs offering comfortable and contemporary living. Nestled in a sought-after neighbourhood and offering lucrative returns. Consisting of 2 properties renovated from a former leisure centre, there are 11 rooms in total, each with its own kitchenette and ensuite, as well as shared living areas, the property offers both privacy and the ability to coercively share these well presented spaces. Finished to a high standard, each HMO presents a combination of modern aesthetics and practicality, offering tenants comfort and convenience. With their strategic locations and good quality renovations, these two HMO properties set a good standard for shared accommodations.

Situated in Greater Manchester, this vibrant area offers a range of facilities. With convenient access to major transport networks including the M60 motorway and Oldham's well-connected public transportation system. The local area offers a diverse range of amenities, including shopping centres, supermarkets, restaurants, and leisure facilities. The area is known for its rich history and cultural heritage, as well as beautiful parks and green spaces scattered throughout the area.

Income:
Glodwick - Room 1 £550 / Room 2 £550 / Room 3 £550 / 
Room 4 £550 / Room 5 £550 / Room 6 £550 /
Total; £3,300 PCM / £39,600 PA

Brompton House - Room 1 £800 / Room 2 £800 / Room 3 £840 / 
Room 4 £800 / Room 5 £800
Total; £4,040 PCM / £48,480 PA
 
Combined Total PCM £7,340 / PA £88,080.00

Combined Expenditure:
Electric £516.66 / Water £58.33 / Council Tax £287 / Broadband £60 / Cleaner £130 /
Total; £1,051.99 PCM / £12,623.88 PA
*Existing management can be retained for 8% of the gross rent

Buyer's Fee Applies

Brochures

Brochure of Glodwick & Brompton House

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: A

Glodwick & Brompton House, 141 Brompton Street, Oldham, OL4 1AG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Oldham Mumps Station0.5 miles
  • Derker Tram Stop1.1 miles
  • Westwood Tram Stop1.3 miles
Check how much you can borrow
Get a Mortgage in Principle
You'll have a personalised result in just 20 minutes and you could get viewings faster when you find the home you want, with no impact on your credit score.Powered bynationwide
Recently sold & under offer
See similar nearby properties

About the agent

Investinhmos.co.uk, Huddersfield

HD8 8EL

Investinhmos.co.uk, Huddersfield

Investinhmos.co.uk is a leading UK investment property company, offering expert guidance and support to investors looking to maximise their returns in the lucrative UK property market. With a focus on high-yield HMO properties.

More properties from this agent

Industry affiliations

Ombudsman for REsale Estate Agents (no OFT logo)

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference TSC-18807156. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Investinhmos.co.uk, Huddersfield. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.