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Oldham Road, OL4

Key features

  • SOLD WITH TENANT IN SITU
  • TWO SEPARATE, SELF-CONTAINED ONE-BEDROOM APARTMENTS
  • EPC RATING: C FOR BOTH APARTMENTS
  • TWO OFF-ROAD PARKING SPACES
  • GROUND FLOOR FLAT (APPROX. 311 SQ. FT)
  • FIRST & SECOND FLOOR DUPLEX FLAT (APPROX. 547 SQ. FT)
  • COMBINED POTENTIAL RENTAL INCOME: £18,000 PER ANNUM

Description

Portfolio Properties are pleased to bring to market this beautifully presented stone property in the heart of Saddleworth, thoughtfully converted into two self-contained one-bedroom apartments. This property offers an excellent investment opportunity with strong rental potential and a desirable location close to Lydgate and Grasscroft.

Property Overview
* TWO SEPARATE, SELF-CONTAINED ONE-BEDROOM APARTMENTS
* EPC RATING: C FOR BOTH UNITS
* TWO OFF-ROAD PARKING SPACES
* GROUND FLOOR FLAT (APPROX. 311 SQ. FT)
* FIRST & SECOND FLOOR DUPLEX FLAT (APPROX. 547 SQ. FT)
* COMBINED POTENTIAL RENTAL INCOME: £18,000 PER ANNUM
* SOLD WITH TENANT IN SITU

Accommodation Details

Ground Floor Apartment:
Accessed from Oldham Road, this apartment features a bright open plan living and dining area, modern fitted kitchen, and a double bedroom with an en-suite shower room.

* Currently vacant - estimated market rent £650 pcm

First & Second Floor Duplex:
Accessed via a rear external staircase, the duplex offers a stylish open-plan kitchen and living space on the first floor, with a spacious double bedroom and bathroom on the upper floor.

* Currently tenanted at £675 pcm (below market rate)
* Market rent estimated at £800-£850 pcm

Location
Positioned in a highly sought-after area of Saddleworth, the property benefits from easy access to local amenities, popular pubs and eateries, and excellent transport links. Lydgate and Grasscroft are both just moments away, offering a desirable village lifestyle with convenient connections to Oldham and Manchester.

Investment Highlights
* Strong yield potential with achievable rent of approx. £18,000 per annum
* Both apartments in good condition throughout
* Desirable Saddleworth location with high tenant demand
* Freehold title with two off-road parking spaces


This is a rare opportunity to acquire a ready-made investment in one of Saddleworth's most desirable settings. Both apartments are well-finished and maintained, offering immediate rental income with scope for uplift.

Viewings & Next Steps
Properties at this price attract strong interest. For investors and serious buyers, we recommend early inspection to evaluate rental rates, refurbishment costings and yield assumptions.

Early viewing is highly recommended as the photos don't fully capture the quality and character of this conversion


Disclaimer - Portfolio Properties believe all the particulars given to be accurate. They have not tested or inspected any equipment, apparatus, fixtures or fittings and cannot, therefore, offer any proof or confirmation as to their condition or fitness for purpose thereof.

The purchaser is advised to obtain the necessary verification from the solicitor or the surveyor. All measurements given are approximate and for guide purposes only and should not be relied upon as accurate for the purpose of buying fixtures, floor-coverings, etc. The buyer should satisfy him/herself of all measurements prior to purchase.

Before we can accept an offer for any property, we will need certain information from you which will enable us to qualify your offer. If you are making a cash offer which is not dependent upon the sale of another property, we will require proof of funds.

You should be advised that any approach to a bank, building society or solicitor before we have qualified your offer may result in legal or survey fees being lost. In addition, any delay may result in the property being offered to someone else.

ANTI-MONEY LAUNDERING REGULATIONS
In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser.

Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Portfolio Properties will not be held responsible for any failure to disclose any such defects.
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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Oldham Road, OL4

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About Portfolio Properties, Manchester

Prospect House, Featherstall Road South, Oldham, OL9 6HT
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

PORTFOLIO is one of the most successful agents in Manchester for Sales, Investments and Lettings.

Whether you are looking to Buy, Rent or Lease a property PORTFOLIO is the right place for you.

We provide an array of property related services including: cleaning, repairs, inventories, referencing and credit checks to take the hassle away from you as a busy Landlord. We offer a fair price for our professional services. Whether it be full management or just a tenant finding service.

Your mortgage

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Disclaimer - Property reference LYDGATE. 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 Portfolio Properties, Manchester. 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.

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