Kennedy Street, Oldham, Greater Manchester, OL8
- PROPERTY TYPE
Flat
- BEDROOMS
3
- BATHROOMS
2
- SIZE
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Description
Term: 999 years from 29 September 1871.
Ground Rent: £2
We are pleased to offer this property, which has been converted into two separate flats, presenting an excellent investment opportunity. The property is in good condition throughout and provides two well-maintained, self-contained units: a ground-floor studio and a spacious two-bedroom flat on the first floor.
Ground Floor - Studio Flat: The ground floor has been converted into a studio flat. The flat features an open-plan layout that maximizes the use of space, with a comfortable living area, modern kitchenette, and a separate shower room. Ideal for a single professional or couple, this studio has been finished to a high standard and is currently achieving £650 per month in rent.
First Floor - Two Bedroom Flat: Upstairs, the two-bedroom flat provides generous living accommodation, with two well-sized double bedrooms, and a living room with a fully equipped kitchen, and a family bathroom. This flat is perfect for a small family or professional sharers. It is currently being rented out for £750 per month.
Investment Potential: Together, both flats are currently generating a total rental income of £1,400 per month (£650 for the studio and £750 for the two-bedroom flat). However, there is significant potential for increased rental income, with the possibility of achieving £1,600 per month in total, providing an excellent opportunity for future growth.
At this rental income, the property offers a potential yield of over 11%, making it an attractive proposition for investors seeking a high return on their investment.
Viewing Highly Recommended: This property is ideally located and offers excellent value for money in today’s market. Given its current condition, rental potential, and attractive yield, we highly recommend arranging a viewing to fully appreciate the opportunity it presents.
Don't miss out on this fantastic investment property—book your viewing today!
Brochures
Particulars- 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
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- 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
Kennedy Street, Oldham, Greater Manchester, OL8
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About Bridgfords, Ashton-Under-Lyne
6 Fletcher Street, Ashton-Under-Lyne, OL6 6BY
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Visit our security centre to find out moreDisclaimer - Property reference AUL250196. 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 Bridgfords, Ashton-Under-Lyne. 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.
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