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Unit 6 Ascroft Court, Peter Street, Oldham, Greater Manchester, OL1

£255,000

£213.39 per sq ft

Business rates & charges may apply

Whozoo, London
SIZE AVAILABLE

1,195 sq ft

111 sq m

SECTOR

Residential development for sale

Key features

  • Great for investors
  • Opportunity to acquire a 999 year lease
  • Central Location
  • Fully tenanted bringing in £36,600 Per Annum gross income
  • Contains 5 ensuite rooms with shared kitchen

Description

An attractive income-producing HMO investment opportunity located in the heart of Oldham Town Centre, offering established rental income together with potential for future growth.
 
The property comprises five well-proportioned en-suite bedrooms, alongside a communal kitchen and dining area, providing practical and comfortable accommodation for individual occupiers. The unit is currently operating within the private rental market and forms part of a wider mixed-use development comprising other HMO accommodation, offices and commercial premises.
 
The property currently generates a gross annual rental income of approximately £36,600 Per Annum, with scope to enhance returns through future rental increases and active management.
 
Its central location provides convenient access to Oldham town centre amenities, local shops, public transport connections and surrounding employment areas, helping support ongoing tenant demand.
 
The property is to be offered with a new 999-year lease, making this a particularly appealing opportunity for investors seeking a long-term, income-producing residential asset.

Energy Performance Certificates

EPC 1EPC 2EPC 3EPC 4

Brochures

Unit 6 Ascroft Court, Peter Street, Oldham, Greater Manchester, OL1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Oldham Mumps Station0.5 miles
  • Westwood Tram Stop0.5 miles
  • Derker Tram Stop0.8 miles

About Whozoo, London

Unit 2, 2 Delacourt Road, London, SE3 8XA

Whozoo is a leading commercial and development agency, offering expert property services across the UK. With a deep understanding of the market, we help clients navigate every stage of the commercial property process, from acquisition and disposal to development and investment. Our nationwide reach ensures that businesses, developers, and investors receive tailored solutions that align with their goals and maximize their property's potential.

Notes

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Disclaimer - Property reference LON000A54. 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 Whozoo, London. 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.