120 Boundary Park Road, Oldham, Lancashire, OL1 2NZ
- Unconditional Online Sale
- Offers in Excess of : £300,000
- Bedrooms: 5
- Bathrooms: 5
Fully Licensed 5-Bed All-Ensuite HMO | £36,480 Annual Income | 12.16% Gross Yield | Prime Greater Manchester Location | Near Major Employers & Amenities | Professional Tenants | Excellent Transport Links | Regeneration Area | Turnkey Investment
Description
This modern, fully licensed 5-bedroom, all-ensuite HMO presents a compelling high-yield investment opportunity in a prime Greater Manchester location. Fully tenanted by working professionals, the property generates £36,480 in annual rental income, delivering an impressive gross yield of 12.16% with strong occupancy and reliable cash flow. The all-ensuite configuration enhances tenant appeal and supports sustained demand, particularly given its proximity to major employers and local amenities. Excellent transport connectivity via rail, tram, and bus links, alongside easy access to the M60 and M62, further strengthens its commuter appeal. Supported by ongoing city region investment and housing growth, this property represents a resilient, high-performing asset with strong income and long-term growth potential in one of the UK’s most dynamic rental markets.
Lease Start Date
15/08/1910
Lease Duration
999 years (883 years unexpired)
Income Breakdown (Monthly)
| Room 1: £650.00 |
| Room 2: £595.00 |
| Room 3: £595.00 |
| Room 4: £650.00 |
| Room 5: £550.00 |
| Total Monthly Income: £3,040.00 |
| Total Annual Income: £36,480.00 |
Expenditure Breakdown (Monthly):
| Gas: £150.00 |
| Electric: £150.00 |
| Water: £38.65 |
| Council Tax: £173.31 |
| Broadband: £62.96 |
| Management (11%): £334.40 |
| Total Monthly Expenditure: £909.32 |
| Total Annual Expenditure: £10,911.84 |
| *Broadband - Vendor is currently on a flexi-contract as he's selling but a fixed term contract with same provider is around £25 pcm |
| *Cleaning included in management fee - Lower management fees available locally as little as 8% |
Investment Performance:
| Net Annual Income: £25,568.16 |
| Gross Yield: 12.16% |
| Net Yield: 8.52% |
Committed Sale Process
This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.
If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.
Full details of the Committed Sale process are available within the legal pack or from the HMO X team.
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