3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Greenacres Road, Oldham, OL4
£125,000

Price History

Initial price £160,000
19/09/24 £157,000
27/09/24 £150,000
04/10/24 £147,000
11/10/24 £145,000
17/10/24 £125,000
Price Change -21.88%

Description

This 3-bedroom mid-terrace house in Oldham is an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features three bedrooms, a lounge, kitchen, and an ensuite. Currently, it generates an annual gross income of £10,800, which could be increased to £12,732 with the new owner by negotiating a market rate with the long-term tenants who are currently situated in the property. The tenants have a strong track record of paying their rent on time and have no plans to move out, making for a reliable and consistent income stream. With a competitive purchase price, this property has the potential to be a worthwhile addition to an investor's portfolio.