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3 bedroom terraced house for sale
Greenacres Road, Oldham, OL4
£125,000
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.