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23 bedroom house for sale
256A & 258 Honeywell Lane, Oldham
£720,000
256A & 258 Honeywell Lane, Oldham
£720,000
Price History
Initial price | £750,000 |
10/09/24 | £720,000 |
Price Change | -4.00% |
Description
This property is a large plot of three properties on a single site in Oldham, comprising four buildings with planning permission to expand further. The site generates a gross income of £132,000 per annum from 17 HMO-licensed accommodations and 6 private lets, with a total floor area of approximately 6,300 square feet. The properties have been operating for 45 years, with 19 years under the current owner, and are located just 5 minutes from Oldham town centre, with easy access to local amenities and transport links. The site also features planning permission for a fifth building at the rear to house two self-contained studios.