SSTC | Randolph Street, Oldham

Investment Opportunity – 3-Bedroom Terraced House in Oldham

Overview
This three-bedroom terraced house in Oldham is an excellent investment opportunity, currently let at £795 PCM to a long-term tenant of seven years. With scope for future rental increases, this property provides steady rental income in a high-demand area. Featuring a double lounge, a fitted kitchen, a rear lean-to shed and private yard, and 3 bedrooms and a family bathroom to the first floor, it offers a versatile living space, attractive to a large proportion of the rental market. The property requires some maintenance but remains a strong buy-to-let option in one of the UK’s top investment hotspots.

For Investors
Strong Rental Yield: Currently achieving £795 PCM, with potential for rental growth.
Growing Market: Greater Manchester remains a top investment location due to ongoing regeneration and rising property demand.
Long Leasehold: 865 years remaining, ensuring long-term security for investors.
Affordable Entry Point: Priced OIEO £125,000, offering strong value compared to regional property trends.

Local Amenities
Schools: Well-regarded options nearby, including Oasis Academy Limeside.
Healthcare: Multiple GP surgeries and clinics within easy reach.
Parks & Recreation: Green spaces and local leisure facilities nearby.
Shopping & Dining: Oldham town centre offers a range of supermarkets, shops, and eateries.

Transport Links
Road: Quick access to the M60 for commuting into Manchester and beyond.
Public Transport: Regular bus routes serve the area, connecting to Oldham and central Manchester.
Rail: Manchester Victoria and Oldham tram services provide access to wider transport networks.

Key Facts
EPC Rating: C
Council Tax Band: A (£1,554 per year)
Tenure: Leasehold (865 years remaining). Ground rent of £2.50PA
Floor Area: 871 ft² (81 m²)
Broadband: Superfast (80 Mbps) and Ultrafast (up to 10,000 Mbps) available

This property presents a fantastic opportunity for investors looking for a reliable, income-generating asset in a high-demand rental area.

Buyers information pack