4 bed property for sale

Horsedge Street, Oldham, Lancashire OL1

Attractive HMO Investment Opportunity

Address: 225 Horsedge Street, Oldham, OL1 3DP
Property Type: 4-Bed, 3-Bath HMO (2 Ensuite)
Tenant Type: Fully Tenanted by Working Professionals

Prime Investment Location

Oldham, situated within Greater Manchester, is a rising star for investors seeking high-yield rental opportunities. Once an industrial powerhouse, the town has successfully diversified its economy with major sectors now including logistics, healthcare, retail, and public services. Key employers such as the nhs and local government contribute to a stable job market. Its close proximity to Manchester allows residents to enjoy affordable living while remaining within easy reach of one of the UK’s top employment and business centres. Ongoing regeneration projects—including infrastructure enhancements and town centre redevelopment—further reinforce Oldham’s appeal, ensuring long-term demand and value appreciation for property investors.

Tenant Demand & Accommodation

Tenant demand in Oldham is driven by its affordability and strategic commuter access to Manchester. The property at 225 Horsedge Street is ideally located in a well-established residential area with access to schools, shops, and transport links. Fully tenanted by working professionals, this 4-bed HMO with 3 bathrooms (2 ensuite) offers modern, functional living spaces suited to today’s rental market. The combination of affordability and convenience makes this home highly attractive to a broad tenant demographic, from key workers to young professionals seeking value and accessibility.

Transport & Lifestyle Appeal

Oldham benefits from excellent transport links, making it a top choice for commuters. The town is well-served by rail, with direct connections to Manchester, and is easily accessible via the M60 and M62 motorways. Regeneration initiatives—such as the redevelopment of the town centre, improved public spaces, and new housing schemes—are transforming Oldham into a more vibrant, connected community. With ample amenities, including parks, shopping centres, and leisure facilities, the area supports a high quality of life, making it an ideal setting for tenants and a lucrative market for investors.

Financial Summary

Income Breakdown (Monthly):

Room 1: £520.00
Room 2: £510.00
Room 3: £475.00
Room 4: £415.00

Total Monthly Income: £1,920.00

Total Annual Income: £23,040.00

Expenditure Breakdown (Monthly):

Gas: N/A
Electric: £450.00
Water: £38.09
Council Tax: £155.00
Broadband: £35.00
Cleaner: £65.00
Management: £259.20

Total Monthly Expenditure: £1,002.29

Total Annual Expenditure: £12,027.48

Performance Summary

Net Annual Income: £11,012.52

Gross Yield: 14.40%

Net Yield: 6.88%

Commentary

This 4-bed HMO in Oldham offers a solid monthly rental income of £1,920 and strong overall profitability. With modest operating costs and no gas or TV license expenses, the property produces an impressive gross yield of 14.40% and a net yield of 6.88%.

The property's reliable tenant base, efficient cost structure, and strong location fundamentals make it a low-risk, high-yield investment well-suited to both new and experienced landlords.

HMO X are specialists within the HMO and multi-unit marketplace across the UK. Our experienced team has a combined 100+ years of specific HMO experience including investing, managing, developing, valuing and selling. Every property is exclusively listed, direct to landlord, visited and quality-checked by our team and is sold with no buyer fees or reservation costs. Full access to every financial detail and a pro-active and time-served team to assist you.