House For Sale £145,000
Oak Street, Shaw, Oldham, Lancashire OL2

Earn instant income on this already tenanted investment opportunity - not suitable for owner occupiers! This wonderful three bedroom mid terrace property is located in the heart of Shaw, just 30 minutes from Manchester city centre.

This excellent three bedroom mid terrace comprises of; entrance hallway leading to a spacious lounge with double glazed window to the front; separate dining area and fully fitted kitchen with all appliances included; staircase leading to two double bedrooms both with double glazed windows; bathroom with shower over bath and separate WC; single bedroom with double glazed window to the front. The property comes with on street parking, and has beautiful front and rear gardens.

Being just a short 30 minute journey to Manchester city centre, Oak Street is in the ideal location for commuters and working professionals. The entirety of Manchester's city centre and beyond is within easy reach from this property, with Victoria train station/Metrolink station being less than 20 minutes away. Manchester is renowned for its range of entertainment, rich history and culture. The city also has a wealth of bars, shops and restaurants to suit all tastes - it's easy to see why Manchester is one of the fastest growing cities in Europe.

Manchester's high rental yields, growing demand and capital growth are just a few reasons why it has been named one of the UK's best buy-to-let hotspots. Between July 2017 and July 2018, Manchester’s property prices rose by 5.6% and are expected to rise a further 18.1% by 2022. Manchester's growing population ensures that there will always be high demand for rental properties. Now is the perfect time to invest in this vibrant and exciting city.

Financial Breakdown

Gross rent: £6,960
Ground rent: £0
Service charge: £0
Lettings fees: £0
Net income: £6,960
Gross yield: 4.8%
Net yield: 4.8%

Important Note To Purchasers

*For leasehold properties: Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-16440