Broadway

Investment Opportunity – 260A Broadway, Chadderton, OL9 9QY

High-Yield Fully Let HMO Investment

We are delighted to offer for sale this fully tenanted six-bedroom HMO located in the popular residential area of Chadderton, Oldham. This property is an ideal investment for buy-to-let investors seeking a strong, reliable income from day one.

Property Overview

• 6-bedroom licensed HMO
• Split over three floors
• EPC Rating: C
• Fully tenanted with working professionals
• Strong, proven rental income
• HMO licence in place

Accommodation Layout

Ground Floor

• One bedroom
• Living room
• Kitchen
• Downstairs WC

First Floor

• Three bedrooms
• Shower room
• Bathroom

Second Floor

• Two bedrooms
• Kitchen

The property is well-configured for professional HMO living, providing ample communal space, privacy, and tenant comfort.

Tenancy & Income

• Fully tenanted to professional tenants
• Gross Rental Income: £38,940 per annum
• Net Income: £32,400 per annum

Market Price: £340,000

Investment Yields

• Gross Yield: 11.45%
• Net Yield: 9.53%

These yields position the property as a high-return, low-risk investment in the current market.

Investment Highlights

• Turn-key income from a fully let professional HMO
• High demand location with strong rental growth potential
• Well-maintained property with EPC C rating
• Ideal for investors looking to expand or diversify their HMO portfolio

Summary

260A Broadway presents a rare opportunity to acquire a high-yield, fully let HMO in a sought-after area. The property offers immediate income, excellent net returns, and strong tenant demand, making it an attractive addition to any property investment portfolio.

Get in touch with the team