Studio flat · OL1 3FZ
Let agreedReduced £50 (−7.1%) on 10 SepListed 78 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** available now ** Thornley Groves are delighted to offer this fully furnished one bedroom studio flat positioned on the 7th floor of an apartment complex right in the heart of Oldham town centre. !
Rent with no deposit ! ask for further information regarding our no deposit scheme !
Comprising of; main communal entrance with lifts to all floors, flat entrance, living room/ kitchen/ bedroom combined plus shower room.
There are no plumbing facilities within the apartment itself, communal paid washing facilities are positioned at basement level.
This apartment is offered furnished with; a double bed, sofa, wardrobe storage, dining table, TV stand, fridge, microwave, hob and shower room.
There is also an intercom entry system for visitors and an integrated fire alarm system.
Cardinal Court would make a great space for professionals being in the fantastic area it is, this apartment is located close to an abundance of different food cuisine restaurants ranging from all over the globe and not to mention the neighbouring coffee shops and bars.
There are also excellent nearby transport links, with routes to Manchester City Centre and surrounding areas. This apartment does not come with parking facilities.
This property is available now with the rent payable monthly in advance and will be exclusive of council tax and all other utilities. A security deposit equal to 5 weeks' rent. EPC Rating C.
Council Tax Band = A Right to Rent in the UK checks will be completed via our referencing agency, before a tenancy can be granted.
All tenants over the age of 18 must provide original relevant identification documents at the point of submitting an application to rent.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 707, Cardinal Court, Oldham
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