2-bedroom flat · OL4 5DJ
Listing removedListed 133 days
Opportunity summary
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About
**INVESTMENT OPPORTUNITY ONLY SOLD WITH TENANT IN SITU ** Landmark Property Management are delighted to bring to the market this immaculate two-bedroom top-floor apartment, situated in the popular area of Lees, Oldham.
Offered for sale as an investment opportunity, the property is being sold with a long-term tenant in situ, currently generating a rental income of £7,800 per annum.
The accommodation briefly comprises a bright and spacious entrance hallway, a generous lounge, a modern fitted kitchen, two well-proportioned bedrooms, with the second bedroom currently being utilised as a dining room, and a family bathroom.
Externally, the property benefits from an allocated parking space for one vehicle. Further benefits include gas central heating and double-glazed windows throughout.
This is an ideal purchase for buy-to-let investors seeking an established rental property with immediate income from completion EPC Rating -C Council Tax Band -B Service charge & Ground rent - TBC Hallway Laminate flooring, two useful storage cupboards and radiator.
Lounge 5.78m (19' 0") x 3.90m (12' 10") Spacious carpeted lounge with front and rear-facing windows, providing plenty of natural light, and two radiators.
Kitchen Fitted kitchen with a range of wall and base units, integrated oven with four-ring hob and extractor hood, space for a fridge freezer, and rear-facing window.
Bathroom White three-piece suite comprising bath with overhead shower, wash hand basin and WC. Side-facing window and radiator.
Bedroom 3.31m (10' 10") x 3.39m (11' 1") Double bedroom with laminate flooring, front-facing window and radiator Bedroom Two 4.40m (14' 5") x 2.30m (7' 7") Good-sized second bedroom with laminate flooring, rear-facing window and radiator.
Currently utilised as a dining room.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
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