2-bedroom terraced house · OL1 3JB
Let agreedListed 35 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TO LET - a 2 bedroom terraced house on Mortimer Street, Oldham. The property on offer comprises; entrance vestibule, lounge, and fitted kitchen diner to the ground floor.
To the first floor are two bedrooms, and bathroom with 3 piece suite including shower over bath. The house also benefits from uPVC double glazing and gas central heating throughout.
Outside, there is plenty of parking around the property for residents and visitors. To the rear is a private back yard.
The property is very well located with local shops and amenities within walking distance at the end of the street, and Oldham town centre shops also easily reachable via road or public transport.
Derker metrolink stop is also only a few minutes away providing easy access to Rochdale, Oldham and Manchester beyond.
If you would like any further information on this property, or would like to arrange a viewing, call Belvoir today!
Additional Information Redress Scheme - The Property Ombudsman Client Money Protection - Propertymark Right to Rent - You must provide us with evidence to show you are eligible to rent a property in the UK.
Permitted Payments - For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments: - Holding deposits (a maximum of 1 week's rent); - Deposits (a maximum deposit of 5 weeks' rent for annual rent below £50,000); - Payments to change a tenancy agreement (capped at £50 or, if higher, any reasonable costs); - Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs); - Utilities, communication services (eg.
telephone, broadband), TV licence and council tax; - Interest payments for the late payment of rent (up to 3% above Bank of England's annual % rate); - Reasonable costs for replacement of lost keys or other security devices; - Contractual damages in the event of the tenant's default of a tenancy agreement; and - Any other permitted payments under the Tenant Fees Act 2019.
Please visit our Belvoir Tenant page for further information. EPC rating: C.
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 Mortimer Street, Oldham, OL1
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