Summary -
116b Stamford Road,Lees,OLDHAM,OL4 3NB
OL4 3NB
1 bed 1 bath Commercial Property
Ready-rented period building with parking and generous grounds for an income-focused buyer.
Current income £2,765 pcm (£33,180 pa)
Four self-contained one-bedroom flats, fully let
Very large plot with mature gardens and hard-surfaced car park
Mixed layouts; Flat 116 has open-plan living and conservatory
Gas central heating in each flat; double glazing throughout
Separate EPCs (C/D) for each flat; expire in 2031
Tenure unknown — buyer to verify prior to exchange
Some units may benefit from selective refurbishment
A substantial detached Victorian property converted into four self-contained one-bedroom flats, currently fully let and generating £33,180 per annum. The building sits on a very large plot with mature gardens and a hard-surfaced car park, providing immediate rental income and external space that’s unusual in this area.
Each flat has gas central heating, separate EPCs (C/D) valid until 2031, and a mix of ground-floor units with direct external access plus first-floor flats served by a central landing. Flat 116 benefits from an open-plan living/kitchen and a large conservatory porch, giving variety across the accommodation and appeal to different tenant types.
Key practical points for investors: tenure is currently unknown and should be confirmed prior to exchange; the EPCs expire in 2031 so future improvements may be needed to meet evolving requirements; the property is described as well-appointed but some renovation potential remains. Overall, this is a rare opportunity to buy a ready-rented, characterful building with parking and scope to add value through management and selective upgrading.
4 bedroom apartment for sale in TWO X 2 BED APARTMENT INVESTMENT, Pelham Street, Oldham, Greater Manchester, OL8 — £180,000 • 4 bed • 2 bath • 797 ft²
4 bedroom terraced house for sale in Swinton Street, OLDHAM, Lancashire, OL4 — £200,000 • 4 bed • 4 bath • 1006 ft²
5 bedroom semi-detached house for sale in Manley Road, Manchester, M16 — £675,000 • 5 bed • 5 bath • 2665 ft²
5 bedroom block of apartments for sale in Brinnington Road, Stockport, SK1 — £260,000 • 5 bed • 4 bath
2 bedroom block of apartments for sale in Stockport Road West, Bredbury, Stockport, SK6 — £230,000 • 2 bed • 2 bath • 505 ft²
5 bedroom block of apartments for sale in Castleton Road, Oldham, OL2 — £500,000 • 5 bed • 2 bath • 1244 ft²
