Immediate rental income in Oakenshaw for investors and developers.
3 bedrooms with front and rear private gardens
Long-term tenants in situ; vacant possession unlikely
Gross annual rental income reported at £9,000
Freehold terraced house with period exterior
Small rooms and single three-piece bathroom
On-street parking only; no off-street parking
Buyers premium will apply on sale completion
Area has above-average recorded crime levels
A three-bedroom Victorian terrace in Oakenshaw offered as a buy-to-let with long-standing tenants in situ. The property is freehold, of average overall size with small rooms, and includes both front and rear garden space. It currently produces a gross annual rental income of £9,000, making it suitable for investors seeking an immediate income stream and steady tenancy.
Rooms are compact and the house retains traditional period character externally, while the living room shows more modern finishes such as neutral décor and laminate flooring. The plot is small and parking is on-street only; these are typical constraints for this type of urban terrace. There is a single three-piece bathroom and standard ceiling heights throughout.
Important points for buyers: the property is sold with tenants who wish to remain and have paid rent reliably for several years, so immediate vacant possession is unlikely. A buyers premium will apply on completion. The area has above-average crime levels and the house may appeal more to investors or developers than to someone seeking a spacious family home.
For an investor-ready purchase, this offers predictable rental income and a freehold title in a market that attracts interest from buy-to-let buyers and developers. For owner-occupiers, the tenancy, compact rooms and small plot are material drawbacks to consider.
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