Summary - 332 MOSSLEY ROAD ASHTON-UNDER-LYNE OL6 6LW
4 bed 2 bath House of Multiple Occupation
Long-term tenanted buy-to-let with clear rental uplift potential for investors.
- Four-bedroom HMO with long-term tenants in situ
- Current annual gross income £26,400; potential £31,980 at market rents
- Traditional Victorian mid-terrace with brick exterior
- Spacious lounge and modern kitchen; 1,916 sq ft total
- Small front garden; overgrown vegetation needs tidying
- Urban location in very deprived area; strong rental demand
- Requires maintenance/refurbishment in places; described as fixer-upper
- Buyer’s premium applies; factor into purchase costs
A traditional mid-terrace Victorian house configured as a four-bedroom House in Multiple Occupation (HMO), currently let to long-term tenants and producing steady rental returns. The accommodation includes a spacious lounge and a modern kitchen; total internal area is about 1,916 sq ft across two storeys. Annual gross income currently stands at £26,400 with estimated achievable income around £31,980 at market rents, giving clear yield upside for an investor prepared to rebase pricing or improve management.
The property sits on a small urban plot in an area with an active rental market. The exterior and roof are broadly intact but the front garden and some external areas show overgrowth and would benefit from basic maintenance. Internally the layout is practical for multi-occupancy; rooms are generally small to medium in size and fitted with contemporary finishes in parts, but the house is described as a fixer-upper in places and will require ongoing maintenance and landlord management for tenant turnover.
This is an investment-oriented opportunity suited to buy-to-let investors or developers able to operate HMOs in an inner-conurbation location. The site attracts enquiries from serious investors; however, purchasers should allow for management responsibilities, potential refurbishment costs, and stock-specific legal compliance for HMOs. A buyer’s premium applies on sale, which should be factored into acquisition costs.
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