Summary - 15 Pelham Street OL8 2RB
4 bed 2 bath Apartment
**Standout Features:**
- Two self-contained 2-bedroom flats
- Proven rental income of £1,300 per month (total)
- Long-term tenants in place since 2020 and 2022
- Excellent gross yield of 8.66%
- Convenient location in a traditional Victorian terrace
- Double glazing and mains gas heating
**Summary:**
This investment opportunity features two self-contained flats, each with two bedrooms, nestled in an attractive Victorian end-terrace. Currently tenanted, both apartments deliver a robust gross yield of 8.66%, generating a steady rental income of £1,300 per month. With one tenant residing since 2020 and another since 2022, potential investors can benefit from immediate cash flow and existing tenancy stability.
The flats offer a modest but functional living space, making them ideal for families or individuals seeking comfortable urban accommodation. Additionally, the property's excellent location provides access to vital amenities and public transport while maintaining a low crime rate, which enhances its rental appeal.
However, prospective buyers should note the overall size of the property is on the smaller side, potentially limiting its marketability to different buyer demographics. With maintenance needs inherent in properties of this age, conducting a thorough inspection prior to purchase is advised. Don’t miss out on this exclusive opportunity—schedule a viewing today!
Commercial property for sale in Stamford Road, Lees, Oldham, Lancashire, OL4 — £435,000 • 1 bed • 1 bath
5 bedroom block of apartments for sale in Castleton Road, Oldham, OL2 — £500,000 • 5 bed • 2 bath • 1244 ft²
2 bedroom flat for sale in Newton Street, Hyde, Cheshire, SK14 — £112,000 • 2 bed • 1 bath • 700 ft²
2 bedroom block of apartments for sale in Stockport Road West, Bredbury, Stockport, SK6 — £230,000 • 2 bed • 2 bath • 505 ft²
2 bedroom apartment for sale in Byron Street, Oldham, OL8 4QU, OL8 — £80,000 • 2 bed • 1 bath
2 bedroom apartment for sale in Byron House, Byron Street, OL8 4QU, OL8 — £75,000 • 2 bed • 1 bath • 454 ft²
