Sitting tenants supplying steady £700pcm income near Low Moor station.
Assured tenancy in place; rent £700 pcm
A straightforward investment in Oakenshaw village, offered with long-standing sitting tenants on an Assured Tenancy currently producing £700 pcm. The property is freehold, stone-built and retains period sash windows and high ceilings that appeal to tenants seeking character close to commuter links.
The house requires modernization — decor and some services are dated, heating is by electric room heaters and the EPC is rated F. These factors reduce immediate rental upside without capital investment, but also create scope for value-added refurbishment and improved energy performance.
Location is a clear strength: Low Moor station is within walking distance and the M62 is under a mile away, supporting steady tenant demand. Council Tax Band A keeps running costs low, and the property comes with a small garden and a large internal footprint for its class (approx. 1,411 sq ft).
Buyers should note a public notice/repossessions entry and above-average local crime levels. This is most suitable for an investor prepared to manage a sitting tenancy and undertake targeted upgrades to increase rent or resale value.
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