Lot 5 - 120 Boundary Park Road, Oldham, Lancashire, OL1 2NZ

  • Unconditional Online Auction Sale
  • Guide Price* : £270,000+
  • Bedrooms: 5
  • Bathrooms: 5
  • Reception Rooms: 1

A fully tenanted five bedroom all ensuite HMO let to working professionals producing £36,480 per annum

Description

• Leasehold mid-terrace house
• 5 ensuite bedroom tenanted HMO
• Benefits from 2 communal kitchens
• Impressive gross yield of 13.5% on guide
• Fully managed HMO in a prime location
• Current rental income of £3,040 per month

Location

Situated on the well-connected Boundary Park Road in Oldham, the property benefits from convenient access via the A62 and A627. Providing direct routes to Oldham town centre, Royal Oldham Hospital, and Manchester city centre. Set within a well-established residential area, it is close to a range of local amenities including shops, schools, and parks.

Transport links are provided by both Oldham Central Metrolink and Mills Hill Rail Station.

HMO Compliance

- HMO Licence
- EICR
- Fire Risk Assessment
- Gas Safety Certificate
- Building Regulations Certificate

Copies of these documents can be found within the legal pack

Lease Start Date

15/08/1910

Lease Duration

999 years (884 years unexpired)

Annual Ground Rent

£1

Accommodation

Room Number Floor Accommodation Tenancy Info Rent Per Annum
1 Ground Ensuite HMO room with access to a communal kitchen 6 month AST starting from 23rd January 2026 £7,800
2 Ground Ensuite HMO room with access to a communal kitchen 6 month AST starting from 22nd September 2025 £7,140
3 First Ensuite HMO room with access to a communal kitchen 6 month AST starting from 6th January 2026 £7,140
4 First Ensuite HMO room with access to a communal kitchen 6 month AST starting from 24th February 2025 £7,800
5 Second Ensuite HMO room with access to a communal kitchen 6 month AST starting from 21st November 2025 £6,600

Vendors Solicitor
Shilpa Majevadia

* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). This is not necessarily a figure which a property will sell for and may change at any time prior to the auction. Every property will be offered subject to a Reserve Price (this is the sellers minimum expectation) which will be set within either a Guide Range or no more than 10% above a single figure Guide Price.

The Buyers Administration Fee of £1,500 (inclusive of VAT) is a separate charge payable in addition to the price a Lot sells for. In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, HMO X Auctions must hold a minimum amount from all bidders. This participation amount and administration fee are fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,000 comprises £3,500 relating to your bidder security (which forms part of your 10% deposit payment) and the buyers administration fee of £1,500 (inclusive of VAT).

Please note that Lots may be sold or withdrawn prior to auction without prior notice.

Any information provided by HMO X Auctions or the seller, whether in writing or orally, does not constitute a representation, condition, or warranty. The information given is for illustrative purposes only and should not be considered as fact. Any mistakes, omissions, inaccuracies, or mis-descriptions in the information provided will not give rise to any legal action or compensation against HMO X Auctions or the seller.

All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of HMO X Auctions or the seller.

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Financing

Looking to purchase at auction but need the right finance in place? We’ve partnered with Roma Finance to help our buyers secure fast and flexible funding solutions tailored for HMOs.

Get in touch with Roma Finance today to explore the best financing options for your next HMO purchase

HMO X - Roma Finance

Vendors Solicitor

Shilpa Majevadia

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