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- 8-Unit Block – 10 Year SA Lease
8-Unit Block – 10 Year SA Lease
Asking Price
- £1,250,000
Location
Oldham
Number of Unites
8
Tenure
Freehold
Property Conditions
Refurbished
Type of property
Block of Apartments
Current Rent
£100,000
Potential Rent
£TBC
Current Yield
8%
Potential Yield
TBC%
A solid income-generating asset in a well-connected Greater Manchester town centre. This freehold property comprises 8 self-contained residential flats and a commercial ground floor unit, all leased under a 10-year FRI (Full Repairing & Insuring) lease to a registered social housing provider.
The lease generates £100,000 per annum, with the tenant responsible for all maintenance and insurance — offering investors a fully hands-off arrangement backed by government-supported income.
Positioned in a high-footfall location with strong local infrastructure and ongoing regeneration, this is a low-maintenance asset delivering secure returns from day one.
Available at £1.25M, this is a straightforward opportunity for investors seeking dependable income and long-term value.
Property type
Block of Apartments
Held In SPV
N/A