Oldham's cheapest property would only need £3.5k deposit

The one bed studio apartment can be found in the heart of the town on Scholes Street, and has been listed on the market for as little as £70,000 by estate agency Hunters.

Cardinal Court is made up of colourful high rise flats, and benefits from electric heating lift access and a communal utility rooms where a number of washing machine can be located.

Modern shower and toilet can be found in the bathroom (Image: Rightmove)

The listing on Rightmove read: "Situated in Oldham town centre with easy access to the Metrolink and bus network along with local amenities this Studio apartment is an ideal investment.

"Situated on the third floor and accessed via the communal ground floor area, which also has a lift for access to all floors.

"The apartment is open plan with a small kitchen area, electric heating and UPVC double glazed windows, the shower room has an enclosed shower cubicle, wash hand basin and a low level WC."

The third floor flat boasts of views of Oldham town centre (Image: Rightmove)

It added: "There is a communal laundry area to the lower ground floor."

The modern studio apartment has a near-perfect energy performance rating of a B, as well as no chain - meaning potential buyers would be able to move straight in once the paperwork had finished.

The leasehold property has 245 years left and the building comes with an annual service charge of £1,935 - which broken down by month would be a little over £161.

The studio apartment is available for just £70,000 (Image: Rightmove)

As well as shops, trams and bus stops on the doorstep, it also benefits from falling under council tax band A.

Rightmove's mortgage repayment calculator states that a five per cent deposit of £3,500 would mean buyers would fork out £395 a month on mortgage repayments. 

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