The M60 corridor as it is known is a ring road that encircles much of Greater Manchester. Working around from the north most point, between Whitefield and Middleton, one eventually comes close to Oldham. Now, Oldham is a busy place for those looking to buy a house, with many different types of house available.
House prices are (compared with much of the rest of Greater Manchester) cheap, with 4 - 5 bedroom detached houses selling for upwards of £650,000, and then down to the terraced house selling for £130,000 upwards.
If you are a buy to let landlord or considering becoming one there are some great properties ion Oldham that you could buy to add or start your portfolio. With £1m - £1.5m you can have a rather decent property portfolio rather quickly.
Getting mortgages for these houses shouldn't be a problem either depending on whether you know a good mortgage broker. There are several that cover Oldham, but once again I stress the importance of avoid high street mortgage lenders. Why? Because mortgage brokers on the high street (the likes of Santander, HSBC, Halifax, Virgin etc), will only inform you about their own mortgage products. In practice, it's far more savvy to get a mortgage arranged through an independent mortgage broker, as they can advise you about available mortgages that are available on the whole of the market, rather than just to mortgages from a single vendor.
If you are looking for buy a house in or around Oldham, take a good look at this blog as it contains a lot of information that you will find useful. Please contact me for further advice also.