Wallgate, Miry Lane, Wigan WN3 4AG
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Investment opportunity
- Fantastic rental yield
- Long lease
- Recently completed development
- Excellent specification throughout
- Premium one bedroom apartment
- Additional box room
- Ideal commuter base
- Walking distance to two train stations
- Parking space
Description
The development has proved very popular on the rental market with this particular apartment being fully let since completion, which is no surprise with both Wigan Wallgate Station and Wigan North Western Station just 0.3 miles away. The borough sits in an ideal position between the cities of Manchester and Liverpool, making it the ideal base for working professionals seeking high quality and good value rental accommodation. Wigan is a thriving economic hub, where more than 12,000 businesses are based providing plenty of employment opportunities which drive the demand for rental properties such as this one.
Wigan will continue to reap the benefits of the exponential economic growth of Manchester, which in 2021 the city ranked as growing at the second highest rate of all of the 30 major European cities. Significant investment is also underway to revitalise Wigan Town Centre too, which already attracts over 300,000 visitors per week and supports over 10,000 jobs. The projects of regeneration planned include a hotel, market hall, co-working space, offices and a landscaped public square which will broaden its appeal as a place to live and create more employment opportunities which will drive up rental demand. This is an opportunity not to be missed so don’t miss out and enquire today.
Please note, lettings fees may apply.
Financial Breakdown
Gross Rent: £7,245.00
Net income: £5,120.00
Gross yield: 7.63%
Net yield: 5.39%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07761
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Wallgate, Miry Lane, Wigan WN3 4AG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wigan Wallgate Station0.3 miles
- Wigan North Western Station0.4 miles
- Ince Station1.2 miles
About the agent
yieldit, Manchester
Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.
Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.
yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen
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Visit our security centre to find out moreDisclaimer - Property reference YL-07761. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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