Get brand editions for John Pye Property, Nottingham

4 bedroom block of apartments for sale

Moss Lane, Wigan, Greater Manchester, WN2

Guide Price* £99,500

Property Description

Key features

  • Three Flats
  • 2 x 1 bedroom flats
  • 1 x 2 bedroom flat
  • Investment opportunity
  • Potential 1035 pcm (12,420 pa) 12.5% Gross Yield
  • Desirable area
  • Close to amenities
  • Close to transport links

Full description

Location
The subject property is situated on the corner of Moss Lane and Alfred Street in the popular district of Platt Bridge, 3 miles southeast of Wigan, Lancashire.

Description
This property has been converted to offer three self contained flats. There are two 1-bed flats to the ground floor and one 2-bed flat on the first floor. Each with its own shower-room/wc and open plan lounge/kitchen areas. The properties are double glazed and warmed by gas central heating.

Flat 1 is Self contained and located on the ground floor and briefly comprises open plan lounge/dining kitchen, shower room and bedroom. It is double glazed and has the benefit of gas central heating

Flat 2 is self contained and also located on the ground floor and briefly comprises open plan lounge/dining kitchen, shower room and bedroom. It is double glazed and has the benefit of gas central heating.

Flat 3 is accessed from Alfred Street is self contained and located on the first floor and briefly comprises open plan lounge/dining kitchen, shower room and two bedrooms. It is double glazed and has the benefit of gas central heating.

All flats have their own separate entrances and ample unrestricted on street parking is also available.

Accommodation
Total 70m2 753ft2
Approx. gross internal floor area taken from the EPC register.

Services
We understand the property has connections to mains gas, electric, water and drainage.

Tenure
Please refer to legal pack

Investment Analysis
One of the downstairs flats is currently let on an AST for 300 pcm. The other flats are currently being redecorated and it is envisaged these will achieve 340 pcm and 395 pcm respectively. This equates to a potential income of 12,420pa, representing a gross return of 12.5%.

Council Tax
The properties are rated in Council Tax Band A. Council Tax payable (2015/16) is 934.71

Fixed Price
99,500

** PLEASE NOTE: PHOTOGRAPHS HAVE BEEN PROVIDED BY A THIRD PARTY AND THE PROPERTY HAS NOT BEEN MEASURED

LEGAL PACK
johnpye.co.uk.auctiondocs.com

More information from this agent

Listing History

Added on Rightmove:
16 February 2016

Nearest stations

  • Ince (1.1 mi)
  • Hindley (1.6 mi)
  • Wigan North Western (1.8 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

John Pye Property, Nottingham

James Shipstone House, Radford Road, New Basford, Nottingham, NG7 7EA

0115 798 0657 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Ince (1.1 mi)
  • Hindley (1.6 mi)
  • Wigan North Western (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

John Pye Property, Nottingham

James Shipstone House, Radford Road, New Basford, Nottingham, NG7 7EA

0115 798 0657 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 32mosslane. 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 John Pye Property, Nottingham . 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.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call John Pye Property, Nottingham on 0115 970 6060.


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