Acton Street, Wigan, WN1
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
23
- BATHROOMS
19
- SIZE
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Key features
- Spacious Living Spaces
- Residential Investment Portfolio - 19 Self-Contained Flats
- Value-Add Opportunity
- Strong Income Upside
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Likely to attract enquiries from Serious Investors & Developers
Description
The portfolio currently produces income from 11 tenanted units, delivering a stable baseline revenue stream. The remaining 8 units are in the final stages of a comprehensive renovation programme, offering a clear pathway to enhanced rental performance and full stabilisation.
Importantly, the current income reflects approximately 50% occupancy, presenting a rare opportunity to acquire at a stage where the majority of value creation remains ahead. Upon completion of refurbishment works and full letting, the portfolio is expected to achieve a materially higher gross rental yield.
The renovated units have been upgraded to a strong lettable standard, aligning with modern tenant expectations and supporting premium rental values. Once fully operational, the portfolio will offer a well-balanced mix of income security and growth.
Key Highlights:
19 residential flats sold as a single portfolio
11 income-producing units currently let
8 units nearing completion of refurbishment
Income currently reflective of partial occupancy
Significant reversionary potential upon full letting
Asset management and yield optimisation opportunity
This is a turnaround-to-stabilised investment play, suited to investors looking to capitalise on leasing-up opportunities and rental uplift in the short to medium term.
Further financial information, tenancy schedules, and refurbishment details are available upon request.
Brochures
Let Property Pack- 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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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Acton Street, Wigan, WN1
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Visit our security centre to find out moreDisclaimer - Property reference 206035838. 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 Let Property Sales & Management, Glasgow. 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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