Poolstock Lane, Wigan, Greater Manchester, WN3
- PROPERTY TYPE
Terraced
- BEDROOMS
6
- BATHROOMS
6
- SIZE
Ask agent
Key features
- HMO Property Investment
- 6 Bedroom & 6 En-Suites
- Generating £49,440 PA
- Gross Yield of 11.8%
- Fully HMO Compliant and Finished to a High Spec
- EPC Rating C
Description
Asking Price: £420,000
Gross Annual Income: £49,440
Net Annual Income: £8,431.80
Gross Yield: 11.8%
Net Yield: 9.8%
Tenure: Leasehold (length to be confirmed but peppercorn expected)
Fully Let & Operational
Licensed HMO
EPC: C
An excellent opportunity to acquire a fully tenanted, high-specification HMO in a prime Wigan location. This turnkey asset generates strong cash flow and is ideal for seasoned investors looking for a reliable, high-yielding property.
Property Description:
6 En-Suite Double Bedrooms
Fully Furnished to High Standard
Contemporary Communal Kitchen & Dining Area
Fully Compliant with HMO Fire & Safety Regulations
Interlinked Smoke Alarms, Emergency Lighting, Fire Doors
Double Glazing & Gas Central Heating
Off-Road Parking & Rear Yard
High-Spec Renovation - No Immediate Works Required
Tenancy & Financials:
Gross Income (PA): £49,440
Total Expenses (PA): £8,431.80
Net Income (PA): £41,008.20
Gross Yield: 11.8%
Net Yield: 9.8%
Location Information:
Situated on the popular Poolstock Lane, this property offers excellent transport connectivity and local amenities:
Wigan Town Centre: Under 1 mile
Wigan North Western Station: Direct links to Manchester & Liverpool
Robin Park Retail & Leisure Complex: Minutes away
M6 & M58 Motorways: Quick access for commuters
Consistently strong rental demand from professionals
- 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.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Poolstock Lane, Wigan, Greater Manchester, WN3
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Visit our security centre to find out moreDisclaimer - Property reference Poolstock-Lane-Wigan. 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 Pure, 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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