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6 bedroom terraced house for sale

Cross Street, WN2

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

6

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • HMO property investment
  • 6 bedrooms and 6 bathrooms
  • Currently generating a gross return of £47,340 per annum
  • Net yield of 9.0%
  • Finished to a high standard
  • Within the new article 4 direction
  • HMO licence in place

Description

Pure Investor brings to the market this fantastically finished 6-bedroom HMO property in Hindley, Wigan. Each bedroom has an en-suite bathroom with tenants also benefitting from communal areas that would be at the envy of most owner occupiers. Situated in Hindley and about 12 miles to the west of Salford, this home is located less than a mile from Hindley Station and 3 miles from junction 6 of the M61 motorway.

Tesco supermarket (less than 1 minute walk) and an Asda supermarket (less than a mile away) are within easy reach. There are 2 stations within walking distance - Hindley is around 1 mile away and Ince is approximately 1.0 mile away. The nearest airport is Liverpool John Lennon Airport (17.0 miles). The nearest hospital is Royal Albert Edward Infirmary (2.5 miles).

This HMO is fully tenanted, and has been finished to an exceptional standard throughout. Excellent build quality is clearly evident throughout the property, and all interiors have been stylishly finished and designed to appeal to more discerning tenants looking for professional co-living space rather than standard HMO style accommodation.

For investors seeking a more hands-free solution, we work with a reputable HMO lettings and property management specialist, who would be delighted to work with the new owners.

Investment Information
Address: 16 Cross Street, Hindley, Wigan, WN2 3AT
Asking Price: £440,000.00
Number Of Bedrooms: 6
Number Of Bathrooms: 6
Mid-terrace property
On-street parking.
Freehold
Sqm: 164
EPC - 'C'
SUI Generis Planning Granted - Yes
The HMO is currently self-managed.
A valid HMO licence is in place for up to 10 people.
Finished to one of the highest specs we have seen for an HMO property.

Finances
Total Annual Gross Income: £47,340.00
Total Annual Running Costs: £8,431.80
Total Net Income: £38,908.20
Gross Yield: 10.75%
Net Yield: 8.9%
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

Cross Street, WN2

Approximate location
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About Pure, Manchester

The Lightwell, 61-63 Brown Street Manchester M2 2JG

Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.

Thinking Of Investing In Property In The UK?

We offer one of the UK widest portfolio's of investment properties available. From traditional, residential buy-to-let properties and purpose built student accommodation, through to market leading off-plan developments in locations including Manchester, London, Birmingham and many more destinations throughout the UK.

Our focus is genuinely consultative, and regardless of whether you're a first time property investor or an institution, we aim to assist our clients in achieving their long term investment goals through property. Many of our client have worked with Pure Investor for many years, both purchasing and selling their investment properties through us.

Thinking Of Selling?

We're one of the UK's leading providers of tenanted buy-to-let properties, and as such if you are considering selling your investment property, but are not sure how to sell with tenants in situ, why not contact our team today to find out about our specialist resales service? We have a global network of property investors who are proactive in purchasing tenanted properties to add to their current portfolios.

Thinking Of Renting Your Property Out?

We have one of the regions fastest growing lettings portfolios, and our full service property management and lettings service is specifically designed to cater for the demands of more established landlords operating throughout the North West of England.

Regardless of whether you are looking to invest in property, or sell your buy-to-let, why not give our team of experienced property consultants a call today to find out more about our services?

We look forward to speaking with you!

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£2,007
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference Cross-Street-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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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