Bretherton Row, Wigan, Greater Manchester, WN1

- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
19
- BATHROOMS
19
- SIZE
Ask agent
- TENUREDescribes 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
- 19 Bed, 19 Bath HMO Property
- Fully Managed & Generating a Net Yield of 9%
- Extensive Refurbishment in 2025 Brining Rental Incomes Up.
- Expected Rental Income of £134,121.60 When Full, 16 of 19 Rooms Full
- Split Over Three Floors With Two Communal Kitchens
- Wigan City Centre Location
Description
Exceptional 19-Bed Licensed HMO - Prime Income Producing Asset
Key Financials
Metric Current (Sept 2025)
Gross Annual Rent £134,121.60
Net Annual Rent (after 15%) £114,003.36
Property Overview
Harts House is a substantial three-storey 19-bedroom HMO situated in the heart of Barracks Square, Wigan - a high-demand professional lettings location benefitting from excellent transport links and proximity to the town centre, major employers, and amenities.
The property has been extensively refurbished in 2025, including key infrastructure, aesthetic upgrades, and efficiency improvements.
With a blend of established tenancies and new ASTs being signed, this asset provides both immediate income and upward rental potential over the next 12 months.
This property is fully compliant with all HMO licensing and fire safety standards and is professionally managed by a specialist operator at 8% + VAT.
Total Gross Rent: £134,121.60
Capital Improvements (2025)
A total of £40,990 has been invested in high-impact works, significantly improving tenant experience, operational efficiency, and asset longevity.
Works Completed Value (£)
Roofing works and scaffolding £12,500
Full communal painting £3,500
Communal lighting upgraded £1,500
Communal carpets professionally cleaned £1,200
3x communal kitchens repainted £1,800
External jetwash & garden works £950
14x rooms redecorated (walls, ceilings, windows) £7,000
Bathroom re-grout & re-silicone (x14 rooms) £1,050
12x new mattresses £1,800
3x digital locks replaced £250
3x new fridge/freezers installed £750
Energy-saving switches on 26 heaters £1,690
New 450L boosted cold-water system £7,000
Total Investment £40,990
All works were completed between Q1-Q3 2025 by accredited contractors, ensuring a low-maintenance, high-compliance asset.
Location Overview
Barracks Square, Wigan is a thriving rental location benefitting from:
Proximity to Wigan town centre, Robin Park retail & leisure complex, and Wigan Wallgate/North Western stations
Easy access to M6 motorway and regional employment hubs
Growing demand for high-quality professional accommodation
Strong capital growth potential in the North West commuter belt
Investment Summary
Asset Type: Licensed 19-bed HMO
Occupancy: Mix of ASTs and new lets
Condition: Excellent - extensive 2025 refurbishment
Gross Income: £134,121.60
Net Yield: Approx. 9%
Management: Fully managed by professional HMO operator (8% + VAT)
Asking Price: £1,250,000
Opportunity Overview
Harts House represents a turnkey, income-generating investment in one of the North West's most consistent HMO markets.
The combination of strong occupancy, fresh upgrades, and future rent growth positions this property as an excellent medium-to-long-term hold or a yield-led portfolio addition.
- 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.
- Yes
- 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
Bretherton Row, Wigan, Greater Manchester, WN1
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Visit our security centre to find out moreDisclaimer - Property reference Hart-House-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. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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