Hulme Road, Leigh
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
3
- BATHROOMS
1
- SIZE
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Key features
- Above-average yield - 6.32% gross rental yield at £895pcm, outperforming the UK national average
- Virtually zero leasehold costs - Ground rent just £15 p/a, no service charges and 946 years remaining
- Immediate cash flow - Tenancy already in place, delivering returns from day one
- Strong connectivity - Direct busway into Manchester city centre, easy access to M60, M61 & M62
- Capital growth potential - Semi-detached in a growing Greater Manchester commuter town at an accessible £170,000 entry point
Description
• Property Address: 78 Hulme Road, Leigh, WN7 5BT
• Property Type: Semi-Detached House
• Bedrooms: 3
• Asking Price: £170,000
• EPC Rating: C
• Tenure: Leasehold
• Lease Term: 999 years from 11 June 1973
• Ground Rent: £15 per annum (Peppercorn)
• Service Charge: Zero
This well-presented three-bedroom semi-detached property offers a highly attractive residential investment in Leigh, Greater Manchester. The property benefits from a peppercorn lease with an exceptionally long term remaining, ground rent of just £15 per annum, and zero service charges — significantly reducing the ongoing cost burden for investors. With an EPC rating of C, the property meets current and anticipated rental compliance requirements.
INVESTMENT INFORMATION
• Asking Price: £170,000
• Monthly Rental Income: £895 per calendar month
• Annual Rental Income: £10,740
• Gross Rental Yield: 6.32% (above UK national average)
• Ground Rent: £15 per annum
• Service Charges: None
• Approximate Lease Remaining: 946 years
At the current asking price of £170,000, this property delivers a gross rental yield of approximately 6.32% per annum — above the UK national average for residential buy-to-let. With near-zero leasehold running costs and approximately 946 years remaining on the lease, there is no foreseeable lease extension liability.
REASONS TO INVEST
Strong and Immediate Rental Returns
A current income of £895 pcm is already in place, offering an investor immediate cash flow from day one. The gross yield of 6.32% significantly outperforms many comparable residential investments across the North West.
Exceptional Leasehold Terms
The Peppercorn lease with a 999-year term commencing June 1973 provides exceptional long-term security. With ground rent fixed at just £15 per annum and zero service charges, ongoing liabilities are negligible — protecting profitability year on year.
Compliance-Ready Investment
An EPC rating of C ensures full compliance with current Minimum Energy Efficiency Standards (MEES) for rental properties, and positions the property ahead of anticipated future regulatory tightening — avoiding costly remediation works that affect many older properties.
Strong North West Rental Market
Leigh benefits from its strategic location within the Greater Manchester conurbation, offering strong rental demand, excellent transport links, and affordable housing compared to Manchester city centre — consistently attracting reliable long-term tenants.
Long-Term Capital Growth Potential
Semi-detached houses in Greater Manchester have demonstrated sustained capital appreciation over the medium to long term. As regeneration continues across the region, commuter towns such as Leigh stand to benefit from continued price growth, enhancing the investor's overall total return.
LOCATION INFORMATION
Leigh is a market town within the Metropolitan Borough of Wigan, situated in the heart of Greater Manchester, positioned between Wigan, Bolton, and Warrington, and within easy reach of Manchester city centre. The area offers excellent connectivity and strong local amenities, making it popular with families, professionals, and commuters.
Transport Links:
• Fast road access via the M60, M61, and M62 motorway network
• Regular bus services to Manchester, Wigan, Warrington, and Bolton
• Leigh–Salford–Manchester busway - direct rapid transit into Manchester city centre
• Atherton and Hag Fold rail stations within easy travelling distance
Local Amenities:
• Leigh town centre with retail, dining, and leisure facilities
• Multiple primary and secondary schools with good Ofsted ratings
• Leigh Infirmary and Wrightington, Wigan and Leigh NHS Foundation Trust
• Leigh Sports Village 0 multi-use stadium and sports complex
- 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
Hulme Road, Leigh
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