Warwick Drive, Hindley

- PROPERTY TYPE
Semi-Detached
- BEDROOMS
3
- BATHROOMS
2
- SIZE
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- 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
- Sitting tenants in place at £1,000 pcm – rental income from the day of completion
- 7.1% gross yield at the £170,000 asking price
- No void period, no tenant-find fee, no refurbishment needed to let
- Three-bedroom semi-detached on a generous corner plot
- EPC Rating C – meets rental energy standards with headroom to spare
- Proven Hindley rental demand with rail links and quick M61 access
Description
Asking Price: £170,000
Three-Bedroom Semi-Detached | Corner Plot | For Sale With Sitting Tenants In Place
AT A GLANCE
Gross yield: 7.1% | Annual rental income: £12,000 | Agreed rent: £1,000 pcm | EPC
Rating: C
A READY-MADE INVESTMENT – INCOME FROM DAY ONE
42 Warwick Drive is a well-proportioned three-bedroom semi-detached home occupying a generous corner plot in the popular residential area of Hindley, Wigan. The property is offered for sale as a genuine turnkey investment: the current owner-occupiers wish to remain in the home as tenants, and have agreed to rent the property back from the purchaser at £1,000 per calendar month upon completion.
For an investor, this is as clean as a purchase gets. There is no void period, no tenant-find fee, no refurbishment required to let, and no uncertainty over demand – the rent begins the day you complete. Better still, your tenants are the people who have owned, maintained and cared for this house as their own home, giving you a settled, invested occupier from the outset.
THE NUMBERS
Asking price: £170,000
Monthly rental income: £1,000 pcm
Annual rental income: £12,000
Gross yield at asking price: 7.06%
Void period on purchase: None – tenanted from completion
Letting / tenant-find costs: None – tenants in situ
A gross yield in excess of 7% comfortably outperforms the returns typically available from savings accounts and many buy-to-let averages, while the underlying asset – a family-sized semi on a corner plot in an established Wigan suburb – offers scope for long-term capital growth alongside the income.
ACCOMMODATION
Ground Floor: Reception Room One (principal living room); Reception Room Two (dining room / second sitting room); large L-shaped kitchen with ample storage and workspace; downstairs wet room – a practical and accessible addition.
First Floor: Bedroom One (double); Bedroom Two (double); Bedroom Three; family bathroom.
KEY FEATURES
Three-bedroom semi-detached on a sought-after corner plot; two generous reception rooms offering flexible living space; large L-shaped kitchen; downstairs wet room plus first-floor family bathroom – two washrooms in total; EPC Rating C – an efficient, economical home that meets current rental energy standards with headroom to spare; sitting tenants (the current owners) in place at £1,000 pcm from completion; 7.1% gross yield at the asking price – income from day one.
LOCATION – HINDLEY, WIGAN
Hindley is a well-established and consistently popular rental area on the eastern side of Wigan. The property sits within easy reach of local shops, schools and amenities, with Hindley railway station providing direct services towards Manchester and Wigan, and swift road access to the M61 and the wider North West motorway network. Strong transport links and family-friendly surroundings underpin dependable tenant demand – a key ingredient in the long-term security of the rental income.
WHY INVESTORS SHOULD ACT
Tenanted stock of this quality rarely stays on the market long. With a committed occupier, a 7%+ gross yield, a C-rated energy performance and a substantial corner-plot semi as the underlying asset, 42 Warwick Drive offers the rare combination of immediate income, low hassle and long-term growth potential. Early viewing and offers are strongly encouraged.
- 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.
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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
Warwick Drive, Hindley
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Visit our security centre to find out moreDisclaimer - Property reference warwick-drive-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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