Gloucester Street, Atherton, Wigan
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
3
- 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
- Prime Investment Opportunity
- Current rental income of £1,025 PCM providing an established income stream
- Estimated market rent of £1,050 PCM offering potential for future rental growth
- Prime investment opportunity for buy-to-let landlords and property investors
- Existing tenancy in place, reducing the need to source a new tenant initially
- Located in Manchester, an established UK city with a substantial private rental market
- Potential to improve rental returns through future rent reviews, subject to tenancy terms and regulations
- Ideal portfolio addition combining immediate cash flow with potential long-term rental growth
Description
This tenanted three-bedroom property offers an attractive investment opportunity in Manchester.
Currently generating £1,025 per calendar month, the property provides immediate rental income from completion, with further potential to enhance returns through future rental growth, with an estimated market rent of £1,050 per calendar month.
Caledonia Portfolio Insight
We have classified this property as a Prime Investment Opportunity. With a tenant already in place, investors can benefit from immediate rental income from completion, alongside the potential to increase returns in line with market rental values over time.
A securing fee will be required to progress the purchase through Caledonia Portfolio.
Why Manchester?
Manchester is a major UK city with a diverse economy, established employment sectors, and a substantial private rental market. Its combination of employment opportunities, transport connections, educational institutions, and local amenities continues to make the wider area attractive to tenants.
The property offers investors the opportunity to acquire a tenanted three-bedroom home, providing an established rental income stream without the need to source a new tenant at the outset.
Access to local amenities, schools, shops, and transport links can further support the property's appeal to prospective tenants and contribute to its longer-term investment potential.
Investment Potential
With the property currently achieving £1,025 PCM and an estimated market rent of £1,050 PCM, there is potential to increase rental income by £25 per month, equivalent to £300 per year, subject to the tenancy agreement, applicable rental regulations, and the property's suitability for the proposed rent.
This represents an opportunity to secure an income-producing asset with an existing tenant and modest potential for rental growth over time.
The combination of immediate rental income, an established tenancy, and the potential to align the rent with market levels makes this a worthwhile consideration for investors looking to expand their buy-to-let portfolio.
Securing the Opportunity
As with all Caledonia Prime Opportunities, a securing fee applies to confirm exclusivity and progress the sale. This fee is built into the transaction and included within the agreed sale price, ensuring transparency for the investor.
Thinking of Selling?
At Caledonia Portfolio, we specialise in presenting properties to serious investors. Whether you're a landlord, homeowner, or portfolio seller, our expertise helps connect your property with our network of over 1,000 active investors.
If you're considering selling, speak to us today to discover how we can help maximise your property's investment potential.
- 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
Gloucester Street, Atherton, Wigan
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Visit our security centre to find out moreDisclaimer - Property reference GlouchesterSTreet. 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 Caledonia Portfolio, Glasgow. 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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