Acton Street, Wigan, WN1

21 bedroom Multi-Unit Property in Wigan

For Sale
Offers Over £1,340,000
Current Yield 7.3 %
Potential Yield 9 %
Property Reference: 206035838
  • Multi-Unit Property
  • 21 Bedrooms
  • 21 Bathrooms
  • 21 Receptions

Property Features

Property Features

  • Multi-Unit Property
  • Portfolio of 21 Flats
  • Lounge and Kitchen
  • Easy Access to Local Amenities
  • Prime Rental Location
  • Investment Opportunity

Property Information

Full Details

A portfolio of 21 flats located in Wigan with 19 tenants and 2 vacant. They are currently generating steady, rewarding rental returns for the current landlord.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The properties feature a spacious lounge, kitchen, bathroom, and bedroom with close proximity to local amenities and fantastic local transport links throughout.

Investment Details

The properties currently produce an annual gross income of £114,000 which the new owner could increase to a market rate of £141,876 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.

Please see the Let Property Pack linked below for greater detail on this property's investment potential.

If you are interested, please call us.

Let Property Sales is committed to facilitating a smooth transaction process and allowing for maximum commitment to the sale from both parties, a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.

Helpful Information

Council Tax Band: A
Property Reference: 206035838

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £9,500
  • Potential Rent pcm: £11,823
  • Tenancy Agreement in place: YES
  • Tenancy Compliance in place: YES
  • Current Term of Tenancy: 2 years
  • Tenants means of funding: Local Authority Funded
Property Reference: 206035838
Property Reference: 206035838

Property Location

Similar Properties

  • Leopold Street
    Nairn
    Offers Over £1,500,000
    • 21
    • 18
    • 18
    Multi-Unit Property
    Current Yield: 7.3%
    Potential Yield: 7.7%
    View Property
  • Corkland Road
    Manchester
    Offers Over £1,490,000
    • 6
    • 3
    • 1
    Multi-Unit Property
    Current Yield: 3.6%
    Potential Yield: 4.4%
    View Property
  • Hermitage Court
    Oadby
    Offers Over £1,100,000
    • 9
    • 9
    • 1
    Flat
    Current Yield: 5.5%
    Potential Yield: 5.5%
    View Property
  • Darlington Road
    Stockton-On-Tees
    Offers Over £1,030,000
    • 7
    • 2
    • 2
    Detached House
     
    Potential Yield: 3.3%
    View Property

Request DetailsActon Street, Wigan, WN1

Offers Over £1,340,000

Make an offer
Acton Street, Wigan, WN1

Listing Price

Offers Over £1,340,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.