Mid Terrace House | Sale
7.3% NET YIELD! TENANTED & FULLY MANAGED - GENERATING IMMEDIATE INCOME!
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Mr Investa are pleased to bring to the market this impressive two double bedroom mid terraced house with generous sized accommodation throughout and conveniently located for local shops, good schools and excellent public transport links including Ince Train Station which is within a short walking distance. The property is currently generating £595pcm.
This is an ideal opportunity for first time buy-to-let investors or experienced landlords looking to expand their property portfolio. This is one of two properties being advertised for sale with the same vendor. If you are an investor looking to rapidly expand your portfolio in the Wigan area, we would be happy to discuss details about the other property if you would like to consider purchasing both properties.
Briefly the property comprises; entrance vestibule, lounge, spacious dining kitchen with built in electric oven, gas hob and wall mounted combi boiler. Under stairs storage cupboard. Access to a utility/storage room. Stairs to landing with access to two large double bedrooms and a bathroom. Outside there is a west facing rear yard that benefits from the afternoon sun.
Tenanted on a rolling monthly contract
Current Financial Performance Rental Income: £595pcm / £7140 per annum Lettings Management Fee 7% + VAT: £599.76
NET Income: £6540.24 NET Yield: 7.3%
Tenure: Leasehold 999 years
NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa does not accept any responsibility in respect of this information provided.