Mid Terrace House | Sale
TENANTED & FULLY MANAGED BUY-TO-LET INVESTMENT OPPORTUNITY! Currently achieving a NET yield of 6.9% 12 month tenancy until March 2024 BRAND NEW BOILER INSTALLED SEPTEMBER 2023!
Mr Investa are pleased to bring to the market this tastefully upgraded 3 bedroom end of terrace house which benefits from a modern open plan layout to the ground floor which has been previously extended to create a dining kitchen. The property is currently generating £750pcm.
Briefly the property comprises; entrance to lounge and through to dining kitchen with built in electric oven and hob and a brand new wall mounted combi boiler. Stairs to landing with access to a double bedroom to the rear, two single bedrooms to the front and a shower room.
Current Financial Performance Until March 2024 Rental Income: £750pcm / £9,000 per annum Lettings Management Fee 7% + VAT: £756 per annum
NET Income: £8,244 NET Yield: 6.9%
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.
Great location close to good local schools, shops and other convenient local amenities. Bickershaw Country Park and Pennington Waterside Marina are also close by and a short drive to Wigan and Leigh Town Centres. Excellent public transport links nearby.
Tenure: Freehold
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.