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Freehold 5 bedroom Licenced HMO for Sale in Wigan Greater Manchester

Wigan, Greater Manchester, England

  • Freehold Price: £190,000
  • Annual Gross Profit: £22,800
Seller Reference: Rutter Green Commercial 1385
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Business Description
 
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Seller Reference: Rutter Green Commercial 1385
Request Details
Business Description
Confidential Sale.

• Licensed 5 Bedroom HMO all with en-suite bedrooms..
• Fully tenanted.
• Operated under management.
• Popular location within Wigan.
• Property completely refurbished in 2019.
• Double glazing throughout.
• Spacious and enclosed rear yard.
• Easily accessible by public transport.

Gross Monthly income of £1900 per month, £22,800 per year.

Rutter Green Commercial is delighted to offer for sale this 5 bedroom HMO property within Wigan, Greater Manchester. The HMO is located in a popular residential area of Wigan whilst still being close to numerous independent shops and businesses. It is on a major bus route and easily accessible to Wigan town centre as well as the hospital, Wigan and Leigh College and both mainline railway stations. In addition, it is within comfortable commuting distance of all major North West conurbations and the regional motorway network.

This substantial two storey end terraced property has undergone a substantial refurbishment programme in 2019 and benefits from a high standard of fixtures and fittings throughout. The property has 5 ensuite bedrooms which are operated under lettings management and are fully occupied. Currently the total annual income from the rooms is £22,900 per annum. The ongoing management of this property makes it an ideal investment opportunity.

Two storey premises briefly comprising of;

Ground floor,
- Hallway,
- Room 1 – Single Bedroom with en-suite shower, WC and basin.
- Room 2 – Double Bedroom with en-suite shower, WC and basin.
- Kitchen / Diner – well equipped with fitted wall and base units, stainless steel sink, worktops, fan assisted oven, microwave, toaster, kettle, fridge / freezer, dryer / washing machine, all kitchen utensils and cutlery.
Dining table with 4 chairs.
- Additional exit door to enclosed rear yard.

Internal stairway to first floor;
- Room 3 - double bed with en-suite shower, WC and basin.
- Room 4 - double bed with en-suite shower, WC and basin.
- Room 5 – double bed with en-suite shower, WC and basin.

This is a unique opportunity to purchase such a desirable 5 bedroom HMO property in an ideal location within Wigan. Early discussions with Rutter Green Commercial, in confidence, must come highly recommended.
Rutter Green Commercial Ref. 1385.
Telephone 01942 597370.
enquiries@ruttergreencommercial.co.uk
Tenure:
Freehold
Listed by:
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