For Sale – 5 Bedroom Freehold HMO Property (House in Multiple Occupation)

Pemberton, Wigan

This is one of four properties all being sold on the same plot – to be sold either all together as a portfolio or individually. Five Bedroom Property for Sale, operated as a HMO (House in multiple Occupation), being sold as a going concern with sitting tenants. High specification terraced house, built in 2019 to a high standard for its current purpose as a HMO. They have since been maintained and managed to a high standard.

· Guide price: £300,000

· Total current rental income: £27,600 per annum / £2300 per month.

· Total rent charged per room: between £450 and £825.

All rooms tenanted on transferrable AST contracts with professional working tenants, it is currently operated as a hands-off investment, managed by a letting agent. The rooms are always in high demand and there have never been problems with void periods.

On the ground floor each property contains a fully fitted studio flat, with their own, separate entrance, kitchenette and bathroom. These studio flats are able to cater for occupants with mobility problems / disabilities. The ground floor studio apartments could also / alternatively be used as class B1 Business premises, and are already licensed for such use. They each have alternative entrances that could be used independently of the main house doors and gates.

2 of the rooms feature en-suite facilities. The (1st floor) room have their own balcony. Each property contains a modern, shared kitchen, bathrooms and utility/laundry room.

Excellent fixtures and fittings throughout, well managed and maintained, a real turn-key investment opportunity offering a new owner a great return on investment.

Outside the property are 4 garages / lock ups used for storage.

The property would be an ideal location and format for a supported living provider contract to be implemented due to the disabled access / rooms.

EPC Rating B

Ideally located – excellent transport links with a good network of motorways only a few short minutes away (M6, M58, M57, M61, M62, M65). Also conveniently located to a vast array of local shops, bars, cafés and restaurants, all within 2 minutes walking distance of the properties.

For further details or to arrange a viewing, please enquire now via this advert or contact Vincent Stevenson at Business Monkey.