109 Spring Street, Wigan, Lancashire, WN1 3AX

Guide Price

£119,000 plus

Additional Costs / Fees will apply

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Property Details

Location

Description

A recently fully refurbished, mid-terrace HMO presenting a high-return investment. Currently generating £25,200 per annum (£2,100 pcm), the property comprises 4 bedrooms, a kitchen/dining area, and a separate living room, arranged over two floors. The property has recently undergone a full refurbishment including a new heating system and complete rewire to a high standard. Fully tenanted from the beginning of March, this turnkey investment offers immediate rental income for portfolio expansion. (Note: Photos were taken prior to tenant occupancy.)

Location

The property fronts Spring Street, accessed from the north via Darlington Street East (A577) and leading to the nearby Wigan town centre. The local area is of mixed use, with both residential dwellings and amenities nearby; these include a Lidl supermarket, various eateries, schools, and all the national brands trading in Wigan town centre.

Tenure

The property is sold leasehold on a 999 year term from 12th May 1879.

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 25TH MARCH AND CLOSES ON WEDNESDAY 26TH MARCH.

3. The property is listed with a Council Tax assessment in Band A.

4. Energy Performance Certificate = E.

5. Pugh & Co has not inspected the property and has relied on information and photographs from the vendor (taken prior to the tenants moving in). Buyers are deemed to have undertaken prudent due diligence.