4 Bed Flat For Sale Park Road, Wigan, WN6

£150,000- Flat

1 of 15
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Last Updated: 27th June 2024

Description

An exciting investment opportunity! TWO SELF CONTAINED APARTMENTS close to the town centre, with excellent transport links and walking distance to local shops and Mesnes Park. The properties are currently tenanted, achieving £930PCM, achieving a yield of 7.44% one flat is currently let on a rolling notice and the other is fixed until March 2025. There is certainly opportunity increase the yield further, should the new owner wish to do so. \r
The flats are finished and presented to a good standard, the ground floor briefly comprises: Entrance hall, lounge, fitted kitchen, two bedrooms and bathroom.\r
The first floor comprises: Kitchen, large inner hallway, lounge, fitted kitchen, two bedroom and bathroom.To the outside there is a single car garage at the rear.\r
Park Road is a well established residential area well served by independent shops and within walking distance of Mesnes Park and Wigan Town Centre Viewings are essential to appreciate the quality of the accommodation and investment potential.
Agent Details
Morgan H Lewis
83 Mesnes Road, Swinley, Wigan, WN1 2QT

Investment Analysis

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Calculators

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested