2 Bed Semi-Detached House For Sale Bronte Close, Wigan, WN3

£118,000- Semi-Detached

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Last Updated: 3rd July 2024

Description

Tucked away in a quiet cul-de-sac this two-bedroom semi-detached house sits on a spacious corner plot amidst a neighbourhood experiencing extensive redevelopment and investment. We are pleased to present this property for sale, attractively valued and ideal for a wide range of buyers including first time buyers, down-sizers and savvy investors. The house would benefit from some cosmetic updating/redecorating (a fact reflected in the competitive asking price) but upon refreshing the property, it's anticipated that it could command a rental income of approximately £750 per calendar month (PCM). This would translate to a promising yield exceeding 7%, positioning it as an immediately attractive investment opportunity. Moreover, considering the substantial investment and redevelopment currently underway in the vicinity, there is a strong possibility for a considerable appreciation in the property's fundamental value.Viewing is highly recommended and will reveal a front kitchen fitted with a range of modern handleless kitchen units, a rear good sized rear lounge and a uPVC conservatory which provides another family room or dining area overlooking the rear garden. Upstairs there are two bedrooms and a three piece bathroom. Outside the property enjoys being tucked away in the corner of a private cul-de-sac position with ample off road parking and a spacious fully enclosed rear garden.An economical, low maintenance home it enjoys a good energy efficiency rating. Other benefits include double glazing and gas central heating.We are advised that the property is freehold. Council tax band is B.
Agent Details
Regan & Hallworth
10-12 Library Street, Wigan, WN1 1NN

Investment Analysis

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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