For Sale £220,000 No Offers - Investment
The property is situated on the western side of Lock Street close to the junction with Kershaw Street in Orrell, 2 miles west of Wigan Town Centre.
The property comprises of 2 one bed flats, a three bed house and a 1 bed bungalow.
At the rear of the property there are 4 allocated parking spaces within a gated yard.
The front, left hand side of the property is listed.
Full plans on request
No. 73: £110.00 per week (3 bed house)
No. 71: £90.00 per week (1 bed flat)
No. 71A: £85.00 per week (1 bed flat)
No. 71B: £90.00 per week (1 bed bungalow)
The rents have not been reviewed by the current Landlord since he bought the property and appear to be slightly below market value. All tenants are private and on 6 month AST’s
£220,000 NO OFFERS
This represents an 8.5% gross yield, assuming 3% stamp duty on purchase costs and usual solicitors fees.
Available on request
All prices, rents and outgoings are exclusive of but may be liable to VAT at the prevailing rate.
Strictly by prior appointment with the agent –
Simon Fraser MRICS