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Property Details

71-73 LOCK STREET, ORREL, WIGAN, WN5 OAF - Wigan

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  • Orrell St1
  • Orrell St2

For Sale £220,000 No Offers - Investment
6 Bedrooms Print this page

LOCATION
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.

 

DESCRIPTION

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.

 

ACCOMMODATION

Full plans on request

 

TENANCY INFORMATION

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

 

PRICE

£220,000 NO OFFERS

 

This represents an 8.5% gross yield, assuming 3% stamp duty on purchase costs and usual solicitors fees.

 

EPC’S

Available on request

 

VAT
All prices, rents and outgoings are exclusive of but may be liable to VAT at the prevailing rate.

 

VIEWING

Strictly by prior appointment with the agent –

 

Simon Fraser MRICS

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