Super Freehold Block of 9 Apartments

Bridgeman Terrace Wigan, WN1

REF 4185

  • INVESTMENT

    £1,000,000

  • GROSS YIELD

    8.82%

  • ANNUAL RENT

    £88,164

Super Freehold Block of 9 Apartments For Sale
Coming Soon
  • INVESTMENT

    £1,000,000

  • GROSS YIELD

    8.82%

  • ANNUAL RENT

    £88,164

  • REF

    4185

DESCRIPTION

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Features

  • Fully Tenanted
  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
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FINANCIALS

  • Investment £1,000,000
  • Gross Annual Rent £88,164
  • Gross Monthly Rent £7,347
  • Gross Yield 8.82%
  • Net Monthly Rent £7,214
  • Net Yield 8.66%
  • Min 25% Deposit Requirement £250,000
  • Monthly Mortgage Payment* £3,125
  • Monthly Cashflow £4,089

*Based on 75% LTV 2.5% APR. Note. Always speak to a qualified HMO mortgage broker for an accurate quote. These rates are an example of the potential % APR rates only. Visit theHMOmortgagebroker.co.uk to find out the latest HMO mortgage rates.

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Fees

  • Buyers Fee £0

The fee charged to the buyer in addition to the purchase price.

  • Reservation Deposit --

The deposit amount to secure the HMO opportunity. This is fully refundable in accordance with the terms & conditions (see FAQs) and is deducted from the purchasre price upon completion. In the case of this property, the reservation deposit is -- then the balance due on completion is £1,000,000.

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Property

  • Property Type Block
  • Double Glazing Part
  • Sub Type End of Terrace
  • Garage None
  • Tenure Leasehold
  • Garden None
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 2
  • Heating Electric
  • EPC Rating
  • Size 3175 ft²
  • Listed Building No
  • Kitchens 9
  • Studio 1
  • 1 Bed Flat 8
  • Property Type Block
  • Double Glazing Part
  • Sub Type End of Terrace
  • Garage None
  • Tenure Leasehold
  • Garden None
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 2
  • Heating Electric
  • EPC Rating
  • Size 3175 ft²
  • Listed Building No
  • Kitchens 9
  • Studio 1
  • 1 Bed Flat 8
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Photos

Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
Super Freehold Block of 9 Apartments For Sale
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VIRTUAL TOUR

Use the most immersive way to experience a property online. Take a virtual tour.

Use the most immersive way to experience a property online. Take a virtual tour.

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Rental

  • Tenant Type
  • Company Let
  • 12 Month Occupancy
  • 100
  • Occupancy
  • Fully Let
  • Tenancy Type
  • FRI Lease
  • No. of Tenants
  • 9
  • Tenant Type
  • Company Let
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • FRI Lease
  • No. of Tenants
  • 9
  • Unit 1
  • £739
  • Let
  • Studio
  • Unit 2
  • £826
  • Let
  • 1 Bed Flat
  • Unit 3
  • £826
  • Let
  • 1 Bed Flat
  • Unit 4
  • £826
  • Let
  • 1 Bed Flat
  • Unit 5
  • £826
  • Let
  • 1 Bed Flat
  • Unit 6
  • £826
  • Let
  • 1 Bed Flat
  • Unit 7
  • £826
  • Let
  • 1 Bed Flat
  • Unit 8
  • £826
  • Let
  • 1 Bed Flat
  • Unit 9
  • £826
  • Let
  • 1 Bed Flat
  • Total £7347
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Costs

  • Gas
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance £133
  • Council Tax
  • Gas
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance £133
  • Council Tax
  • Total £133
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LICENSING

  • HMO License Required No
  • Planning Use Class C3
  • HMO License Required No
  • Planning Use Class C3
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Management

  • Type Self Managed

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FLOOR PLAN

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LOCATION

Bridgeman Terrace, Wigan, WN1 1SX, United Kingdom

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BROCHURE

Download the investment brochure
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Coming Soon. We are currently in the process of on boarding this HMO opportunity. See Ts & Cs.
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