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Super Freehold Block of 9 Apartments

Bridgeman Terrace, Wigan, WN1
Asking Price
£TBC
Gross Yield
TBC%
9
9
9
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Overview

InvestmentTBC
Gross£88.2K/8%
Net£86.6K/7.9%
RegionNorth West
TenantCompany Let
SPV HeldN/A
ManagementSelf Managed
TenancyFRI Lease
LicenseN/A
Bedrooms9
Bathrooms9
Occupants9

Description

This fully tenanted block of nine apartments at Bridgeman Terrace, Wigan, offers a prime investment opportunity. Generating a monthly rental income of £7,347, which translates to £88,164 annually, the... Sign up to view full details.

Highlights

Fully Tenanted
Capital Growth Potential
Transport Links
Double Glazing
Off-Road Parking

Financials

MonthlyAnnual
Gross Rent£7,347£88,164
Utilities£133£1,596
Net Rent£7,214£86,568

Mortgage

Estimate mortgage costs with a few assumptions (LTV, rate, term). Rates and LTV vary by lender.

Payment
Rate
70%
5.5%
25y
Loan
£TBC
Deposit
£TBC
Monthly Payment
£TBC
Repayment
Est. Rent / mo
£7,347

This is for illustrative purposes only. Always obtain professional & qualified advice for HMO mortgages. For more information on HMO mortgages click here.

Property

Property TypeBlock
Sub TypeEnd Of Terrace
TenureLeasehold
ConstructionBrick & Tile
ConditionExcellent
HeatingElectric
Double GlazingPart
No StoreysN/A
GarageNone
GardenNone
ParkingOff-Road
No Parking spaces2
Listed BuildingNo
Current EPC RatingN/A
Potential EPC RatingN/A
Sq Ft3,175 Sq Ft

Management

HMO Management TypeSelf Managed
Monthly Management£0
Management Rate0%

Management Notes

HMO Management for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Management click here.

Rentals

Tenant typeCompany Let
Tenancy TypeFRI Lease
12 Month Occupancy100
OccupancyFully Let
No of Units9
No of Occupants9
TypeOcc.StatusAmount
1. Studio—Let£739
2. 1 Bed Flat—Let£826
3. 1 Bed Flat—Let£826
4. 1 Bed Flat—Let£826
5. 1 Bed Flat—Let£826
6. 1 Bed Flat—Let£826
7. 1 Bed Flat—Let£826
8. 1 Bed Flat—Let£826
9. 1 Bed Flat—Let£826
Total—£7,347

Operating Costs

GasN/A
WaterN/A
WifiN/A
ElectricN/A
Cleaner£0
TV licenseN/A
Insurance£133
Council TaxN/A
Total£133

HMO Utilities for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Utilities click here.

HMO Licensing

HMO License RequiredNo
HMO License TypeN/A
HMO License in PlaceN/A
HMO License ExpiryN/A
HMO Licensing CostN/A
No of Persons9
Units of Accommodation9
AuthorityWigan, Council
Authority URLN/A
Planning Use ClassC3

Floorplans

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Virtual Tour

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Bridgeman Terrace, Wigan, WN1· WN1 1SX

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