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Asking Price £92,995

Richmond Street, Wigan, WN3 5EB

Two bed flat in sought after residential location close to Wigan providing 7.8% yield.

Apartment / Studio

Two bed flat / Maisonette
Sold with tenant in-situ
8% yield guaranteed
Freshly decorated
Gas central heating / Double glazing
Boiler 2 years old
Electrics recently upgraded
616 SQ.FT.

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Full Description

Floorplans

ATTENTION INVESTORS AND FIRST TIME BUYERS ! Look no further than 50 Richmond Street!

Key Features include freshly decorated accommodation offering two bedrooms, a modern fitted kitchen and shower room, gas central heating with a boiler that is only 2 years old. built in wardrobes in main bedroom, recently updated electrical box and full double glazing. The energy rating is C ensuring the property is energy efficient and means the property can be rented past 2030 without requiring any costly improvements (The UK government plans to increase the minimum EPC rating to C by 2030)

With a prime location close to Wigan town centre and a reliable tenant sold in-situ, Richmond Street is truly worthy of your attention. Don’t miss out on this exceptional investment opportunity—schedule a viewing today!

Tenant paying £750 PCM with management fee currenty £99 pcm rising to £112 from April the property will provide a healthy yield of 8%.

Lease term is 125 Years From 1 February 1992.

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Council	Band A	Band B	Band C	Band D	Band E	Band F	Band G	Band H
Wigan Council	£912.44	£1,064.51	£1,216.58	£1,378.40	£1,672.80	£1,976.95	£2,281.10	£2,737.32	Website
West Lancashire	£1,001.18	£1,168.05	£1,334.92	£1,501.77	£1,835.49	£2,169.23	£2,502.95	£3,003.54	Website
South Ribble Borough Council	£1,014.34	£1,183.41	£1,352.47	£1,521.52	£1,859.63	£2,197.76	£2,535.86	£3,043.04	Website
Chorley Borough Council	£1,003.58	£1,170.85	£1,338.11	£1,505.37	£1,839.89	£2,174.43	£2,508.95	£3,010.74	Website