Property Details
Leigh WN7 - MULTIPLE UNITS AVAILABLE
Investment property for sale.
Offers Over £75,000
Property Description:
LOCATION
the property includes: - Communal entrance; Entrance Hall, lounge/kitchen, bedroom and bathroom/WC. The property is heated by convector heaters.
The property benefits from communal gardens and private car park for residents.
DESCRIPTION/ ACCOMMODATION
COMMUNAL ENTRANCE HALL
APARTMENT 4:
ENTRANCE HALL Built in store cupboard. Convector Heater.
BATHROOM Panelled bath with shower fitment over bath. Pedestal wash hand basin. Low level WC.
LOUNGE/KITCHEN AREA 26'8 (max) x 11'10 (max) Open plan living space with lounge area with feature bay window. Kitchen area fitted with wall units and base cupboards. Sink unit. Oven hob and extractor fan.
BEDROOM 14'3 (max) x 9'2 (max) Convector heater.
OUTSIDE:
GARDENS Communal gardens.
PARKING The property has a private car park for residents.
COUNCIL AND TAX BAND Wigan Council Tax Band A.
TENURE
Leasehold. Ground Rent & Service charge £1,500 per annum approx.
TENANCY
Short hold current income £6,600.00 per Annum
Net Initial Yield of 9%
VAT
Not VAT registered
EPC
Certificate and report are available upon request
PROPOSAL
This is an excellent opportunity to purchase a small investment in a vibrant town.
We are seeking offers over £75,000, subject to contract, representing an attractive Net Initial Yield of approximately 9%.
VIEWING
Strictly by appointment only.