Block of 9 x Self-Contained Flats in Need of Refurbishment – ERV when completed c£40,000 pa

St Joseph’s Presbytery is a Grade II listed building which has been converted to 9no. self-contained flats, providing 2x one bed flats and 7x studio flats over 4 floors. Six of the flats are housed within the main building and the remaining three flats provided within the rear extension. Accommodation: Flat 1 – bedroom, bathroom, kitchen, living area in the basement Flat 2 – open plan living/kitchen, bedroom, rear hall and bathroom. Flats 4, 5, 7 & 8 – entrance hall, living/bedroom, kitchen and bathroom Flats 3 & 6 – Open plan living/bedroom and rear hall to kitchen and bathroom. Flat 9 – Entrance hall with staircase to attic, providing living room, bedroom, bathroom and kitchen. Internally the property is in need of refurbishment throughout. Location The properties are prominently situated, fronting Caroline Street, close to the junction with Wallgate (A49) and convenient for Wigan town centre and all facilities including both train stations. When completed the estimated rental income is understood to be approximately £40,000 pa. Note The sale also includes the freehold interest of the adjoining Church, however a long leasehold interest has been sold off from this. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating D,C,C,C,D,E,D,D

Local Authority

Wigan Metropolitan Borough Council

Additional Fees

Administration Charge - 1.5% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.