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Five Bedroom Terrace House Currently Used as a HMO - Part Tenanted Producing £975 pcm (£11,700pa) ERV when fully let £1,625 pcm (£19,500 pa)
Two storey plus attic five bedroom terrace house with rear yard. The property is currently used as a HMO, however we understand that the License for the property has expired. We are informed that three of the five rooms are tenanted by way of AST agreements at £325pcm per room, the current rental income being £975 pcm (£11,700pa) with 2 rooms currently vacant. When fully let the property could produce £1,625 pcm or £19,500 pa once fully. Internally the property briefly provides the following: Ground Floor: Entrance hall, front room (furnished as bedroom), kitchen/dining room, utility area & bathroom First Floor: Bathroom, two bedrooms with further two bedrooms in the attic/roof space The property benefits from mains electricity and gas fired central heating and externally there is an enclosed yard area to the rear. The property is conveniently located approximately 1 mile to the north of Wigan town centre and approximately 200 m from Wigan Infirmary.
Tenure
To Be Confirmed In Legal Pack
Viewing
Please contact Auction House North West Commercial on 0161 830 7477
Energy Efficiency Rating (EPC)
Current Rating E
Local Authority
Wigan Metropolitan Borough Council
Solicitors
Burlingtons LLP, 5 Stratford Place, Marylebone, LONDON W1C 1AX, Ref: Fionan Foo, Tel: 0207 529 5420
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - 1.2% including VAT subject to a minimum of £900 including VAT payable in addition to the Administration Charge
Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.