5 bedroom terraced house for sale

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5 bedroom terraced house for sale

Ormskirk Road, Wigan, Greater Manchester, WN5
£340,000

Price History

Initial price £360,000
06/06/24 £340,000
17/10/24 £320,000
22/11/24 £340,000
Price Change -5.56%

Description

This 5-bedroom HMO property in Newton, Wigan, is a fantastic investment opportunity. The property features five en-suite bedrooms, as well as communal areas that are sure to impress. Located just a mile from Pemberton Station and 1.9 miles from junction 26 of the M6 motorway, the property is easily accessible and close to local amenities, including an Aldi supermarket and Asda. The property is freehold and has a valid HMO license, with a total annual income of £38,280 and a gross yield of 11.25%. For investors looking to secure mortgage finance for their HMO property, Pure Investor partners with a specialist mortgage broker who can help navigate the unique criteria for HMO mortgages. With its excellent location and strong rental potential, this property is an attractive option for those looking to invest in the Wigan area.