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4 bedroom house of multiple occupation for sale
Cecil Street, Wigan, Greater Manchester, WN1
£190,000
Cecil Street, Wigan, Greater Manchester, WN1
£190,000
Price History
Initial price | £220,000 |
01/07/25 | £200,000 |
15/08/25 | £190,000 |
Price Change | -13.64% |
Description
This refurbished four-bedroom HMO in Wigan is a high-yielding investment opportunity, offering a gross yield of 13.52%. The property, located in a sought-after residential area, has been fully converted to provide four ensuite rooms, making it an ideal configuration for long-term rental income. The property is vacant and ready for reletting, presenting a turnkey opportunity for new and seasoned investors. With a guide price of £190,000 and an estimated gross annual income of £25,440, this property offers a strong potential for stable, recurring monthly income. The property is fully refurbished and has a desirable central location, with no licence required due to its four-bedroom configuration. The property is available to view, but please note that it is currently tenanted and viewings need to be respectful of the tenants' right to a peaceful environment.