Pure Investor brings to the market this fantastically finished 5-bedroom HMO property in Newton, Wigan. Each bedroom has an en-suite bathroom with tenants also benefitting from communal areas that would be at the envy of most owner occupiers. Situated in Newtown and about 25 miles to the Manchester & 18 miles to Liverpool, this home is located less than a mile from Pemberton Station and 1.9 miles from junction 26 of the M6 motorway. The home is about 0.4 miles from the nearest Aldi, and there is also an Asda supermarket (less than 1 mile away) within easy reach.. The nearest airport is Liverpool John Lennon Airport (17.0 miles). The nearest hospital is Royal Albert Edward Infirmary (2.5 miles).
Asking Price: £340,000.00
Number Of Bedrooms: 5
Number Of Bathrooms: 5
Mid Terraced Property
Freehold
Valid HMO License
Total Annual Income: £38,280.00
Gross Yield 10.6%
Mortgage Finance For HMO Properties
We partner with a mortgage broker who offers a specialist service for HMO mortgages and related finance. Experienced investors will understand that mortgages for HMO are based on different criteria than your standard residential buy-to-let. In particular, the ability to secure an investment valuation for the HMO (as against a bricks-and-mortar valuation) can often be the deciding factor on whether or not you are able to proceed with the purchase.
If you are looking to invest in an HMO property, and are currently considering your options for finance, please let us know and we would be delighted to make an introduction on your behalf.
Agent Details
Pure, Manchester
0161 524 5533
Next Steps?
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