5 Bed HMO, Leigh, WN7 5DE, £180,000

Wigan Road, Leigh, WN7 5DE - 13 views - 5 months ago

Sold STC
HMO
ROI: 11%
~178 m²
+1 photos

ValuationUndervalued

Sold Prices£120K - £557.4K
Sold Prices/m²£1.3K/m² - £4.1K/m²

 

 

Square Metres

~178.28 m²
Price/m²£1K/m²

Value Estimate

£219,600
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Room Rate

£392

Gross Rent

£1,960

Running Costs/mo

£1,495

Cashflow/mo

£465

Cashflow/yr

£5,581

ROI

11%

Gross Yield

13%

Local Sold Prices

21 sold prices from £120K to £557.4K, average is £315K. £1.3K/m² to £4.1K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£347K12/200.88 mi71, St Helens Road, Leigh, Greater Manchester WN7 4HA5
£203K04/211 mi605, Leigh Road, Leigh, Greater Manchester WN7 1UA5
£350K02/231.07 mi6, Bewley Grove, Leigh, Greater Manchester WN7 1JS5
£285K03/211.12 mi29, Spinnerette Close, Leigh, Greater Manchester WN7 2HP5
£355K06/211.19 mi6, Spires Croft, Leigh, Greater Manchester WN7 2RE5
£315K02/211.26 mi34, Chestnut Drive, Leigh, Greater Manchester WN7 3JW5
£557.4K05/231.26 mi13, Chestnut Drive, Leigh, Greater Manchester WN7 3JW5
£342K06/211.3 mi21, Hand Lane, Leigh, Greater Manchester WN7 3LP5
£284.5K06/211.46 mi22, Milnes Avenue, Leigh, Greater Manchester WN7 3JU5
£120K03/231.51 mi4, Heath Gardens, Hindley Green, Wigan, Greater Manchester WN2 4TF5
£210K05/211.63 mi20, Rosedale Drive, Leigh, Greater Manchester WN7 2TN5
£432.5K05/211.73 mi16, Gadbury Court, Atherton, Manchester, Greater Manchester M46 0SQ5
£450K05/231.75 mi155, Warrington Road, Leigh, Greater Manchester WN7 3XD5
£303K05/232.06 mi34, Maypole Crescent, Abram, Wigan, Greater Manchester WN2 5YN5
£400K10/212.26 mi35, Dunham Close, Westhoughton, Bolton, Greater Manchester BL5 2RP5
£252K11/202.27 mi42, Kenilworth Drive, Hindley Green, Wigan, Greater Manchester WN2 4PQ5
£340K07/232.48 mi10, Langfield, Lowton, Warrington, Greater Manchester WA3 2QP5
£312.5K03/212.52 mi6, Marsh Brook Close, Hindley, Wigan, Greater Manchester WN2 4EA5
£310K06/212.56 mi4, Debdale Lane, Astley, Manchester, Greater Manchester M29 7FL5
£285K03/212.57 mi8, Chow Bent Close, Atherton, Manchester, Greater Manchester M46 9EN5
£417.5K09/232.7 mi14, Ranworth Drive, Lowton, Warrington, Greater Manchester WA3 2SY5

Local Area Statistics

Population in WN7

47,819

Town centre distance

189.72 miles away

Nearest school

0.30 miles away

Nearest train station

2.71 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £180,000

November 20, 2024

Description

  • EXCEPTIONAL INVESTMENT OPPORTUNITY +
  • 5 bedroom +
  • 5 en-suite +
  • fully tenanted +
  • call to arrange a viewing +

CALLING ALL INVESTORS - HIGH YIELD 5 bed HMO Investment opportunity!

Fully tenanted Producing £23.5k p.a
GROSS YIELD 13%
Renovated to a high standard
Fully Compliant to HMO Regulations
Licensed with the local authority
Large end terrace - set over 2-storeys - 5 Bedrooms (all with Ensuite facilities)

EXCEPTIONAL INVESTMENT OPPORTUNITY

Agent Details

Dwell & Co, Bolton

01204 958028

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪