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6 Bed HMO, Wigan, WN3 5HL £420,000

Poolstock Lane, Wigan, Greater Manchester, WN3 5HL - 32 views - 6 months ago
  1. Deal Search
  2. Wigan
  3. WN3
  4. WN3 5HL
Sold STC
Leasehold
HMO
Cash
Refurb/BRRR
ROI: 5%
~186 m²

ValuationFair Value

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Links

  • More Deals in Wigan
  • More Deals in WN3
  • More HMO Deals
  • More HMO Deals in Wigan
  • More HMO Deals in WN3

Property History

Listed for £420,000

June 24, 2025

Floor Plans

Description

  • HMO Property Investment +
  • 6 Bedroom & 6 En-Suites +
  • Generating £49,440 PA +
  • Gross Yield of 11.8% +
  • Fully HMO Compliant and Finished to a High Spec +
  • EPC Rating C +

Key Investment Highlights:
Asking Price: £420,000
Gross Annual Income: £49,440
Net Annual Income: £8,431.80
Gross Yield: 11.8%
Net Yield: 9.8%
Tenure: Leasehold (length to be confirmed but peppercorn expected)
Fully Let & Operational
Licensed HMO
EPC: C
An excellent opportunity to acquire a fully tenanted, high-specification HMO in a prime Wigan location. This turnkey asset generates strong cash flow and is ideal for seasoned investors looking for a reliable, high-yielding property.

Property Description:
6 En-Suite Double Bedrooms
Fully Furnished to High Standard
Contemporary Communal Kitchen & Dining Area
Fully Compliant with HMO Fire & Safety Regulations
Interlinked Smoke Alarms, Emergency Lighting, Fire Doors
Double Glazing & Gas Central Heating
Off-Road Parking & Rear Yard
High-Spec Renovation - No Immediate Works Required
Tenancy & Financials:
Gross Income (PA): £49,440
Total Expenses (PA): £8,431.80
Net Income (PA): £41,008.20
Gross Yield: 11.8%
Net Yield: 9.8%
Location Information:
Situated on the popular Poolstock Lane, this property offers excellent transport connectivity and local amenities:

Wigan Town Centre: Under 1 mile
Wigan North Western Station: Direct links to Manchester & Liverpool
Robin Park Retail & Leisure Complex: Minutes away
M6 & M58 Motorways: Quick access for commuters
Consistently strong rental demand from professionals

Agent Details

Pure, Manchester

0161 524 5533

Next Steps?

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

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Investment Opportunity

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