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6 Bed HMO, Wigan, WN2 4BN £340,000

Castle Hill Road, WN2 4BN - 2 views - 3 months ago
  1. Deal Search
  2. Wigan
  3. WN2
  4. WN2 4BN
Leasehold
HMO
Inside Article 4
ROI: 9%
~186 m²

ValuationUndervalued

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Links

  • More Deals in Wigan
  • More Deals in WN2
  • More HMO Deals
  • More HMO Deals in Wigan
  • More HMO Deals in WN2

Property History

Price changed to £340,000

November 15, 2025

Listed for £350,000

September 9, 2025

Floor Plans

Description

  • 6 Bed & 6 Ensuite HMO Property +
  • Full Licenced Since 2022 +
  • Fully Renovated a Few Years Ago & Finished to a High Spec +
  • Spanning Over Four Floors +
  • Annual Rental Income of £40,000 +
  • Gross Yield of 11.4% +

Property Overview
An exceptional investment opportunity in the heart of Hindley, Wigan, this fully licensed 6-bedroom HMO (House in Multiple Occupation) offers a proven rental income of £40,000 per annum.
The property has been professionally converted under permitted development rights with full building control sign-off and all building regulations in place. Spanning four spacious floors, it has been designed specifically for modern HMO living, ensuring maximum tenant appeal and minimal void periods.
* 6 Bedrooms - All with Private En-suites
* Modern Kitchen in the basement
* Stylish Communal Living Room on the ground floor
* Freehold Property - No ground rent or leasehold restrictions
________________________________________
Financial Performance
Gross Rental Income:
* £40,000 per annum
Monthly Outgoings:
* Internet: £25
* Council Tax: £158
* Electric: £127
* Gas: £334
* Water: £45
* TV Licence: £14.50
Total Monthly Costs: £703.50
Annual Costs: £8,442
Net Annual Income:
£40,000 - £8,442 = £31,558
Return on Investment:
* Asking Price: £350,000
* Net Yield: 9.01%
A yield of over 9% makes this property a high-performing investment, outperforming many comparable HMOs in the region.

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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