6 Bedroom HMO Property

6 bedroom fully-licenced HMO property for sale in Wigan, currently generating £50,940.00 gross (£43,168.00 net) per annum.

This recently refurbished property is so much more than the traditional HMO, embracing the demand for modern-day, high-specification contemporary co-living space. The property itself is well considered and thought out, and designed to cater for the more discerning tenant. Subsequently, Alker Street offers landlords the opportunity to capitalise on this rapidly expanding sector of the HMO property market.

Alker Street - 6 Bedroom HMO Property
High-specification co-living design
All bedrooms include ensuite facilities
Sui Generis planning approved
Total annual gross income: £50,940.00
Total annual running costs: £7,771.80
Total net income: £43,168.20
Gross yield: 12%
Net Yield: 10%

Alker Street - Location
Close proximity to central Wigan
High local rental demand
Close proximity to both Manchester and Liverpool

Reservation Process and Payment Plan
Signed reservation form plus sourcing fee of £2,500 + VAT.
Provide certified ID, proof of address and proof of funds to Pure Investor.
Solicitors instructed.
Remaining balance due on completion.

Contact us today for your free-of-charge, no-obligation information pack on this property.

If you are considering investing in an HMO, and are currently considering the type of accommodation you would like to present to tenants, we would strongly recommend you read the following article - A Flight To Quality - The Rising Demand For The Professional HMO or Co-living Property