Property Description

A fully occupied, twenty four bedroom, licenced HMO in Wigan currently producing £94,200 per annum with potential to increase. Situated within walking distance of Ince In Makerfield town centre and just over one mile from Wigan town centre is this twenty four bedroom, fully licenced HMO. All rooms are en-suite and the majority of rooms are large double bedrooms, each floor also benefits from its own kitchen. The substantial property has recently been fully refurbished to a high standard and the licence has been granted. Externally, the property benefits from a recently tarmacked car park, suitable for nine cars with a bike rack and bin store. The property offers huge potential in terms of income and there is even further development potential to add four more rooms, subject to planning. The property is well located for access to all necessary amenities including shops, transport links and outdoor spaces/sport facilities. Transport links include strong road connections with the A577 easily accessible nearby, connecting to the motorway network. There are also regular bus and train services operating nearby with Ince-In-Makerfield station just half a mile away. We are advised the property is currently achieving £94,200 per annum but has the potential to achieve £129,600 per annum. Please refer to the legal pack for further information.

Note:

The Auctioneers have only inspected part of the accommodation.

Tenure

Freehold

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