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Swinley Lane, Wigan, Greater... 4 bed end of terrace house for sale
Swinley Lane, Wigan, Greater Manchester, WN1
£120,000
Swinley Lane, Wigan, Greater Manchester, WN1
£120,000
Our Summary
- FOR SALE BY ONLINE AUCTION 9TH JULY 2025:This particular lot has been converted into four flats; there are two studios and two one-bed flats
- With a rental review, and at full capacity, the unit has the potential of accruing circa £1,420pcm
- ACCOMMODATIONGround floor: entrance hallway, studio apartment, separate W/C for studio, 1 bedroom flat (lounge, kitchen, bathroom and bedroom) First floor: Landing, studio apartment, separate W/C for studio, 1 bedroom flat (lounge, kitchen, bathroom and bedroom)LOCATIONWN1 is a sought-after area with high tenant demand, offering excellent rental yield potential
- TENURE LeaseholdCOUNCIL TAX BAND AAUCTION FEESThe sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £2000 + VAT, payable on the fall of the hammer
Description
This property, located in the sought-after area of WN1, has been converted into four flats, consisting of two studios and two one-bed flats. Two of the units are currently let, generating a combined income of approximately £640 per month, with potential for full occupancy to yield around £1,420 per month. The property features a mix of open-plan and separate living spaces, with each flat having its own bathroom and kitchen. The location offers excellent rental yield potential, with high tenant demand and proximity to local amenities, schools, and transport links. The property is being sold on a leasehold basis, with a council tax band of AA, and is available for sale by online auction on July 9th, 2025, subject to a buyer's administration fee.