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Swinley Lane, Wigan, Greater... 4 bed end of terrace house for sale
Swinley Lane, Wigan, Greater Manchester, WN1
£130,000
Swinley Lane, Wigan, Greater Manchester, WN1
£130,000
Our Summary
- FOR SALE BY ONLINE AUCTION 11TH JUNE 2025:This end terrace is split up into four apartments, comprising two studios and two one-bedroom flats
- 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 end-terrace property is being sold through online auction on June 11th, 2025, and is currently divided into four apartments: two studios and two one-bedroom flats. Two of the apartments are currently rented out for £620 per month, and the expected rental income for the two vacant flats is £800 per month, resulting in a combined income of £1,420 per month. The property is located in the sought-after WN1 area, which offers high tenant demand and excellent rental yield potential, with proximity to local amenities, schools, and transport links. The property is being sold on a leasehold basis, with a Council Tax Band A rating, and the sale is subject to a buyer's administration fee of 1% + VAT of the sale price, payable on the fall of the hammer.