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      We are the North West's leading Estate Agent with 27 years experience specialising in selling and letting properties in Wigan, Standish, Leyland, Chorely and Parbold, as well as the towns and villages around West Lancashire.

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Asking Price  £97,950

Richmond Street, Wigan, WN3 5EB

Two bed flat in sought after residential location close to Wigan providing 7.8% yield.

Apartment / Studioreceptions1bathrooms1bedrooms2
  • Two bed flat / Maisonette
  • Sold with tenant in-situ
  • 7.8% yield guaranteed
  • Freshly decorated
  • Gas central heating / Double glazing
  • Boiler 2 years old
  • Electrics recently upgraded
  • 616 SQ.FT.
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Valuation
Description
Floorplans

ATTENTION INVESTORS: Are you on the lookout for a lucrative investment opportunity? Look no further than 50 Richmond Street! This first floor flat/maisonette is being sold with a long term lease and already has a reliable tenant in place, ensuring immediate rental income from day one.

Key Features include freshly decorated accommodation offering two bedrooms, a modern fitted kitchen and shower room, gas central heating with a boiler that is only 2 years old. built in wardrobes in main bedroom, recently updated electrical box and full double glazing. The energy rating is C ensuring the property is energy efficient and means the property can be rented past 2030 without requiring any costly improvements (The UK government plans to increase the minimum EPC rating to C by 2030)

With a prime location close to Wigan town centre and a reliable tenant sold in-situ, Richmond Street is truly worthy of your attention. Don’t miss out on this exceptional investment opportunity—schedule a viewing today!

Tenant in situ paying £750 PCM with management fee currenty £99 pcm rising to £112 from April the property will provide a healthy yield of at least 7.8%.

Lease term is 125 Years From 1 February 1992.

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Council Band A Band B Band C Band D Band E Band F Band G Band H  
Wigan Council £912.44 £1,064.51 £1,216.58 £1,378.40 £1,672.80 £1,976.95 £2,281.10 £2,737.32 Website
West Lancashire £1,001.18 £1,168.05 £1,334.92 £1,501.77 £1,835.49 £2,169.23 £2,502.95 £3,003.54 Website
South Ribble Borough Council £1,014.34 £1,183.41 £1,352.47 £1,521.52 £1,859.63 £2,197.76 £2,535.86 £3,043.04 Website
Chorley Borough Council £1,003.58 £1,170.85 £1,338.11 £1,505.37 £1,839.89 £2,174.43 £2,508.95 £3,010.74 Website

All council Tax Bandings are indicatory. Please check the precise banding for a property of interest.

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