Offers in Excess of £115,000
Investment opportunity generating £8,400 per annum.
Positioned along Logwood Avenue is a keenly priced three-bedroom semi-detached property offered for sale with a guide price of between £115,000 - £133,000 and being sold with a tenant in-situ generating an income of £8,400 per annum and providing a prospective buyer with a heathy yield of up to 7.3%.
This attractive home has recently undergone an extensive refurbishment and is perfect for any clients seeking to buy an investment home that is already generating an income and doesn't need any work. Arranged over two floors, accommodation highlights include bright and welcoming entrance hallway, spacious lounge featuring a log burner, the stylish open plan kitchen/ diner and the modern fitted family bathroom. To the first floor the landing area gives access to two double bedrooms, the main benefiting from storage and one single bedroom. The property also benefits from full double glazing, gas central heating and its own solar panel system. Externally this spacious home offers a good-sized garden to the rear with a lawn, patio area, multiple fruit trees, storage and a log store. To the front elevation is a driveway providing off road parking. Locally the property rests within the catchment to the area’s highly acclaimed schools, Wigan town centre which offers a range of amenities and is only a short drive to the M6 motorway.
EPC C, FREEHOLD, Council tax band A. Please note that the current tenants have signed a 2 year lease agreement which was started 1st October 2023.
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.
Spacious ground floor apartment fully available with no chain delay.