Wigan, WN6 7AR | Investment Property for Sale | VES-WN6-002

Opportunity to purchase a 4-bed HMO in Wigan generating £18,000 rent pa & gross yield of 9.7%


HMO Terraced House




Based on

deposit: £46,250

stamp duty: £6,750

mortgage fees: £1,500

conveyancing fees: £1,000






The property





4 bedrooms

4 bathrooms

1 reception room


Partially Furnished

Please note that this property is also part of a larger portfolio listing.

Leasehold information

  • Length of lease: 999 years
  • Year lease started: 1904
  • Service charge: tbc
  • Ground rent: peppercorn

Property information

  • Leasehold HMO
  • HMO licence not required
  • 4 bedrooms including ensuite bathrooms
  • Fully tenanted
  • Shared kitchen
  • Shared lounge
  • Approx. 1,01 square feet
  • EPC rating D
  • Monthly rental income £1,500

Running costs

The vendor provided us with the following running costs of the properties, which are based on actuals from the period of January 2019 - January 2020.

  • Council tax bill: £240 pa
  • Gas and electricity bill: £1,200.66 pa
  • Maintenance & other expenses: £730.56 pa
  • Total cost pa: £2,171.22
  • Total cost pcm: £180.94


Please note that Vesta has not visited this property and that all material has been provided by the vendor.

Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Wigan, Greater Manchester

Wigan is a town in the Greater Manchester area in the north-west of England. It lies around 10 miles south-west of Bolton, 12 miles north of Warrington and 17 miles west of Manchester.

There are two main A roads that meet in Wigan, the A49 and the A577, which link to the M6 and M61 and M58 motorways. Via these roads Wigan is connected to Coventry, Birmingham, Stoke-on-Trent, Liverpool, Manchester, Preston, Lancaster, Carlisle and Gretna Green. As well as Bolton, Chorley and Merseyside and Lancashire.

Wigan has two railway stations, Wigan North Western and Wigan Wallgate. Wigan North Western is on the West Coast Main Line and runs express trains to London Euston, Birmingham, Lancaster, Carlisle, Edinburgh and Glasgow. Other trains run to Preston and Blackpool North as well as a local service to St Helens and Liverpool Lime Street. Wigan Wallgate runs services to Southport and Kirkby and Bolton and Manchester. Most trains from this station also continue to Manchester Airport, Stockport and Rochdale. Some of Wigan’s top attractions are Halgh Woodland Park, The Old Courts, Fairy Green, Three Sisters Racing Circuit, Wigan Roller Rink, Museum of Wigan Life and several trampoline parks. The pier warehouses were transformed into the local heritage centre and the cultural quarter.

There are a number of shopping opportunities in and around Wigan centre, which include Grand Arcade, The Galleries, The Marketgate Shopping Centre, Royal Arcade, Makinson Arcade, Robin Retail and many more. Shoppers can find the usual high street favourites here as well as independent shops, cafes and eateries.

Education is provided by Wigan and Leigh College, which is a further education college with three campuses in town, Wigan UTC, a university technical college, as well as two sixth form colleges and a number of High Schools.

Wigan’s industries historically included porcelain manufacture, clock making, milling and coal mining. Today’s employers include H.J. Heinz food manufactures, which have a 55-acre food manufacturing facility in Wigan, JJB Sports, DW Sports Fitness who has its headquarters in town, the bakery chain Galloways Bakers and confectioner William Santus & Co.

Throstle Nest Avenue,


Greater Manchester,



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