Summary - 196 Poolstock Lane, Wigan, Greater Manchester, WN3 WN3 5HL
6 bed 6 bath Terraced
**Standout Features:**
- **Investment Opportunity:** Fully tenanted 6-bedroom HMO with high demand from professionals.
- **High Yield Potential:** Generates £49,440 PA, offering a gross yield of 11.8%.
- **High-Spec Renovation:** Recently updated with no immediate works required; fully compliant with HMO regulations.
- **Excellent Location:** Close to Wigan Town Centre and transport links to Manchester and Liverpool.
- **Amenities:** Off-street parking, a contemporary communal kitchen, and fully furnished en-suite bedrooms.
This high-yielding investment property presents an exceptional opportunity for seasoned investors seeking a solid cash flow. Located in a prime area of Wigan on Poolstock Lane, this terraced house features six en-suite double bedrooms, all fully furnished to a contemporary standard. With a robust gross annual income of £49,440 and a net yield of 9.8%, the property is fully compliant with HMO fire and safety regulations, ensuring peace of mind for all stakeholders.
The property also benefits from double glazing, gas central heating, and off-road parking, while the generous communal areas promote a sense of community among tenants. The area boasts excellent transport connectivity and is situated within close proximity to local amenities, parks, and several highly-rated schools, making it appealing not just for renters but potentially for families in the future.
While the property is in a very deprived area, it offers an incredible rental demand, making this a perfect opportunity for investors looking to dive into the HMO market. Act quickly to secure this distinguished property that won't be on the market for long!
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