Two-bedroom terraced buy-to-let with tenant and rental upside for investors.
Current long-term tenant in place, stable rental history
Annual gross income £6,000; market rent potential ~£9,000
Price £105,000 — clear scope to improve yield
Leasehold tenure — investigate lease terms and charges
Victorian bay-front character; period features remain
Dated decor and wear — requires cosmetic updating
Area classified as deprived; consider local demand factors
Buyers' premium applies on purchase — factor into costs
A straightforward buy-to-let in Wigan’s Warrington Road area, this two-bedroom Victorian terraced house is offered with a long-term tenant in situ. The property currently produces a modest gross rental income and shows clear scope to increase returns to local market levels once managed or re-let.
Internally the house offers spacious rooms and period character such as a bay window and fireplace, but some areas show dated decor and will benefit from modernization. The layout includes two bedrooms and a three-piece bathroom; purchasers should budget for cosmetic updating to reach full market rent.
Practical positives include fast broadband, excellent mobile signal and no flood risk. Note the tenure is leasehold, the wider area is relatively deprived, and a buyers’ premium applies to secure purchase—factors investors must factor into yield calculations.
This is aimed at serious investors and developers seeking an immediate income stream with upside through refurbishment or repositioning. Full tenancy and income details are available in the Let Property Pack for thorough financial assessment.
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