Summary - 22 WIGAN ROAD ORMSKIRK L39 2AU
8 bed 2 bath Apartment
High-yield student block near university with immediate income potential.
Gross rental income £45,360 secured for 2025/26
Eight bedrooms across two flats, currently let 7 of 8 rooms
Long leasehold: 978 years remaining
Close walking distance to Edge Hill University and town centre
Two bathrooms only for eight bedrooms — potential bottleneck
Sold at auction via Secure Sale; terms and conditions apply
Chain free; currently let for 2025/26 academic year
Higher-than-average local crime rate; student-market reliance
A rare student-focused investment in Ormskirk, this Victorian two-flat building delivers a strong forward income stream and immediate occupancy. Currently let in seven of eight rooms for the 2025/26 academic year, the property produces a secured gross rental income of £45,360, with clear upside if the remaining room is let. The long lease (978 years) and chain-free status simplify ownership transfer.
The building comprises a three-bedroom ground-floor flat and a five-bedroom first-floor flat, each with a fitted kitchen, large lounge, and a spacious bathroom. The property benefits from gas central heating, double glazing installed post-2002, and an on-site garage for parking. Its location close to Edge Hill University and Ormskirk town centre supports steady student demand and amenity access.
Buyers should note this is a leasehold lot to be sold at auction via Secure Sale online bidding — terms and conditions apply. The asset is primarily student-let, so income depends on continued student demand; only seven of eight rooms are currently let. Accommodation offers limited communal bathroom provision (two bathrooms across eight bedrooms), which may restrict rental room premium unless adapted.
Other practical considerations: the listing records a higher-than-average local crime rate and a compact overall size for the building’s footprint. While the structure retains period character and conversion potential, prospective purchasers should allow for refurbishment and ongoing management associated with multi-occupancy student lets. Viewings are by appointment and the property is offered with no vendor chain.
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