Summary - 22a, Wigan Road, ORMSKIRK L39 2AU
8 bed 2 bath Flat
Two self-contained flats, close to campus with immediate rental income potential.
Seven of eight rooms let for 2025/26 generating £45,360 gross income
A purpose-built student investment close to Edge Hill University, offered with seven of eight rooms already let for the 2025/26 academic year. The lot comprises two self-contained flats: a three-bedroom ground-floor flat and a five-bedroom first-floor flat, combining to generate a secured gross rental income of £45,360 for 2025/26. Location and tenant demand are strong — town centre amenities and campus links are within easy walking distance.
The buildings are traditional Victorian brick with modernised elements internally: fitted kitchens, a large lounge in each flat, gas central heating and double glazing. The property is being sold via online auction under leasehold tenure with no vendor chain and immediate exchange available. Buyers should note auction terms: a 5% non-refundable deposit on exchange and a reservation fee (up to 6% inc VAT, minimum £7,200) will apply.
This lot suits buy-to-let investors seeking immediate income and student-focused stock. There is one vacant room offering straightforward additional rental income or light refurbishment opportunity. The legal pack should be reviewed carefully: the sale is conditional on auction terms, and bidders must complete AML verification and satisfy auction procedures before bidding.
Practical considerations: total floor area is listed at 1,881 sq ft but the overall size is described as small; tenure is leasehold; local crime levels are above average. Prospective purchasers should commission surveys and check the lease, management arrangements and any repair liabilities before bidding.
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