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19 bedroom house of multiple occupation for sale
Bretherton Row, Wigan, Greater Manchester, WN1
£1,250,000
Bretherton Row, Wigan, Greater Manchester, WN1
£1,250,000
Our Summary
- Location Overview Barracks Square, Wigan is a thriving rental location benefitting from: Proximity to Wigan town centre, Robin Park retail & leisure complex, and Wigan Wallgate/North Western stations Easy access to M6 motorway and regional employment hubs Growing demand for high-quality professional accommodation Strong capital growth potential in the North West commuter belt Investment Summary Asset Type: Licensed 19-bed HMO Occupancy: Mix of ASTs and new lets Condition: Excellent - extensive 2025 refurbishment Gross Income: £134,121
Description
Harts House is a 19-bedroom licensed HMO located in Barracks Square, Wigan, which has been extensively refurbished in 2025. The property benefits from excellent transport links, proximity to the town centre, and major employers, making it a high-demand location for professional lettings. With a mix of established tenancies and new ASTs being signed, the property provides immediate income and upward rental potential over the next 12 months. The property has been professionally managed by a specialist operator at 8% + VAT and has undergone significant improvements, including roofing works, communal painting, and energy-saving upgrades, totaling £40,990. With a gross annual rent of £134,121.60 and a net annual rent of £114,003.36, this property offers a strong yield of approximately 9%. The asking price is £1,250,000, making it an attractive investment opportunity for those looking for a turnkey, income-generating property in a consistent HMO market.