1 bedroom apartment for sale

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1 bedroom apartment for sale

Wallgate Miry Lane, Wigan WN3
£75,000

Our Summary

  • With a population of around 320,000, continued housing demand, and 70% green space, Wigan remains a highly desirable location for tenants and investors, offering both strong rental yields and long-term growth potential
  • Excellent investment opportunity

Description

This 1-bedroom ground floor apartment on Wallgate Miry Lane, Wigan, offers a hands-off, income-producing opportunity from day one. The property is professionally managed and currently tenanted, providing immediate rental income and a strong, reliable return. The apartment features a spacious open-plan lounge, fully fitted kitchen, double bedroom, and modern bathroom, all fully furnished to a high specification. It also comes with an allocated parking space, enhancing tenant appeal. Wigan is a thriving economic hub with excellent transport links, ongoing council investment, and a strong housing demand, making it a highly desirable location for tenants and investors. The property offers a gross rent of £8,400, net income of £5,010, gross yield of 11.2%, and net yield of 6.68%.