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6 bedroom semi-detached house for sale
Castle Hill Road, WN2
£350,000
Castle Hill Road, WN2
£350,000
Our Summary
- Property Overview An exceptional investment opportunity in the heart of Hindley, Wigan, this fully licensed 6-bedroom HMO (House in Multiple Occupation) offers a proven rental income of £40,000 per annum
Description
This exceptional investment opportunity in Hindley, Wigan, is a fully licensed 6-bedroom HMO that generates a proven rental income of £40,000 per annum. The property has been professionally converted under permitted development rights, with all building regulations in place, and features six spacious bedrooms, each with its own private en-suite, a modern kitchen in the basement, and a stylish communal living room on the ground floor. The freehold property has no ground rent or leasehold restrictions, offering a high-performing investment with a net yield of 9.01%. With total monthly costs of £703.50, the net annual income is £31,558, making this property an attractive option for investors seeking a strong return on investment.