Lot 5 - Wednesday 11th June 2025 -Flat 1 -4 4 Swinley Lane, Wigan, WN1 2EB

FOR SALE BY ONLINE AUCTION 11TH JUNE 2025:

This end terrace is split up into four apartments, comprising two studios and two one-bedroom flats. One studio and one apartment are rented below market value currently for £620 per calendar month, and the expected rental income for the two vacant flats is £800 per calendar month. The combined income would be forecast to be £1420 per calendar month before any rent increases.

ACCOMMODATION
Ground floor: entrance hallway, studio apartment, separate W/C for studio, 1 bedroom flat (lounge, kitchen, bathroom and bedroom) First floor: Landing, studio apartment, separate W/C for studio, 1 bedroom flat (lounge, kitchen, bathroom and bedroom)

LOCATION
WN1 is a sought-after area with high tenant demand, offering excellent rental yield potential. It’s close to key amenities, including shops, schools, and transport links, making it ideal for both short-term lets and long-term growth opportunities for investors.

TENURE Leasehold

COUNCIL TAX BAND A

AUCTION FEES
The sale of this lot is subject to a Buyer’s Administration Fee of 1% + VAT of sale price, subject to a minimum £2000 + VAT, payable on the fall of the hammer. The purchase of this property may include associated fees not listed here. Any additional fees will be implemented by the sellers solicitors and confirmed in the legal pack which can be downloaded for free from our website prior to the auction.