TO BE SOLD BY ONLINE AUCTION ON 6TH DECEMBER 2023 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
13-15 Church Street, Leigh, WN7 1QH
Block of five flats, fully occupied, generating £1,815 per calendar month located in the residential area of Leigh.
Here we have a fantastic opportunity to buy a ready-made portfolio. This property has been converted into five self-contained flats, with a communal yard to the rear. This conversion was done prior to the existing owner's, approximately in 1994. Internally comprises two studio flats, one one-bedroom flat, two two-bedroom flats and a cellar. Upon review of the rental income, we estimate that if you were to increase rents to market value you could achieve £36,000 per annum.
This buy-to-let investment has been a consistent source of cash flow and has never been left vacant. Its locality appeals to investors as well as tenants due to the connectivity by road, rail, or public transport. The demand for rental properties in Leigh, coupled with the stability of having multiple tenants, enhances the reliability of cash flow.
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS
