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£75,000

1 bed flat for sale
Wallgate Miry Lane, Wigan WN3

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: D

Leasehold
Added on 01/12/2025

About this property

  • Excellent investment opportunity

  • Ground floor apartment

  • One double bedroom

  • Tenanted until August 2026

  • Full management in place

  • Parking

  • Modern development

  • Three-piece bathroom suite

  • Close to Manchester and Liverpool

  • Enquire for video walktrhough

Wallgate Miry Lane, Wigan

Yieldit are pleased to present this 1-bedroom ground floor apartment on Wallgate Miry Lane, Wigan, offering a fully hands-off, income-producing opportunity from day one. Professionally managed and currently tenanted, the property provides immediate rental income and a strong, reliable return.

The apartment comprises an entrance hallway leading to a spacious open-plan lounge with double-glazed windows, a fully fitted kitchen with appliances, a double bedroom with double-glazed window, and a modern three-piece bathroom with shower over bath. It comes fully furnished to a high specification and includes an allocated parking space, enhancing tenant appeal.

Wigan is one of Greater Manchester’s best-located boroughs, almost equidistant between Manchester and Liverpool. The town is a thriving economic hub, home to over 12,000 businesses across health, manufacturing, logistics, retail, and professional services, with excellent transport links including Manchester Airport, Liverpool John Lennon Airport, and the Port of Liverpool.

Ongoing council investment, including full broadband coverage, has strengthened Wigan’s economic prospects, attracting businesses and residents alike. 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.

Financial Breakdown

Gross Rent: £8,400.00
Net income: £5,010.00
Gross yield: 11.2%
Net yield: 6.68%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08334

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Monthly repayment

£375 per month

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