6 Bed HMO, Wigan, WN2 4BN £340,000

• 6 Bed & 6 Ensuite HMO Property +
• Full Licenced Since 2022 +
• Fully Renovated a Few Years Ago & Finished to a High Spec +
• Spanning Over Four Floors +
• Annual Rental Income of £40,000 +
• Gross Yield of 11.7% +

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.
The property has been professionally converted under permitted development rights with full building control sign-off and all building regulations in place. Spanning four spacious floors, it has been designed specifically for modern HMO living, ensuring maximum tenant appeal and minimal void periods.
* 6 Bedrooms - All with Private En-suites
* Modern Kitchen in the basement
* Stylish Communal Living Room on the ground floor
* Freehold Property - No ground rent or leasehold restrictions
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Financial Performance
Gross Rental Income:
* £40,000 per annum
Monthly Outgoings:
* Internet: £25
* Council Tax: £158
* Electric: £127
* Gas: £334
* Water: £45
* TV Licence: £14.50
Total Monthly Costs: £703.50
Annual Costs: £8,442
Net Annual Income:
£40,000 - £8,442 = £31,558
Return on Investment:
* Asking Price: £340,000
* Net Yield: 9.28%
A yield of over 9% makes this property a high-performing investment, outperforming many comparable HMOs in the region.