Lot
084
Auction Ends: 07/12/2022 16:02

263A(rear), 263 Flat 1 & 263 Flat 2 Billinge Road , Wigan, Lancashire WN5 8DF

Property Details
Location
Auction Details
Description
TO BE OFFERED WITH A DISCLOSED RESERVE OF £180,000.
A residential investment opportunity comprising a two-storey property of three flats, all let by way of individual AST's dated 1st Dec 2022 and detailing £19,800 of annual rental income. The property benefits from parking to the rear.
Location
The property lies in a primarily residential area located conveniently within 2 miles of Wigan Town centre and its amenities. The Robin Park retail outlet, the Asda Superstore, DW Stadium and B&Q store all lie within approximately 1.6 miles.

Access to the wider region is provided by Wigan North Western railway station, which sits on the West Coast Main line serving the Glasgow to London route. The intersection of the M6 and M58 motorways lies within approximately 2 miles of the property.

The house can be found on Billinge Road (A571) close to its intersection with Hilary Avenue.
Accommodation
Pugh & Co have not inspected the property internally and the following details have been provided by the Vendor :

StoreyDescription
Ground Floor (Flat 2, Rear private access)
Living room; Two bedrooms; Bathroom; Kitchen
First Floor (Flat 1)
Living room; Two bedrooms; Bathroom; Kitchen
Second Floor (Flat 3)
Living room; Two bedrooms; Bathroom; Kitchen

Outside
Parking to the rear.
Tenure
Unknown
Tenancy
263A Billinge Road (rear) : 12 month AST commencing 1st December 2022 at £525 pcm
263A Billinge Road (flat 1) : 12 month AST commencing 1st December 2022 at £525pcm
263A Billinge Road (flat 2) : 12 month AST commencing 1st December 2022 at £600 pcm

Total £19,200 per annum

263A Billinge Road (rear) : 12 month AST commencing 1st December 2022 at £525 pcm 
263A Billinge Road (flat 1) : 12 month AST commencing 1st December 2022 at £525 pcm
263A Billinge Road (flat 2) : 12 month AST commencing 1st December 2022 at £600 pcm


Total £19,800 per annum 
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 6TH DECEMBER AND CLOSES ON WEDNESDAY 7TH DECEMBER.

3. Energy Performance Certificate = D

4. To be offered with a disclosed reserve of £180,000.
Addendum
To be offered with a disclosed reserve of £180,000.

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