Pure Investor says ..

Property Oracle says ..

This 6-bedroom, 6-bathroom property located on Ormskirk Road, Wigan, is presented as a fully tenanted HMO (House of Multiple Occupancy). The photos depict a modern, recently refurbished interior with a contemporary design aesthetic. The kitchen is spacious and well-equipped, and the bedrooms are presented as comfortable and furnished. The overall impression is one of cleanliness and a high standard of finish. The property’s location in Pemberton, Wigan, offers access to local amenities and transport links. Pemberton train station is conveniently nearby, providing access to Wigan and other surrounding areas. Several primary schools are also within a short distance. However, the lack of a garden or any substantial outdoor space is a significant drawback. The listing highlights an annual rental income of £42,600. Whether the asking price of £410,000 is justified would depend on factors such as the rental market in the immediate area, the overall condition, and the future potential for rental yield. A comparative market analysis of similar HMO properties in the area would be needed to assess the true market value and the potential return on investment for this property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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