REF_HKI2051

LEASE OPTION

WIGAN, GREATER MANCHESTER
2 BEDROOM APARTMENT

Picture represents Wigan, not the actual development.

NO LONGER AVAILABLE

Option Price:

Option Deposit:

Option Payments PCM:

Term:

NET Profit PA:

Yield:

£70,000

£1

£340

5 Years

£780

8%

Hotkey Invest are proud to offer an opportunity to secure this two bedroom ground floor apartment on a 5 year lease option. 

The option to purchase is set over 5 years, which allows you to secure the property at today’s price without finance for the option term. This enables you to benefit from capital growth as well as surplus rental income during the term.  

 

This well presented ground floor 2 bedroom apartment is located in Wigan, Greater Manchester and comprises of 1 reception room, kitchen, family bathroom, master bedroom, single bedroom, communal gardens and comes with 1 allocated parking space.

 

The apartment was purpose built approximately 20 years ago.

 

We understand a new boiler was fitted in the apartment approximately 1 year ago. There is also double glazing and electric central heating.

The property has been tenanted to the same tenant for the last 7 years. We understand the tenant wishes to remain at the property this however will need to be negotiated directly. 

 

Service Charge PA: £840

Lease: 979 years 

Council Tax Band: A

EPC: C77

KEY FEATURES

2 Bedrooms

Double Glazing

Ground Floor

Allocated parking space

Close to Local Amenities 

EPC Rating: C77

DUE DILIGENCE

WIGAN

FINANCIALS

We insist any interested parties must satisfy themselves as to the accuracy on any information they receive by carrying out independent assessments or otherwise before making any commitment to participate. Click here for full disclaimer

Hotkey Invest
An experienced and dynamic investment house
here to help you develop your
property investment strategy.
Hotkey Invest,
4 High Street, Wem, Shrewsbury, SY4 5AA
DISCLAIMER
IMPORTANT NOTICE: Hotkey Invest trading name for Hotkey Consultancy Ltd for themselves and for the lessors or vendors of this property whose agents they are give notice that:  1. No appliances, services or service installations have been tested and no warranty as to suitability or serviceability is implied. Any prospective purchaser or lessee is advised to obtain verification from their surveyor or solicitor.  2. The particulars are set out as a general outline only for the guidance of the intended purchasers or lessees and do not constitute, nor constitute part of, an offer or contract.  3. All descriptions, calculations, reference to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or lessees should not rely on them as statements or representation of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them before making any commitment to participate.  Calculations have been rounded up or down accordingly. 4. No person in the employment of Hotkey Invest has any authority to make or give any representation or warranty whatsoever in relation to this property.  5. All rentals and prices are quoted exclusive of Stamp Duty, legal and surveyors fees and any other associated purchasers or lessees costs.  6.  Floor plans are indicative only and should not be relied on.  7. The map showing the boundary of the property postcode is indicative only and has not been checked against the legal title so should not be relied on.  8.  All dimensions, floor areas and site areas are only approximate and should not be relied on.  Dimensions are generally maximum room dimensions.  9. Hotkey Invest is not a regulated or licensed investment or financial advisor, therefore please seek independent financial advice.  10. Hotkey Invest is not a property management company for Serviced Accommodation, House of Multiple Occupation, Buy to Let and other, therefore please seek an independent management company before making any commitment to participate.  11. Hotkey Invest cannot be held liable for any losses whatsoever incurred as a result of any decisions made from relying on this report.
 
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