Victoria Mill, Miry Lane, Wigan, WN3 4FQ

************CASH BUYERS ONLY***************** Two Bedroom Tenanted Investment Apartment – Approx. 8.6%Net Yield | £75,000 Apartment 33, Wallgate Apartments, Victoria Mill, Miry Lane, Wigan, WN3 4AG

A fantastic opportunity to acquire a fully tenanted, turnkey investment property within the sought-after Victoria Mill development. This well-presented two-bedroom, one-bathroom apartment is sold with a sitting tenant in place, delivering immediate rental income from day one.

Ideally located within easy reach of Wigan town centre and excellent commuter transport links, this property offers investors a rare combination of strong yield, low maintenance, and long-term security.

Key Investment Highlights

Asking Price: £75,000 Tenure: Leasehold (approx. 242 years remaining) Current Rent: £725 pcm (£8,700 per annum) Sold with sitting tenant – no void period Gross Yield: Net Yield: approx. 8.6% EPC Rating: D EWS1 Rating: A1 (no remediation required) Ground Rent: £150 per annum Service Charge: £2,035 per annum Sold fully furnished Allocated private parking space included

Why Invest in Apartment 33?

Immediate Income – A tenant is already in situ, so there's no waiting around for rent to start coming in.

Strong Rental Demand – Close to Wigan town centre, local transport links and employment hubs, helping maintain consistent occupancy.

Hands-Off Asset – Fully furnished with a long lease and A1-rated EWS1 certification, ideal for investors wanting a low-intervention addition to their portfolio.

Long Lease – Around 242 years remaining, supporting long-term security, mortgageability and resale value.

Growth Potential – Wigan continues to benefit from regeneration and improving transport connectivity, factors that typically support capital growth over time.

Property Description

Set within the characterful Victoria Mill conversion, Apartment 33 offers bright, contemporary accommodation throughout, including:

Open-plan living/dining area Modern fitted kitchen with integrated appliances Two well-proportioned bedrooms Neutral three-piece bathroom suite Secure entry system and well-maintained communal areas

The apartment is sold fully furnished, making it truly ready for investors from completion.

Location

Wallgate Apartments enjoys an enviable position for tenant appeal:

Close to Wigan Wallgate and Wigan North Western stations Convenient access to Manchester, Liverpool, Preston and the motorway network Short walk to Wigan town centre's shops, restaurants and leisure facilities Nearby employment sites supporting steady rental demand

In Summary

Apartment 33 is perfectly suited to investors looking for:

A strong yield approaching 10% Immediate income with a sitting tenant A compliant, A1-rated EWS1 building A long lease with manageable running costs A furnished, low-maintenance investment