- Planning Permission Granted
- Town Centre Location
- Great Investment
- Plans Already Drawn
- 82% ROCE
Sourced are proud to present this large, 4 storey, town centre property, in Leigh, Lancashire with planning permission granted for 3 x HMOs (2 x 5 beds and 1 x 4 bed), all rooms over 10m2 and with en-suites plus a ground floor office/shop unit.
A comparable town centre HMO has been letting rooms at £375 pm all inclusive and the £450,000 GDV has been calculated assuming a 14% gross yield, without the retail unit.
Ground floor: retail unit 13.5 m2 plus toilet / sink. 5 bed HMO , average bedroom size of 10.5m2 + 2.3m2 en suite and 15.2m2 kitchen / diner.
First floor: 5 bed HMO, average bedroom size of 12.5m2 + 2.5 m2 en suite and 18m2 kitchen / diner.
Second and third floor: 4 bed HMO , average bedroom size of 10.9m2 + 2.2 m2 en suite and 12.2m2 kitchen / diner.
Planning was granted on the 5/12/18 by Wigan Council, case reference A/18/85925/CU.