Vernon Street Leigh, WN7 1BS

£135,000
Property Details

Vernon Street Leigh, WN7 1BS

£135,000
Description

Excellent opportunity for an income producing investment.
The premises comprise of 2 retail shops with a 2 bedroom flat on the upper. There is additional income from a parking space to the rear.

There is significant land to the rear that could be asset managed to greater improve the income.

Shop: £5100 PA
Shop: ERV £3380 PA
Flat: £5940 PA
Parking space: £420 PA
TOTAL: £14,840

Purchase price: £135,000
Yield: 11%

Property Features
  • 11% Rental Yield
  • 1x 2 bedroom flat
  • 1x car park space
  • 2x retail premises
  • Current Rental Income: £11460 PA
  • Marketed at £150000 - Contracts in at £135000
  • Potential Rental Income: £14840
Rural Features

Amco Management

T: 0161 773 3978

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