2 bed flat for sale

The Mews, Orchard Lane, Leigh WN7

The Mews, Orchard Lane, Leigh, Wn7 1Ej

An attractive two bedroom investment opportunity located in a popular residential area of Leigh. The property offers two good sized double bedrooms, an open plan living and dining room providing a spacious and versatile communal area, a separate kitchen and one bathroom. The layout and two bedroom configuration make this an appealing property for the rental market, offering investors the potential for strong tenant demand and long term rental appeal.

The property is well positioned for access to Leigh town centre, providing tenants with convenient access to a wide range of shops, supermarkets, cafes, restaurants and everyday amenities. Leigh also benefits from excellent transport connections, including the guided busway linking the town with surrounding areas and Greater Manchester. Nearby attractions and leisure facilities such as Leigh Sports Village and Pennington Flash further enhance the area's appeal to prospective tenants.

Leigh is currently benefiting from substantial investment and regeneration, with more than £32 million committed to transforming the town centre. Investment is being directed towards the regeneration of Civic Square, improvements to Market Street and King Street, town centre buildings and shopfronts, as well as the refurbishment of Leigh Market. Further investment is also planned through the £20 million Pride in Place programme, supporting a long term vision for Leigh focused on improving the town centre, strengthening local communities and encouraging economic growth.

Please note, lettings and management charges may apply and the figures are representative of the property being self managed.

Financial Breakdown

Gross Rent: £9,300.00
Net income: £7,672.00
Gross yield: 7.15%
Net yield: 5.9%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08620