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42 Church Street,
Ormskirk,
Lancashire,
L39 3AW

01695 579483
hello@thomassamuel.co.uk

Description

Key Features
  • Gross rental income of £45,360 secured for 2025/26 with tenants in 7 of 8 bedrooms – full occupancy could increase returns.
  • Gross yield of 16.5%
  • Student Investment Property
  • Currently Let for 2025/2026
  • Eight Bedrooms Over Two Flats
  • No Vendor Chain
  • Close To Edge Hill University

INVESTMENT OPPORTUNITY – NO CHAIN

Thomas Samuel Estate Agents are pleased to present this ready-made investment, comprising two flats at 22 & 22A Wigan Road, currently let to seven students for the 2025/2026 academic year, generating a combined gross rental income of £45,360. This represents an impressive gross yield of 16.5% and a net yield of 12.5% based on current running costs which may be available at lower rates through alternative providers.

At full occupancy across all eight rooms, the gross income could increase to £51,840, offering even greater income potential.

Perfectly located close to Edge Hill University and within easy reach of Ormskirk Town Centre, the flats provide convenient access to shops, bars, restaurants, and local amenities.

The investment comprises:

  • 22 Wigan Road: Three-bedroom ground floor flat

  • 22A Wigan Road: Five-bedroom first floor flat

Both properties feature a fitted kitchen, spacious lounge, large bathroom, gas central heating, and double glazing throughout. Current management and utility costs could potentially be reduced, offering further scope to increase net yield.

This is a rare chance to acquire immediate rental income in a strong student location, with professional management available through NSW or the flexibility to self-manage. Viewings are strictly by appointment only.

Material Information

  • Is Loft Boarded: No
  • All Others: Ask Agent

Location

Floorplan

Floorplan for Wigan Road, Ormskirk, L39 Floorplan for Wigan Road, Ormskirk, L39
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Wigan Road, Ormskirk
£275,000 Leasehold

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