Flapper Fold Lane

Atherton, Wigan

£320,000

  • 5 bed & 5 en-suite HMO property over two floors
  • Annual rental income of £36,900 producing a gross yield of 11.53%
  • Refurnished to a high standard with some of the rooms benefiting from person kitchenettes
  • Property has a valid HMO licence and sits within an article 4 location
  • Peppercorn lease with 848 years remaining

For more information please contact our team:

0161 337 3890

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Fully Renovated 5-Bedroom Licensed HMO

24 Flapper Fold Lane, Atherton, M46 0FA
Asking Price: £320,000
Tenure: Leasehold (999 years from 1874)
Ground Rent: £2 per annum

Video Tour of The Property >> https://www.youtube.com/shorts/VCsobuVQ67c

Property Overview

An exceptional opportunity to acquire a high-performing, fully renovated 5-bedroom HMO situated in the heart of Atherton, an established and sought-after rental hotspot within Greater Manchester’s commuter belt.

This well-presented property offers modern, spacious, and fully furnished en-suite rooms, each designed to a professional standard – perfect for working tenants and young professionals.

Located in an Article 4 area, this property benefits from protected HMO status, ensuring long-term stability and strong rental demand with limited competition for new entrants.

Current Rental Income
Room Monthly Rent Annual Rent
Room 1 £625 £7,500
Room 2 £600 £7,200
Room 3 £650 £7,800
Room 4 £650 £7,800
Room 5 £550 £6,600
Total £3,075 per month £36,900 per year
Financial Summary

Gross Annual Income: £36,900
Estimated Net Income (75% of gross): £27,675

(This accounts for typical operating costs such as council tax, utilities, broadband, and cleaning.)

Investment Returns
Metric Result
Gross Yield 11.53%
Net Yield (at 75%) 8.65%
Annual Net Income £27,675
Monthly Net Income £2,306

These figures make 24 Flapper Fold Lane a high-yielding, ready-made investment delivering instant income from day one.

Why Invest in Atherton?
  • Strong Tenant Demand: Atherton sits within easy commuting distance to Manchester, Bolton, and Wigan, making it ideal for professionals seeking affordable, high-quality shared accommodation.
  • Transport Links: Excellent connectivity via Atherton Train Station and nearby motorway access (M61, A580 East Lancs Road).
  • Established HMO Market: As an Article 4 area, no new HMOs can be created without planning permission — safeguarding the value and occupancy rates of existing licensed HMOs.
  • Affordable Property Prices: Offers a lower entry point compared to central Manchester while maintaining strong rental yields.
  • Regeneration & Growth: Ongoing local regeneration, new housing developments, and infrastructure investment continue to support long-term capital appreciation.
Key Features
  • Fully renovated and compliant 5-bed HMO
  • Strong rental history and occupancy
  • Long leasehold (999 years from 1874)
  • Ground rent only £2 per annum
  • High-quality tenant profile
  • Turnkey investment with established income
  • Located in Article 4 area ensuring protection from oversupply
Investment Summary
Detail Description
Purchase Price £320,000
Gross Annual Rent £36,900
Net Annual Income (est.) £27,675
Gross Yield 11.53%
Net Yield 8.65%
Tenure Leasehold – 999 years
Ground Rent £2 p.a.
Article 4 Area Yes
Ideal For
  • Portfolio landlords seeking strong, stable returns
  • HMO specialists expanding in Greater Manchester’s growth corridor

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