Hulme Road

PROPERTY INFORMATION

• Property Address: 78 Hulme Road, Leigh, WN7 5BT
• Property Type: Semi-Detached House
• Bedrooms: 3
• Asking Price: £170,000
• EPC Rating: C
• Tenure: Leasehold
• Lease Term: 999 years from 11 June 1973
• Ground Rent: £15 per annum (Peppercorn)
• Service Charge:  Zero

This well-presented three-bedroom semi-detached property offers a highly attractive residential investment in Leigh, Greater Manchester. The property benefits from a peppercorn lease with an exceptionally long term remaining, ground rent of just £15 per annum, and zero service charges — significantly reducing the ongoing cost burden for investors. With an EPC rating of C, the property meets current and anticipated rental compliance requirements.

INVESTMENT INFORMATION

• Asking Price: £170,000
• Monthly Rental Income: £895 per calendar month
• Annual Rental Income: £10,740
• Gross Rental Yield: 6.32% (above UK national average)
• Ground Rent: £15 per annum
• Service Charges: None
• Approximate Lease Remaining: 946 years

At the current asking price of £170,000, this property delivers a gross rental yield of approximately 6.32% per annum — above the UK national average for residential buy-to-let. With near-zero leasehold running costs and approximately 946 years remaining on the lease, there is no foreseeable lease extension liability.

REASONS TO INVEST

Strong and Immediate Rental Returns

A current income of £895 pcm is already in place, offering an investor immediate cash flow from day one. The gross yield of 6.32% significantly outperforms many comparable residential investments across the North West.

Exceptional Leasehold Terms

The Peppercorn lease with a 999-year term commencing June 1973 provides exceptional long-term security. With ground rent fixed at just £15 per annum and zero service charges, ongoing liabilities are negligible – protecting profitability year on year.

Compliance-Ready Investment

An EPC rating of C ensures full compliance with current Minimum Energy Efficiency Standards (MEES) for rental properties, and positions the property ahead of anticipated future regulatory tightening — avoiding costly remediation works that affect many older properties.

Strong North West Rental Market

Leigh benefits from its strategic location within the Greater Manchester conurbation, offering strong rental demand, excellent transport links, and affordable housing compared to Manchester city centre – consistently attracting reliable long-term tenants.

Long-Term Capital Growth Potential

Semi-detached houses in Greater Manchester have demonstrated sustained capital appreciation over the medium to long term. As regeneration continues across the region, commuter towns such as Leigh stand to benefit from continued price growth, enhancing the investor’s overall total return.

LOCATION INFORMATION

Leigh is a market town within the Metropolitan Borough of Wigan, situated in the heart of Greater Manchester, positioned between Wigan, Bolton, and Warrington, and within easy reach of Manchester city centre. The area offers excellent connectivity and strong local amenities, making it popular with families, professionals, and commuters.

Transport Links:

• Fast road access via the M60, M61, and M62 motorway network
• Regular bus services to Manchester, Wigan, Warrington, and Bolton
• Leigh–Salford–Manchester busway – direct rapid transit into Manchester city centre
• Atherton and Hag Fold rail stations within easy travelling distance

Local Amenities:

• Leigh town centre with retail, dining, and leisure facilities
• Multiple primary and secondary schools with good Ofsted ratings
• Leigh Infirmary and Wrightington, Wigan and Leigh NHS Foundation Trust
• Leigh Sports Village 0 multi-use stadium and sports complex