We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · WN5 9DP
Listing removedReduced £10k (−6.7%) on 4 AugListed 453 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious and well-positioned two-bedroom mid-terrace property offers a great combination of character, practicality, and generous outdoor space ideal for first-time buyers, small families, or anyone looking for a conveniently located home, offered with no chain.
To the front, the property benefits from a garden area and a charming bay-fronted entrance that leads into a welcoming hallway.
The lounge features sliding doors that open into the dining room, allowing for a flexible layout perfect for everyday living or open-plan entertaining.
The kitchen is neatly positioned at the rear, with easy access to the garden. A useful basement offers additional storage space, helping to keep the living areas clutter-free.
Upstairs, the home offers two large double bedrooms and a well-sized bathroom. Externally, the property continues to impress with a gated rear garden that has been paved for easy maintenance.
This area also serves as a private patio and driveway, with extra parking available to the side of the property.
Well laid out and offering great potential, this mid-terrace home combines generous room sizes, off-road parking, and a convenient location, making it a fantastic opportunity for a wide range of buyers.
EPC Rating: E Location Newtown, Wigan
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 199 Ormskirk Road, Wigan
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