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See how verdicts work2-bedroom detached house · WN5 0UF
Sold STCListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Laurel Street, this two-bedroom detached house presents an exciting opportunity for buyers looking for a property with plenty of potential to modernise and make their own.
The accommodation offers a well-proportioned layout across the main two floors, beginning with a welcoming living room, leading through to a separate dining room and kitchen, with a useful vestibule completing the ground floor.
Upstairs, there are two bedrooms and a family bathroom, while an additional loft room provides valuable extra space and could lend itself to a variety of uses, subject to any necessary consents.
The property is in need of modernisation throughout, offering the opportunity to create a home tailored to individual tastes and requirements.
The generous layout, detached position and additional loft room give the property a great deal of flexibility, whether you're looking to create a comfortable family home, a first-time purchase or take on a renovation project.
Externally, there is a rear yard, providing a private and practical outdoor space that could be transformed into an attractive seating or entertaining area. On-road parking is available to the front.
Laurel Street enjoys a convenient residential position within the WN5 area of Wigan.
A range of everyday amenities, local shops and supermarkets are within easy reach, while Wigan town centre is approximately a mile away, offering an extensive selection of shops, restaurants, bars and leisure facilities.
The location is also well suited to commuters, with Wigan North Western and Wigan Wallgate railway stations approximately a mile away, providing connections to Manchester, Liverpool and beyond.
There are also local bus services close by, making it easy to access the surrounding areas.For families, a number of schools can be found within the surrounding area, while the property also benefits from convenient access to local amenities and transport links.
With two bedrooms, a versatile loft room, rear yard and detached accommodation, this is a property with plenty of scope and potential.
In need of modernisation, it offers the incoming purchaser an excellent opportunity to create a home to their own specification in a convenient Wigan location.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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

FAQ
About Laurel Street, Newtown, Wigan
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