1-bedroom flat · WN2 2QF
Listing removedReduced £25 (−3.8%) on 24 JunListed 180 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This newly refurbished ground floor flat has been renovated to a high standard and finished with stylish with contemporary fittings throughout.
The property briefly comprises a spacious open-plan lounge/kitchen, creating an ideal space for modern living and entertaining.
The newly fitted kitchen offers a range of modern wall and base units and is complete with a new integrated electric oven and hob.
Lounge area is tastefully decorated in a neutral colour palette, thoughtfully laid out to maximise space and comfort, and benefits from new carpets throughout.
The double bedroom is freshly decorated and finished with new carpet. The bathroom includes washbasin, WC and step in shower enclosure and an electric shower.
Other benefits include double glazing and on street parking.
Situated on Gidlow Street in the popular Hindley area of Wigan, the property is conveniently located close to a range of local amenities and benefits from excellent transport links.
Hindley Railway Station is within easy reach, making the property ideal for commuting and leisure travel alike. Viewing recommended.
Council Tax Band - A Material interest for tenants • Council Tax Band: A • Rent: £650.00 per calendar month • Deposit for full property: £750.00 (equivalent of 5 weeks rent) • Holding Deposit: £150.00 equivalent to 1 week’s rent – (payable on submission of application) • General construction details: Ground Floor flat • Utilities supplied to property: Electricity & water • Gas supplier and type of meter: N/A • Electric supplier and type of meter: Scottish Power Electric Northwest • Water supplier (meter or rateable value): United Utilities – Rateable value • Drainage (mains sewer / septic tank / other): Mains Sewer • Heating: Heating and hot water Combination boiler • Broadband: • Mobile signal / coverage: • Parking: On street • Building Safety: N/A • Restrictions: N/A • Rights and easements: N/A • Flood risk: Flood map for planning - () (Flood Zone: 1 has a low probability of flooding from rivers and sea • Coastal erosion risk: National Coastal Erosion Risk Mapping () • Planning permission / proposal for development: • Property accessibility / adaptations: None • Coalfield or mining areas:
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About 1, Gidlow Street Hindley Wigan, Hindley
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