3-bedroom house · WN2 5EB
Listing removedListed 62 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lilac are pleased to offer this 3Bed Mews house for rent of £800PCM - available soon - The property briefly comprises of the following The laminate floored hallway leads to the downstairs WC and onto the Lounge The Lounge area is a good sized with open plan to the kitchen/diner.
The kitchen has a wide range of units, electric oven and gas hob and space for a tall fridge freezer. Upstairs there are 3 bedrooms and a family bathroom with bath/shower.
Please note there will be no furniture in the property To the front of the property is a Driveway and a paved garden to the rear Please contact Lilac to arrange a viewing.
Available now £800.00 pcm Deposit is 5 weeks £923.10 EPC rating C Council Tax B Please contact Lilac to express your interest - please note the following: *An affordability assessment for a rental application is a check to see if a tenant can afford the monthly rent after covering other essential expenses.
For you to be able to apply for this property your annual income will need to be at least the rent being charged per calendar month x 30 (i.e. £800pcm rent x 30 = £24000 annual income required).
If a guarantor is required their annual income will need to be at least the rent being charged per calendar month x 36 (i.e.
£800pcm rent x 36 = £28800) Referencing and id checks will be carried out - for right to rent, aml, pep & sanction checks too
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
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FAQ
About 3 , Chapel Street, Platt Bridge, Wigan
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