1-bedroom house · WN6 7EG
To rentListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
King Property Management are delighted to offer for Let a selection of furnished Studio rooms within this modern House of Multiple Occupation, which is located approximately 0.5 miles from Wigan town centre and benefits from modern décor and styling throughout.
Gas, electric and water are paid by the landlord and tenants will have no liability for Council Tax.
Studio 1 is located to the ground floor of the property, overlooking the front aspect and benefits from a bay-fronted bedroom, boasting mordern double bed with mattress, wood-effect wardrobe, bedside cabinet and chest of drawers.
The room includes en-suite facilities, which incorporates a close-coupled WC, washbasin with vanity unit, step-in shower enclosure with thermostatic shower and vinyl-wood-effect flooring.
The property offers residents the use of a spacious and well specified communal kitchen, completed with central dining table, ample modern wall and base units, integrated electric oven, halogen hob with recirculating extractor hood, washing machine, fridge-freezer and tumble dryer.
The kitchen further benefits from patio doors that lead to the low-maintenance rear yard offering tenants the use of this outside space.
Additional benefits include GCH & dg throughout and a location that is approximately 0.8 miles from Wigan North Western rail station and 0.9 miles from Wigan Wallgate station, for those looking to commute to Liverpool / Manchester.
Viewing is highly recommended.
Material interest for tenants • Council Tax Band: A (paid by landlord) • Rent: £550 per calendar month • Deposit for full property: £550 • General construction details: Brick building with slate roof • Utilities provided: Gas /electricity/water • Gas supplier and type of meter: E.
On Next Energy Limited (payable by landlord) • Electric supplier and type of meter: E.
On Next Energy Limited (payable by landlord) • Water supplier (meter or rateable value): United Utilities • Drainage (mains sewer / septic tank / other): Mains Sewer • Heating: Heating & hot water through combination boiler • Broadband: • Mobile signal / coverage: • Parking: Street no permit • Building Safety: Please request fire safety information with landlord • Restrictions: None advised • Rights and easements: None advised • Flood risk: Flood map for planning - () (Flood Zone: • Coastal erosion risk: National Coastal Erosion Risk Mapping () • Planning permission / proposal for development: • Property accessibility / adaptations: • Coalfield or mining areas: Interactive Map Viewer | Coal Authority ()
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 Studio 1, 31, Delph Street Wigan Lancs, Wigan
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