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See how verdicts work4-bedroom bungalow · WN3 6EG
Sold STCListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Perfectly situated along the ever popular Melrose Drive, within walking distance of Winstanley's excellent array of local shops, schooling and within easy access of the M6 motorway.
This attractive detached true bungalow has been completely renovated, carefully taken back to brick and put back together to an excellent standard.
The accommodation on offer is briefly comprised of, a welcoming entrance hallway, providing access to most of the home.
The main living room is to the front of the house, situated around a feature exposed brick wall, and open to the dining space to create a light and bright family room, perfect for entertaining.
To the rear of the home, the dining room has French doors leading out to the gardens and provides access to a further 4th bedroom which could be used as a home office, snug or further sitting room.
The kitchen is also to the rear of the home, newly fitted with a range of high gloss cabinets and contrasting wood effect worktops with integrated oven and 5 ring gas hob.
The rest of the bedrooms are doubles, two at the rear of the home overlooking the garden and a master bedroom to the front, which benefits from built in storage as well as a the ensuite wet room.
The family bathroom is newly fitted with smart grey tiling, shower over bath, w.c. and basin.
Externally, the home rests on a generous plot, set back from the road and garden fronted, with ample parking for multiple vehicles.
The rear gardens are low maintenance and a blank canvas for the next owner to add their own stamp as they see fit.
This property has the added benefit of having no onward chain and early viewings are recommended to avoid disappointment.
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
FAQ
About Melrose Drive, Winstanley, Wigan
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