2-bedroom flat · WN4 0AR
Listing removedListed 78 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lilac are pleased to offer the following First Floor 2 Bed Apartment to let for £775PCM - Available now Briefly comprising of: Beautiful communal area with feature staircases to 1st Floor Once in the Apartment, there is a Hallway which leads to the following: 2nd Bedroom Large Bathroom with White Sanitary Ware and Shower over Bath Lounge/Diner with Fully Fitted Kitchen with Gas Hob and Electric Oven - with French Doors Master Bedroom with French Doors The apartment boasts an Intercom to front door with controlled entry system Allocated parking - please note 1 car park space only Apartment over looks the bowling green GCH, UPVC Windows & French Doors Close to Bryn Train Station, Doctors, Shops and Schools.
Ashton Town Centre is located approx 15 mins walk away. There is a bus stop located across from the apartment.
This apartment overlooks the bowling green Deposit of 5 week applies- £894.25 Council Tax B EPC 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. £775pcm rent x 30 = £23250 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.
£775pcm rent x 36 = £27900) 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
FAQ
About Apartment 14, 242 Wigan Road, Ashton in Makerfield, Wigan
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