We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · WN2 5AW
For saleListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TENANTED INVESTMENT OPPORTUNITY — 8.6% GROSS YIELD Offered for sale with a tenant already in situ, this two-bedroom mid-terrace property on Walthew Lane, Platt Bridge, presents a ready-made income opportunity for investors.
Currently let at £750 per calendar month, the property generates a gross annual income of £9,000 against an asking price of £105,000 — a gross yield of 8.6%, well ahead of both regional and national buy-to-let averages.
With the tenancy already in place, there's no void period to fund, no marketing costs, and no delay before rental income begins — the yield starts working from the day contracts complete.
Platt Bridge is an established residential area of Wigan with strong, consistent rental demand and good transport links into Wigan town centre, Manchester and the wider North West, making it a popular and practical choice for local tenants.
At £105,000, this property offers a low entry point for buy-to-let purchasers, keeping deposit and stamp duty requirements accessible whether you're building a portfolio or taking your first step into property investment.
As a standard two-bedroom, single-let terrace, it is also straightforward to manage, insure and finance compared with HMO or new-build alternatives. EPC rating: D.
Full tenancy details and further information are available on request. Viewings can be arranged for prospective investors.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Walthew Lane, Platt Bridge, Wigan
Explore nearby
