3-bedroom terraced house · WN5 0EU
No longer listedListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lilac are pleased to offer this 3 bedroom property, off road parking, gardens at a rent of £895PCM - available now The accommodation comprises of entrance hallway, through lounge/dining room with dual aspect windows, modern fitted kitchen, storage/utility room, completely fenced and paved low maintenance generous size rear garden.
The first floor has three generous bedrooms and a modern family bathroom. The front garden area also allows for a private drive for two vehicles.
Great home, close to local amenities and Robin Park retail and leisure centre, motorway links are a reasonable commute, Wigan town centre is also a short commute by private or public transport.
£895 pcm.
EPC - C Council Tax A Deposit is 5 weeks £1032.70 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. £950pcm rent x 30 = £26850 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.
£895pcm rent x 36 = £32220) Please note: 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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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
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FAQ
About 8, Comet Road, Wigan
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