Studio flat · WN1 2NA
Listing removedListed 117 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***ALL BILLS INCLUDED*** **WIFI INCLUDED** Large Prominent Building Conversion within 100 metres of Wigan Hospital. This studio is fully furnished to High Standard.
Each Studio Bedroom benefits from ensuite with three piece shower suite in white. Queen size bedroom. Kitchen area within studio space and also has access to a larger communal kitchen.
All rooms are completed to high specification. Everything within the development is to an excellent presentation and viewings are a must to appreciate in full.
Internet included, Gas, Electric, Water and Council Tax Included.
2 Minute Walk to Wigan Hospital and a short walk to Town Centre and both the Bus Station, Both Train Stations and close to all town centre amenities including shops, pubs, restaurants, retail outlets, transport links.
Neutral décor throughout. Early viewing is recommended to avoid disappointment. Ground Floor - Entrance / Hallway - Studio 4 - Ensuite - Communal Kitchen / Diner - Living Area - External -
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
FAQ
About Springfield Street, Wigan, WN1 2NA
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