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 · WN5 8AG
Sold STCListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PROPERTY OVERVIEW This well-presented mid-terraced property is offered for sale with a long-standing tenant already in situ, providing an investor with immediate rental income from day one with zero void period.
The current tenant has occupied the property for a number of years, demonstrating the property's desirability and the stability of the income stream.
The accommodation is deceptively spacious and comprises two well-proportioned bedrooms, two reception rooms, a fitted kitchen, and a bathroom.
The property also benefits from an additional attic room, currently used by the tenant as shown in the photographs, offering versatile bonus space.
Tenure: Leasehold, 999 years from 1898 (approximately 871 years remaining) Ground Rent: Just £13 per annum THE INVESTMENT CASE • Immediate income, tenant in situ, no void, no hassle • Gross yield of 6.12% based on £765 pcm • Annual rental income of £9,180 • Ultra-long leasehold with negligible ground rent, as good as freehold for any practical purpose • Stable, long-term tenancy providing confidence in ongoing occupancy • Competitively priced, with strong demand for rental property in this area LOCATION Situated in the heart of Pemberton, the property benefits from an excellent range of local amenities including shops, cafes, schools, and leisure facilities.
Pemberton Train Station is less than a mile away, offering direct services into Wigan town centre with onward connections to both Manchester and Liverpool.
The M6 and M58 motorways are also easily accessible, making this a highly commutable location.
Both Liverpool John Lennon Airport and Manchester Airport can be reached in under an hour by car,claude a significant draw for professional tenants.
Pemberton continues to attract strong rental demand thanks to its combination of affordability, connectivity, and community feel.
This is a genuinely low-maintenance, income-producing asset, ideal for both experienced portfolio landlords and those looking to make their first foray into property investment.
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 Ormskirk Road, Wigan
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