2-bedroom terraced house · WN6 7LS
Sold STCListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Totalling a generous 1215 square feet of beautifully presented living space - this superb mid terrace home is enviably located down Margaret Street, a hugely popular and quiet setting which boasts convenient access to Wigan Town Centre, various local shops and some excellent schools.
The property itself would be the ideal purchase for any young families / first time buyers looking to get onto the property ladder & provides much more floor space than other similarly priced terraces in the area.
Comprising in brief of; an entrance hallway, main front lounge with elegant coved ceiling, a large rear sitting room plus a modern fitted kitchen.
Upstairs, there are two good sized bedrooms to the first floor plus a notably large principal bathroom suite which was installed 3 years ago.
There is also a useful loft conversion with fixed staircase, carpets & Velux windows. To the rear is a low maintenance terrace style garden.
The home is warmed by gas central heating & the boiler is just 5 years old plus the rear section of the roof was completely replaced 6 months ago. Viewings are essential.
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
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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 Margaret Street, Springfield, WN6 7LS
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