3-bedroom house · WN5 0AF
For saleReduced £5k (−3.7%) on 17 SepListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain Free | Three Bedrooms | Three Bathrooms | Fantastic Investment or Family Home Opportunity Offered to the market chain free, this unique three-bedroom terraced property on the ever-popular Loch Street, Orrell presents an exciting opportunity for buyers looking to complete a project and create something truly special.
Originally two separate properties, the building was later converted into commercial premises and operated as a hair salon for a number of years.
More recently, it has been transformed back into residential accommodation, with renovation works already underway.
Whilst further improvements are required, the property is now available for its next owner to unlock its full potential.
The accommodation begins with an entrance hallway leading to a generous front lounge.
This versatile space is large enough to be utilised as a spacious lounge/diner or, subject to a buyer's requirements, could potentially be reconfigured into two separate reception rooms.
To the rear sits the kitchen, which provides access to the rear of the property. Outside is a small enclosed yard, suitable for storage rather than garden use.
Also on the ground floor is a well-proportioned bedroom featuring a Velux window and its own ensuite bathroom, complete with a WC, hand basin and corner bath.
To the first floor are two further good-sized bedrooms, one benefiting from an ensuite shower room, alongside a separate family bathroom fitted with a bath and overhead shower, WC and hand basin.
An additional room on this level is currently utilised for storage, offering further flexibility depending on a buyer's needs.
There are also two generous sized loft spaces, one of which is boarded with a velux window and loft ladder.
With some imagination and the necessary consents where applicable, this property offers a wealth of possibilities.
Whether you're looking to create a spacious family home, explore commercial use once again, or add a versatile investment property to your portfolio, the potential here is undeniable.
Externally, there is unrestricted on-street parking to the front, with additional unallocated parking available to the rear.
The property enjoys a convenient Orrell location within walking distance of local shops, schools and amenities, while the M6 and M58 motorway networks are just a short drive away, making it ideal for commuters.
Value & comps
No previous sales on record.
Returns
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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 10, Loch Street, Wigan
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