2-bedroom flat · WN1 1XD
To rentReduced £45 (−5.7%) on 21 OctListed 69 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 2 bedroomed, first floor flat is located within the heart of Wigan.
The property offers ideal accommodation for tenants employed within Wigan Town centre or those commuters using the main rail and bus terminals.
The property briefly comprises: Spacious entrance hall and landing with fitted carpet. Two bedrooms, the master of which is double in size and both benefitting from fitted carpets and neutral décor.
The spacious lounge again boasts double glazing and fitted carpet.
The kitchen is completed with modern wall and base units, vinyl flooring, integrated stainless-steel gas hob with extractor hood and electric oven.
The bathroom profits from ceramic tiled walls, vinyl tile-effect flooring, an electric shower over bath and a white 3-piece combination suite, which includes wash basin, close-coupled WC and bath.
The property benefits from full dg & GCH throughout and has an ideal location within the town centre.
Further benefits include a spacious and low maintenance outside space (shared with flat below). Viewing is recommended.
Council Tax Band: A material interest for tenants • Council Tax Band: A • Rent: £795 per calendar month / per week / four weekly • Deposit for full property: £ 917 (equivalent of 5 weeks rent) • General construction details: Brick Build construction with 2 storey extension with slate roof • Utilities provided: Gas / electricity water: United Utilities • Gas supplier and type of meter: Scottish Power Retail Ltd • Electric supplier and type of meter: Scottish Power • Water supplier (meter or rateable value): Prepay Meter • Drainage (mains sewer / septic tank / other): Mains sewer • Heating: Heating & hot water through combination boiler • Broadband: • Mobile signal / coverage: • Parking: No Parking A resident parking permit is now a virtual permit for which you must complete an individual online application form per vehicle - up to three permits can be issued per property.
To support your application, you will be asked to upload two pieces of documentation: 1. Proof of Residency 2.
Proof of Vehicle Registration • Building Safety: • Restrictions: • Rights and easements: • Flood risk: Flood map for planning - () (Flood Zone: • Coastal erosion risk: National Coastal Erosion Risk Mapping () • Planning permission / proposal for development: • Property accessibility / adaptations: • Coalfield or mining areas:
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 Flat B, 15, Powell Street Wigan Greater Manchester, Wigan
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