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See how verdicts work2-bedroom flat · WN6 0PA
Sold STCReduced £5k (−2.9%) on 27 OctListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a new modern development of exclusive apartments in the heart of the popular village Standish sits this IMPRESSIVE, top floor PENTHOUSE apartment.
The apartments are situated along Preston Road offering easy walking distance into the village centre which offers a range of trendy bars, restaurants and coffee shops.
There is an Aldi and Lidl on the doorstep along with a newsagent, bus stop and is only a short drive to junction 27 of the M6 motorway network.
This outstanding penthouse apartment has been finished to an exceptionally high standard throughout along with lots of contemporary extras.
Access to the apartment is to the rear off Preston Road, the communal allocated parking area is surrounded by well-maintained gardens along with bin and bike store.
The apartments are then accessed through a secure phone entry system, then stairs leading up to the top floor.
When you enter the apartment, you are greeted by a spacious and modern entrance hallway with area for a desk and then a good-sized store cupboard.
There are two large double bedrooms one of which has been kitted out into a smart walk in wardrobe with shoe storage and office space.
The modern family bathroom is located off the entrance hallway and comprises of wc, sink unit, LED touch lit mirror and bath with shower over.
At the far end of the entrance hallway is the large open plan lounge / dining / kitchen.
The room has been set up with defined areas with a lounge and top spec media wall with LED lighting, large central island breakfast bar with feature LED lighting, views out of the window towards Rivington and then a modern fitted kitchen boasting a range of wall, base and drawer units along with cooker, hob, extractor, washer, dishwasher and fridge freezer.
This stunning apartment also has the benefit from double glazing and gas central heating.
Preston Road would make an ideal home for the professional single / couple who want to be close to all the amenities the village has to offer, viewings are recommended to truly appreciate the deceptive size, outstanding finish and superb location.
Vendor is negotiable on fixtures & fittings. Council Tax Band B, Leasehold 250 year lease, £130 pa ground rent. Service charge £650.18 per year.
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 Preston Road, Standish, Wigan, WN6 0PA
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