2-bedroom flat · WN7 2FR
For saleReduced £10k (−6.3%) on 20 MarListed 519 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Great first buy!- Hunters are pleased to market for sale a two bedroom, first floor apartment in the popular Mather House development.
Tastefully decorated throughout the property has many benefits including cinema room, gym, concierge service and is within walking distance to local shops and supermarkets.
Briefly the property comprises of - entrance hall, bright and airy lounge through kitchen dining room, two double bedrooms (one with ensuite), main bathroom and storage room currently used as a utility.
Some updating has been completed by the current owner such as usb sockets, heating system and a new kitchen sink.
Do not miss the opportunity to viewing this amazing flat tenure: Leasehold, 246 years remaining, £150 ground rent per Annum Service Charge: £2,116.00 per Annum Entrance Hall Lounge Through Kitchen Diner (6.92 x 6.18 (22'8" x 20'3")) Bedroom One (4.68 x 2.64 (15'4" x 8'7")) Ensuite Bedroom Two (3.94 x 2.40 (12'11" x 7'10")) Bathroom
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 31, Mather Lane, Leigh
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