2-bedroom house · WN3 4TA
Listing removedReduced £50 (−7.1%) on 25 JunListed 221 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lilac are pleased to offer to let for £700PCM - available now - 2 bed, spacious, terrace property in Springview, close to all local amenities including shops and transport links.
The property is set back from a main road behind a small level fenced garden and comprises of a vestibule entrance which leads to the Lounge with open plan stairs and then the fully fitted kitchen.
Modern bathroom off the kitchen. On the first floor you will find 2 bedrooms. The property benefits from UPVC double glazing, gas central heating, some new carpets some new decoration.
Externally to the rear there is an enclosed yard.
Available now £700.00 pcm Deposit is 5 weeks £807.70 EPC rating D Council Tax A Please contact Lilac to express your interest - please note the following: *An affordability assessment for a rental application is a check to see if a tenant can afford the monthly rent after covering other essential expenses.
For you to be able to apply for this property your annual income will need to be at least the rent being charged per calendar month x 30 (i.e. £700pcm rent x 30 = £21000 annual income required).
If a guarantor is required their annual income will need to be at least the rent being charged per calendar month x 36 (i.e.
£700pcm rent x 36 = £25200) Referencing and id checks will be carried out - for right to rent, aml, pep & sanction checks too
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
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FAQ
About 2, Moss Street, Springview, Wigan
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