2-bedroom terraced house · WN1 3LX
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A great-sized 2-bedroom end-of-terrace property To Let.
The property briefly comprises of an entrance hall, a spacious living room to the front elevation, and a generous open-plan kitchen/diner to the rear.
Upstairs there are two good-sized bedrooms and a family bathroom. Externally, there is a paved courtyard garden with gated access. Affordability Income affordability is 2.5 times the rent.
If the rental amount is £775 per month, you must receive/earn £23,250 per year (775 x 2.5 x 12 months).
Proven income to pass referencing from Permanent contracted hours (no zero-hour contracts, or probation periods). Income can come from a combination of employment and benefits.
Most benefits are accepted but cannot be included within the required income affordability.
Landlord Referencing Process (via Rightmove referencing) includes, Employer references Previous Landlord references Credit checks include positive credit score, no CCJ's or IVA's permitted, and no rent arrears.
It is the landlord's decision who they accept to let their property, as such information provided to Jump-Pad is shared with the landlord.
Relevant letting fees and tenant protection information As well as paying the rent, you may also be required to make the following permitted payments.
Permitted payments Before the tenancy starts (payable to Jump-Pad Ltd 'the Agent') Holding Deposit: 1 week's rent Deposit: 4 weeks' rent Jump-Pad reserves the right to charge for our costs incurred where false or misleading information is provided through the referencing process.
During the tenancy (payable to the Agent) Payment of £50.00 if you want to change the tenancy agreement Payment of interest for the late payment of rent at a rate of 3% above the Bank of England's published base rate for each day that the payment has been outstanding Payment for the reasonably incurred costs for the loss of keys/security devices, dependent on the type and associated costs to replace estimated at between £5 and £50.
Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy During the tenancy (payable to the provider) if permitted and applicable Utilities – gas, electricity, water Communications – telephone and broadband Installation of cable/satellite Subscription to cable/satellite supplier Television licence Council Tax Other permitted payments Any other permitted payments, not included above, under the relevant legislation including contractual damages.
Tenant Protection Jump-Pad Ltd is a member of Client Money Protect which is a client money protection scheme, and also a member of The Property Redress Scheme (PRS) which is a redress scheme.
You can find out more details on the agent's website or by contacting the agent directly.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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 Gilroy Street, Wigan, WN1
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