2-bedroom flat · WN1 3RW
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rutter Green are pleased to offer for sale this spacious two-bedroom seventh-floor apartment within Derby House, offering well-proportioned accommodation together with a private balcony, designated parking space and secure gated access.
The apartment is accessed via a communal entrance with intercom entry and lift access to the upper floors.
Once inside, a hallway provides access to the accommodation, which is generously proportioned throughout.
The main living room is particularly spacious, with plenty of room to create separate sitting and dining areas.
Large windows provide good levels of natural light, while access to the private covered balcony provides an additional outdoor space from which to enjoy the elevated outlook.
There is a separate fitted kitchen comprising a range of wall and base units, work surfaces and integrated oven, with additional space for appliances.
The property offers two well-proportioned bedrooms, making it suitable for a variety of purchasers, whether as a first home, for those looking to downsize or as an investment opportunity.
Completing the accommodation is a shower room fitted with a modern white suite including a corner shower enclosure.
Externally, Derby House sits within established communal grounds and benefits from secure gated access and a designated parking space, a particularly useful feature for an apartment so conveniently positioned for Wigan town centre.
The location provides easy access to Wigan's extensive range of shops, restaurants and leisure facilities, together with excellent public transport connections and convenient access to the wider road and motorway network.
Offering spacious accommodation and secure parking, this seventh-floor apartment represents an excellent opportunity and viewing is highly recommended.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Derby House, Wigan WN1 3RW
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