2-bedroom flat · WN2 5LS
Listing removedListed 117 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lobster Lettings are delighted to offer a lovely unfurnished, two bedroom, 2nd floor apartment, conveniently located on good bus routes, with easy access to the A580 East Lancs road, M61 motorway and Hindley train station.
Just 10 mins drive in to Wigan town centre and surrounded by an abundance of local amenities such as: Shops, take aways, schools, a doctors surgery, chemist and an nhs dentist.
The property comes with allocated parking for 1 car The accomodation briefly comprises of: Entrance hall, open plan lounge and kitchen, two bedrooms and a bathroom.
There is a utilty cupboard with plumbing for washing machine and a further storage cupbaord. Please note that the property is unfurnished.
There is no lift to this building, so there will be 1 flight of stairs. We recommend you register your interest early on this one as it will be popular!
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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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 5, Gas Street, Platt Bridge
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