3-bedroom house · WN5 7AT
Sold STCReduced £35k (−9.7%) on 14 JulListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying a prime position directly opposite Orrell Water Park, this three-bedroom detached home offers generous living space, flexible accommodation and one of Orrell’s most sought-after settings.
Well known locally, the property was formerly the village cobblers before later becoming the fishing tackle shop familiar to many who visited the water park over the years.
It now provides spacious detached living with off-road parking, a detached garage and open views to the front.
The property stands directly facing the water park, giving it an open outlook rarely found in the area.
To the front there is off-road parking for two vehicles, an EV charging point and access to the main entrance, while to the rear sits a detached garage accessed via the service road.
Inside, the former shop frontage now creates a bright and spacious lounge with excellent natural light. Just off this room is a useful utility area.
To the rear is the kitchen, along with two further reception rooms currently used as a second sitting room and separate dining room, offering flexibility for family living, entertaining or working from home.
A downstairs WC adds further convenience.
The kitchen may benefit from some light cosmetic updating, but the space, layout and location make this a strong all-round home in a highly convenient setting.
Upstairs, there are three bedrooms, including two well-proportioned doubles and a third bedroom ideal as a single room, nursery or home office.
The family bathroom has been recently updated and features a walk-in shower, WC and wash hand basin.
The loft is accessed via a fitted ladder and benefits from power and a window, providing useful storage and further potential, subject to any necessary approvals.
Outside, the rear garden is mainly laid to lawn with a patio area close to the house, along with access to the detached rear garage.
With schools, shops, pubs, transport links and Orrell train station all close by, and Orrell Water Park directly opposite, this is a rare opportunity to purchase a detached home in one of Orrell’s best positions.
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
Agent & docs
FAQ
About 38, Lodge Road, Wigan
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