We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · WN1 2AH
Listing removedListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TO BE SOLD BY ONLINE AUCTION ON 22ND- 23RD APRIL UNLESS SOLD PRIOR UNDER AUCTION TERMS.
29 Acton Street, Wigan, WN1 2AH Not yet inspected by Edward Mellor but reported to comprise; a self-contained lower ground floor flat accessed directly from Acton Street with lounge, kitchen, two bedrooms and bathroom.
It has been fully refurbished and is ready to let, offering a straightforward, low-hassle investment for buyers seeking immediate rental income from day one. Photos have been provided by the vendor.
Located close to Wigan town centre, the property benefits from strong and consistent tenant demand, excellent transport links and convenient access to a wide range of local amenities, making it a highly lettable option in a well-established rental area.
With an expected rental income of approximately £600 PCM, this represents an excellent return based on today’s guide price, providing a very attractive yield and strong long-term investment potential.
Having undergone improvements throughout it allows a buyer to step straight in with minimal upfront costs or delays, making it ideal for both new and experienced investors looking to expand their portfolio with a ready-made asset.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 advisers before making any investment decisions.
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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 29, Acton Street, Wigan
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