2-bedroom flat · WN6 7AQ
Listing removedReduced £10k (−5.6%) on 21 JunListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold This attractive Victorian end-terrace property is set out as two self-contained flats, offering a fantastic investment opportunity or flexible living accommodation.
The property is accessed via a communal entrance.
The ground floor flat comprises a spacious lounge, a generous bay-fronted bedroom, a modern newly fitted kitchen with access to the rear garden, and a bathroom.
To the first floor, the second flat offers a large reception room, a double bedroom, a bathroom, and a newly fitted kitchen.
The property has recently benefitted from new kitchens and redecoration throughout, creating a fresh and ready-to-move-into finish.
Externally, there is a rear garden providing outdoor space for the ground floor accommodation. Early viewing is highly recommended. EPC Rating: D Location Wigan
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 Flat 1 & Flat 2, 78 Park Road, Wigan, Wigan
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