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See how verdicts work2-bedroom terraced house · WN7 4QE
Sold STCListed 395 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb opportunity for investors, this two-bedroom semi-detached home is offered as a going concern with tenants in situ, providing instant rental income from the day of completion.
Fully compliant with current lettings legislation, it represents a low-hassle addition to any professional landlord’s portfolio. The property offers well-proportioned accommodation throughout.
The ground floor features a welcoming entrance hall leading to a bright and spacious living room, and a fitted kitchen with ample space for dining—perfect for modern family living.
Upstairs there are two double bedrooms and a family bathroom.
Externally, the property boasts an enclosed rear garden, ideal for low-maintenance outdoor enjoyment, as well as a driveway to the front providing convenient off-road parking.
Located in a popular and established residential area, 58b Plank Lane is within easy reach of local shops, schools and leisure facilities, and benefits from excellent transport links to Leigh town centre, Manchester and surrounding areas.
With tenants already in place and no set-up costs required, this property offers a ready-made investment delivering reliable returns from day one, making it an ideal choice for buy-to-let investors looking to expand or start their portfolio.
Ground Floor Entrance Hall A welcoming hallway giving access to the main living areas and staircase to the first floor.
Reception Room 14' (4.27) x 11'6 (3.51) Bright and inviting main reception room with a feature fireplace and ample space for both lounge and dining furniture.
A large front-facing window allows plenty of natural light and creates a warm, airy feel.
Kitchen / Diner 15'2 (4.63) max x 13' (3.96) max Positioned to the rear, the well-planned kitchen is fitted with a range of wall and base units, ample work surfaces, and space for appliances.
There is plenty of room for a dining table, and a rear door opens directly to the garden—ideal for indoor/outdoor entertaining.
To the First floor Master Bedroom 15'4 (4.67) x 11'2 (3.40) A generous double bedroom with a front aspect and space for freestanding wardrobes and furniture.
Bedroom 2 9'11 (3.03) x 9'10 (3.00) Another well-proportioned double bedroom overlooking the rear garden, perfect as a main bedroom, guest room, or home office.
Bathroom Fitted with a white suite comprising a panelled bath with shower over, pedestal wash hand basin, and low-level WC.
To the Outside Garden To the front is an enclosed, low-maintenance forecourt with a gated entrance, attractively paved for ease of upkeep and providing a neat, welcoming approach to the property.
To the rear is a good-sized enclosed garden, mainly laid to lawn with a patio area, providing a private space for relaxation or entertaining
Value & comps
No previous sales on record.
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 asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Plank Lane, Wigan, WN7
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