2-bedroom flat · WN3 5EB
Sold STCListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale in good condition throughout, this well-presented first floor two-bedroom flat provides comfortable and well-proportioned accommodation.
The property opens into a hallway providing access to all rooms. The spacious lounge, measuring, provides a generous main living space with ample room for both seating and dining furniture.
The separate kitchen, offers a practical layout with space for the necessary appliances and storage.
There are two bedrooms, with the larger bedroom benefiting from fitted wardrobes, providing useful built-in storage.
The second bedroom measures and offers a versatile space suitable for a bedroom, home office or dressing room. A shower room completes the accommodation.
The property is situated in Worsley Mesnes, a well-established residential area to the south-west of Wigan town centre.
A selection of local shops and everyday amenities are available nearby, while Wigan town centre provides a wider range of shopping, leisure and recreational facilities.
For commuters, Wigan North Western and Wigan Wallgate railway stations provide regular services towards Manchester, Liverpool, Preston and beyond.
The area is also served by local bus routes, providing convenient connections to Wigan town centre and surrounding districts.
With its practical layout, generous lounge, fitted bedroom storage and convenient location, this property represents an excellent opportunity for a first-time buyer, downsizer or buy-to-let investor.
EPC rating: C.
Disclaimer: Important notice: All descriptions, plans, dimensions, references to condition or suitability for use, necessary permissions for use and occupation and other details are given in good faith and are believed to be correct and any intending purchasers or lessees should not rely on them as statements of fact but must satisfy themselves by inspection or otherwise as to the correctness of each.
Any electrical or other appliances on the property have not been tested, nor have the drains, heating, plumbing or electrical installations.
All intending purchasers are recommended to carry out their own investigations before contract.
These particulars are produced in good faith and set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute an offer or contract nor any part thereof.
Tenure: Important notice: We have been unable to verify the tenure of this property which has been provided in good faith by the vendor.
All intended purchasers or lessees are recommended to carry out their own investigations before contract.
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 advisors 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 50, Richmond Street, Wigan
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