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 work4-bedroom terraced house · WN6 7AN
Sold STCListed 334 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***IMMACULATE 4 BEDROOM HOUSE SHARE / HMO*** ***LUXURY FURNISHED BEDROOMS*** **MUST VIEW** ****4 OCCUPIED ROOMS - NO ARREARS - AST'S WITH BILLS INCLUDED - COUNCIL TAX, GAS, ELECTRICITY, WATER, HIGH SPEED WIFI.
It is with pleasure that Sapphire Homes are in a position to offer this stunning HMO For Sale with tenants in situ and sold as a going concern.
There are 4 bedrooms in HMO conversion with three boasting ensuites and one having an off suite bathroom.
The property is located in Springfield which is a brief walk to Wigan Town Centre and offers excellent transport links as well as being close to local amenities.
The property is Fully furnished throughout all with quality furnishings and fixtures and there is a generous and luxurious modern fitted kitchen / dining area with separate utility room which also provides access to the rear garden.
Each bedroom / en-suite which has a secure lock on their door, carpeted flooring throughout, tasteful decor and excellent furnishings including wall mounted TV's included in each room.
Externally the property has a small garden area to front and rear and this property is rented to professional tenants. Early internal viewings are highly recommended to appreciate in full.
No Upward Chain.
**Gross Rental Income - £1906.66 PCM or Annual Income - £22,879.92** Ground Floor - Entrance / Hallway - Bedroom 1 - Ensuite - Communal Kitchen / Dining / Living - Utility Room - Off Suite Bathroom (Bedroom 2) - Bedroom 2 - Bedroom 3 - Ensuite - Bedroom 4 - Ensuite - External - Rear Garden -
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
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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 Victoria Avenue, Springfield, Wigan, WN6 7AN
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