1-bedroom flat · WN4 0RN
Listing removedListed 165 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lilac are pleased to offer this 1 bed/studio/bedsit flat in a great location for £500PCM. The flat is on the 1st floor in a block of eight and located within a quiet residential area of Garswood.
There is off-road parking available.
Please note that this accommodation is ideally for only 1 person Briefly comprising a sitting room which can also be used as the main bedroom if more than the single bed is required.
The bedroom only has enough space for a single bed or alternatively it could be a great space for a walk-in wardrobe/dressing room.
There is a compact kitchen with everything you need, a newly fitted modern bathroom with WC, sink and shower. Parking space available.
Close to Garswood Train Station Council Tax band A Electric Heating only EPC - D Please note a 5 week deposit applies - £576.90 Please contact Lilac to express your interest.
Affordability criteria apply, id, referencing & right to rent checks are carried out *An affordability assessment for a rental application is a check to see if a tenant can afford the monthly rent after covering other essential expenses.
For you to be able to apply for this property your annual income will need to be at least the rent being charged per calendar month x 30 (i.e. £500pcm rent x 30 = £15000 annual income required).
If a guarantor is required their annual income will need to be at least the rent being charged per calendar month x 36 (i.e.
£500pcm rent x 36 = £18000) Referencing and id checks will be carried out - for right to rent, aml, pep & sanction checks too
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 51, Abinger Road, Garswood, Wigan
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