2 Bed Terraced House, Single Let, Leigh, WN7 1RQ, £85,000

Glebe Street, Leigh, Greater Manchester, WN7 1RQ - 3 views - 10 months ago

Sold STC
Leasehold
BTL
ROI: 11%
~68 m²
+1 photos

ValuationFair Value

Sold Prices£64K - £247.5K
Sold Prices/m²£758/m² - £2.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£83,460

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,750

Total Cash In

£25,000

 

 

Cash Out

 

Rent Range

£700 - £995

Rent Estimate

£638

Running Costs/mo

£413

Cashflow/mo

£225

Cashflow/yr

£2,697

ROI

11%

Gross Yield

9%

Local Sold Prices

49 sold prices from £64K to £247.5K, average is £95K. £758/m² to £2.7K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£85K03/230 mi124, Glebe Street, Leigh, Greater Manchester WN7 1RQ2
£100K07/230.01 mi87, Gordon Street, Leigh, Greater Manchester WN7 1RW2
£76K12/210.04 mi7, Selwyn Street, Leigh, Greater Manchester WN7 1RP2
£84K07/210.07 mi11, Gordon Street, Leigh, Greater Manchester WN7 1RE2
£78K01/210.08 mi69, Glebe Street, Leigh, Greater Manchester WN7 1RF2
£106.5K02/240.08 mi63, Glebe Street, Leigh, Greater Manchester WN7 1RF2
£115K01/240.11 mi187, Glebe Street, Leigh, Greater Manchester WN7 1RH2
£95K04/230.11 mi169, Glebe Street, Leigh, Greater Manchester WN7 1RH2
£120K11/230.12 mi103, Selwyn Street, Leigh, Greater Manchester WN7 1RS2
£93K11/210.12 mi92, Selwyn Street, Leigh, Greater Manchester WN7 1RS2
£64K01/210.12 mi156, Glebe Street, Leigh, Greater Manchester WN7 1RJ2
£80K05/210.12 mi119, Gordon Street, Leigh, Greater Manchester WN7 1RU2
£75K03/210.15 mi40, Platt Street, Leigh, Greater Manchester WN7 1NA2
£95K11/230.15 mi84, Leigh Road, Leigh, Greater Manchester WN7 1SL2
£124K07/240.16 mi27, Oxford Street, Leigh, Greater Manchester WN7 1NE2
£100K04/230.16 mi11, Peel Street, Leigh, Greater Manchester WN7 1XF2
£154.4K09/230.17 mi118, Windermere Grove, Leigh, Greater Manchester WN7 1XQ2
£93.5K06/230.18 mi74, Hope Street, Leigh, Greater Manchester WN7 1NB2
£76K09/210.18 mi80, Hope Street, Leigh, Greater Manchester WN7 1NB2
£70K02/230.18 mi50, Platt Street, Leigh, Greater Manchester WN7 1NA2
£106K10/230.18 mi69, Oxford Street, Leigh, Greater Manchester WN7 1NG2
£138K03/210.19 mi56, The Avenue, Leigh, Greater Manchester WN7 1ES2
£90K01/240.21 mi130, Leigh Road, Leigh, Greater Manchester WN7 1SJ2
£110K04/240.21 mi127, Hope Street, Leigh, Greater Manchester WN7 1NP2
£78K04/210.21 mi108, Hope Street, Leigh, Greater Manchester WN7 1NP2
£90K11/200.21 mi121, Hope Street, Leigh, Greater Manchester WN7 1NP2
£85K03/210.21 mi139, Hope Street, Leigh, Greater Manchester WN7 1NP2
£101.5K11/210.22 mi14, Kirkhall Lane, Leigh, Greater Manchester WN7 1RY2
£139.9K11/230.22 mi43, Ledbury Street, Leigh, Greater Manchester WN7 1PY2
£115K02/230.22 mi16, Endsleigh Gardens, Leigh, Greater Manchester WN7 1LR2
£87K03/210.24 mi7, Sefton Street, Leigh, Greater Manchester WN7 1LX2
£100K03/230.24 mi6, Buchanan Street, Leigh, Greater Manchester WN7 1XT2
£95K06/230.24 mi130, Oxford Street, Leigh, Greater Manchester WN7 1NJ2
£97K06/210.24 mi15, Sefton Street, Leigh, Greater Manchester WN7 1LX2
£72K12/200.24 mi217, Hope Street, Leigh, Greater Manchester WN7 1NR2
£85K06/210.24 mi195, Hope Street, Leigh, Greater Manchester WN7 1NR2
£126K02/240.24 mi168, Hope Street, Leigh, Greater Manchester WN7 1NR2
£100K01/240.24 mi173, Hope Street, Leigh, Greater Manchester WN7 1NR2
£105K10/210.25 mi66, Union Street, Leigh, Greater Manchester WN7 1AX2
£79K08/230.25 mi60, Union Street, Leigh, Greater Manchester WN7 1AX2
£160K02/240.25 mi15, Langdale Street, Leigh, Greater Manchester WN7 1XP2
£105K10/210.26 mi13, Jaffrey Street, Leigh, Greater Manchester WN7 1XX2
£75K01/210.26 mi18, Jaffrey Street, Leigh, Greater Manchester WN7 1XX2
£95K06/210.26 mi11, Cavendish Street, Leigh, Greater Manchester WN7 1SG2
£247.5K11/210.27 mi1, Arundel Drive, Leigh, Greater Manchester WN7 1PX2
£130K04/240.27 mi146, Bold Street, Leigh, Greater Manchester WN7 1EZ2
£73K02/210.28 mi47, Henrietta Street, Leigh, Greater Manchester WN7 1LH2
£165K08/240.29 mi30, Church Street, Leigh, Greater Manchester WN7 1AY2
£120K03/230.32 mi9, Orchard Lane, Leigh, Greater Manchester WN7 1NT2

Local Rents

50 rents from £700/mo to £995/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£85011/240.01 mi-2
£85012/240.02 mi-2
£75002/250.02 mi-2
£90004/250.02 mi-2
£75012/230.03 mi-2
£99512/240.03 mi-2
£80011/240.04 mi-2
£70002/250.05 mi-2
£88009/240.06 mi-2
£70011/240.1 miLeigh Road, Leigh2
£87511/240.1 miHilton Park, Leigh, WN7 1RL2
£89503/250.11 mi-2
£80011/240.12 mi-2
£75011/240.12 mi-2
£75011/230.13 mi-2
£75011/240.15 mi-2
£90003/250.17 mi-2
£87504/250.19 mi-2
£85003/250.19 mi-2
£75012/240.19 mi-2
£75012/240.19 mi-2
£75004/250.19 mi-2
£77503/250.2 mi-2
£75011/240.2 mi-2
£85011/240.2 mi-2
£82511/240.2 mi-2
£82504/250.2 mi-2
£75011/240.21 mi-2
£75011/240.21 mi-2
£80002/250.21 mi-2
£89002/250.22 mi-2
£89002/250.22 mi-2
£79503/250.22 mi-2
£80011/240.23 mi-2
£79509/240.23 mi-2
£72511/240.24 miOxford Street, Leigh, Greater Manchester, WN72
£85011/240.24 mi-2
£85004/250.24 mi-2
£90004/250.25 mi-2
£75002/240.25 mi-2
£79511/240.25 mi-2
£79511/240.25 mi-2
£89504/250.25 mi-2
£75012/240.25 mi-2
£85011/240.26 mi-2
£79511/240.27 mi-2
£85001/250.27 mi-2
£80012/240.32 mi-2
£81003/250.32 mi-2
£85003/250.34 mi-2

Local Area Statistics

Population in WN7

47,819

Town centre distance

189.33 miles away

Nearest school

0.10 miles away

Nearest train station

2.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £85,000

June 28, 2024

Description

  • NO ONWARD CHAIN +
  • EXCELLENT POTENTIAL +

In further detail the property includes:- On the ground floor: Entrance vestibule, lounge and dining kitchen. Whilst on the first floor there are two bedrooms and bathroom/WC.

The property is pavement fronted with a private enclosed area to the rear with gated access.

DIRECTIONS: Sat Nav Ref. WN7 1RQ

In further the accommodation comprises:-

GROUND FLOOR:

ENTRANCE VESTIBULE

LOUNGE 13'11 (max) x 12'4 (max) Gas Fire. Radiator.

DINING KITCHEN 14'2 (max) x 9'5 (max) Radiator. Door to rear.

FIRST FLOOR:

LANDING

BEDROOM 12'7 (max) x 10'8 (max)

BEDROOM 9'3 (max) x 6'9 (max) Radiator.

BATHROOM Panelled bath. Pedestal wash hand basin. Low level Wc. Radiator.

OUTSIDE: The property is pavement fronted with an enclosed area to the rear.

TENURE Leasehold. Residue of 999 year Lease.

COUNCIL AND TAX BAND Wigan Council Tax Band A.

VIEWING By appointment with the agents as overleaf.

SERVICES (NOT TESTED) No tests have been made of mains services, heating systems or associated appliances and neither has confirmation been obtained from the statutory bodies of the presence of these services. We cannot therefore confirm that they are in working order and any prospective purchaser is advised to obtain verification from their solicitor or surveyor.

Agent Details

Cooke & Company, Leigh

01942 925627

Next Steps?

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