2 Bed Terraced House, Single Let, Leigh, WN7 1RT, £120,000

Gordon Street, Leigh, WN7 1RT - 2 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£64K - £247.5K
Sold Prices/m²£928/m² - £2.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.8K/m²

Value Estimate

£86,059

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£700 - £995

Rent Estimate

£653

Running Costs/mo

£526

Cashflow/mo

£127

Cashflow/yr

£1,529

ROI

4%

Gross Yield

7%

Local Sold Prices

49 sold prices from £64K to £247.5K, average is £97K. £928/m² to £2.7K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£80K05/210.02 mi119, Gordon Street, Leigh, Greater Manchester WN7 1RU2
£64K01/210.03 mi156, Glebe Street, Leigh, Greater Manchester WN7 1RJ2
£115K01/240.05 mi187, Glebe Street, Leigh, Greater Manchester WN7 1RH2
£95K04/230.05 mi169, Glebe Street, Leigh, Greater Manchester WN7 1RH2
£120K11/230.05 mi103, Selwyn Street, Leigh, Greater Manchester WN7 1RS2
£93K11/210.05 mi92, Selwyn Street, Leigh, Greater Manchester WN7 1RS2
£101.5K11/210.08 mi14, Kirkhall Lane, Leigh, Greater Manchester WN7 1RY2
£90K01/240.09 mi130, Leigh Road, Leigh, Greater Manchester WN7 1SJ2
£95K11/230.1 mi84, Leigh Road, Leigh, Greater Manchester WN7 1SL2
£95K06/210.12 mi11, Cavendish Street, Leigh, Greater Manchester WN7 1SG2
£95K06/230.13 mi130, Oxford Street, Leigh, Greater Manchester WN7 1NJ2
£106K10/230.14 mi69, Oxford Street, Leigh, Greater Manchester WN7 1NG2
£76K12/210.14 mi7, Selwyn Street, Leigh, Greater Manchester WN7 1RP2
£85K03/230.14 mi124, Glebe Street, Leigh, Greater Manchester WN7 1RQ2
£72K12/200.14 mi217, Hope Street, Leigh, Greater Manchester WN7 1NR2
£85K06/210.14 mi195, Hope Street, Leigh, Greater Manchester WN7 1NR2
£126K02/240.14 mi168, Hope Street, Leigh, Greater Manchester WN7 1NR2
£100K01/240.14 mi173, Hope Street, Leigh, Greater Manchester WN7 1NR2
£100K07/230.14 mi87, Gordon Street, Leigh, Greater Manchester WN7 1RW2
£110K04/240.17 mi127, Hope Street, Leigh, Greater Manchester WN7 1NP2
£78K04/210.17 mi108, Hope Street, Leigh, Greater Manchester WN7 1NP2
£90K11/200.17 mi121, Hope Street, Leigh, Greater Manchester WN7 1NP2
£85K03/210.17 mi139, Hope Street, Leigh, Greater Manchester WN7 1NP2
£124K07/240.17 mi27, Oxford Street, Leigh, Greater Manchester WN7 1NE2
£139.9K11/230.18 mi43, Ledbury Street, Leigh, Greater Manchester WN7 1PY2
£76.5K05/210.19 mi9, Orchard Lane, Leigh, Greater Manchester WN7 1NT2
£120K03/230.19 mi9, Orchard Lane, Leigh, Greater Manchester WN7 1NT2
£136.5K05/230.19 mi2, Orchard Lane, Leigh, Greater Manchester WN7 1NT2
£128K05/210.2 mi760, Leigh Road, Leigh, Greater Manchester WN7 1TF2
£118K03/210.2 mi726, Leigh Road, Leigh, Greater Manchester WN7 1TF2
£93.5K06/230.2 mi74, Hope Street, Leigh, Greater Manchester WN7 1NB2
£76K09/210.2 mi80, Hope Street, Leigh, Greater Manchester WN7 1NB2
£247.5K11/210.2 mi1, Arundel Drive, Leigh, Greater Manchester WN7 1PX2
£75K03/210.21 mi40, Platt Street, Leigh, Greater Manchester WN7 1NA2
£84K07/210.21 mi11, Gordon Street, Leigh, Greater Manchester WN7 1RE2
£78K01/210.22 mi69, Glebe Street, Leigh, Greater Manchester WN7 1RF2
£106.5K02/240.22 mi63, Glebe Street, Leigh, Greater Manchester WN7 1RF2
£70K02/230.24 mi50, Platt Street, Leigh, Greater Manchester WN7 1NA2
£171K04/210.24 mi196, Charles Street, Leigh, Greater Manchester WN7 1PT2
£100K03/210.24 mi51, Orchard Lane, Leigh, Greater Manchester WN7 1NX2
£157K06/230.24 mi70, Orchard Lane, Leigh, Greater Manchester WN7 1NX2
£77.5K11/200.25 mi20, Robertshaw Street, Leigh, Greater Manchester WN7 5SB2
£100K04/230.28 mi11, Peel Street, Leigh, Greater Manchester WN7 1XF2
£154.4K09/230.29 mi118, Windermere Grove, Leigh, Greater Manchester WN7 1XQ2
£138K03/210.3 mi56, The Avenue, Leigh, Greater Manchester WN7 1ES2
£135K02/230.3 mi90, Bright Street, Leigh, Greater Manchester WN7 5QN2
£130K04/240.3 mi146, Bold Street, Leigh, Greater Manchester WN7 1EZ2
£87K03/210.31 mi7, Sefton Street, Leigh, Greater Manchester WN7 1LX2
£97K06/210.31 mi15, Sefton Street, Leigh, Greater Manchester WN7 1LX2

Local Rents

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

RentDateDistanceAddressBeds 
£75011/240.03 mi-2
£75011/240.03 mi-2
£80011/240.04 mi-2
£89503/250.04 mi-2
£75012/240.09 mi-2
£75012/240.09 mi-2
£75004/250.09 mi-2
£99512/240.11 mi-2
£75012/230.11 mi-2
£87511/240.12 miHilton Park, Leigh, WN7 1RL2
£87504/250.12 mi-2
£85003/250.12 mi-2
£72511/240.13 miOxford Street, Leigh, Greater Manchester, WN72
£79509/240.14 mi-2
£75002/250.15 mi-2
£85011/240.15 mi-2
£85012/240.15 mi-2
£90004/250.16 mi-2
£88009/240.16 mi-2
£89002/250.16 mi-2
£89002/250.16 mi-2
£79503/250.16 mi-2
£75011/240.18 mi-2
£75011/240.18 mi-2
£80002/250.18 mi-2
£82511/240.18 mi-2
£82504/250.18 mi-2
£80011/240.18 mi-2
£80011/240.18 mi-2
£70011/240.18 miLeigh Road, Leigh2
£75011/230.18 mi-2
£70002/250.18 mi-2
£85011/240.18 mi-2
£75011/240.19 mi-2
£77503/250.2 mi-2
£82511/240.23 mi-2
£82503/250.24 mi-2
£90003/250.25 mi-2
£85004/250.31 mi-2
£75002/240.33 mi-2
£79511/240.33 mi-2
£79511/240.33 mi-2
£79511/240.36 mi-2
£85001/250.37 mi-2
£85011/240.38 mi-2
£85004/250.38 mi-2
£89511/240.39 mi-2
£90004/250.39 mi-2
£89504/250.39 mi-2
£75012/240.39 mi-2

Local Area Statistics

Population in WN7

47,819

Town centre distance

189.40 miles away

Nearest school

0.10 miles away

Nearest train station

2.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £120,000

February 5, 2025

Description

  • INVESTORS WANTED +
  • TWO BEDROOMS +
  • NEAR LOCAL AMENITIES +
  • REAR GARDEN +
  • TENANT IN SITU +
  • NO CHAIN +

IDEAL Investment property offered for sale with tenants in situ. The property is conveniently close to Leigh town center/ retail park and benefits from a lounge, a smart kitchen and to the first floor, two spacious bedrooms and spacious family bathroom. To the rear, the property has a garden. The property has gas central heating and is fully double glazed. This is a great property for someone looking to increase their portfolio!!

Agent Details

Stone Cross Estate Agents, Tyldesley

01942 559759

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪