2 Bed Terraced House, Single Let, Wigan, WN2 5JG, £80,000

Tram Street, Platt Bridge, WN2 5JG - 1 views - 2 months ago

Sold STC
Leasehold
BTL
ROI: 15%
~68 m²
+17 photos

ValuationUndervalued

Sold Prices£60K - £195K
Sold Prices/m²£739/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£90,443
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£3,600

Total Cash In

£23,600

 

 

Cash Out

 

Rent Range

£625 - £850

Rent Estimate

£708

Running Costs/mo

£412

Cashflow/mo

£296

Cashflow/yr

£3,557

ROI

15%

Gross Yield

11%

Local Sold Prices

50 sold prices from £60K to £195K, average is £109.5K. £739/m² to £4K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£135K11/210.02 mi79, Tram Street, Platt Bridge, Wigan, Greater Manchester WN2 5JG2
£85K04/210.09 mi4, Abingdon Drive, Platt Bridge, Wigan, Greater Manchester WN2 5JQ2
£125K04/230.18 mi88, Warrington Road, Abram, Wigan, Greater Manchester WN2 5QF2
£87.5K05/240.18 mi78, Warrington Road, Abram, Wigan, Greater Manchester WN2 5QF2
£90K04/230.23 mi100, Warrington Road, Abram, Wigan, Greater Manchester WN2 5QH2
£83K03/230.23 mi148, Warrington Road, Abram, Wigan, Greater Manchester WN2 5QH2
£123K05/230.23 mi28, Victoria Road, Platt Bridge, Wigan, Greater Manchester WN2 5DL2
£88K03/210.23 mi16, Victoria Road, Platt Bridge, Wigan, Greater Manchester WN2 5DL2
£81.5K03/210.23 mi20, New Street, Platt Bridge, Wigan, Greater Manchester WN2 5JB2
£87K07/230.29 mi3, Vicarage Close, Platt Bridge, Wigan, Greater Manchester WN2 5DW2
£109K03/230.3 mi18, Lily Lane, Bamfurlong, Wigan, Greater Manchester WN2 5JN2
£120K12/230.3 mi51, Lily Lane, Bamfurlong, Wigan, Greater Manchester WN2 5JN2
£150K04/230.31 mi26, Hodder Green Close, Platt Bridge, Wigan, Greater Manchester WN2 5FF2
£70K04/230.34 mi232, Warrington Road, Abram, Wigan, Greater Manchester WN2 5QY2
£87.5K03/210.36 mi86, Bickershaw Lane, Abram, Wigan, Greater Manchester WN2 5PP2
£120K11/210.39 mi60, Winstanley Road, Bamfurlong, Wigan, Greater Manchester WN2 5JP2
£92K12/200.41 mi109, Lily Lane, Bamfurlong, Wigan, Greater Manchester WN2 5JW2
£110K03/240.42 mi3, Wyredale Close, Platt Bridge, Wigan, Greater Manchester WN2 5EE2
£158K10/230.42 mi9, Ruskin Crescent, Abram, Wigan, Greater Manchester WN2 5PX2
£116K06/230.47 mi6, Borrowbeck Close, Platt Bridge, Wigan, Greater Manchester WN2 5EZ2
£112.8K03/230.47 mi22, Borrowbeck Close, Platt Bridge, Wigan, Greater Manchester WN2 5EZ2
£117.5K09/230.47 mi16, Borrowbeck Close, Platt Bridge, Wigan, Greater Manchester WN2 5EZ2
£85K09/230.47 mi6, Stephen Street, Platt Bridge, Wigan, Greater Manchester WN2 3UL2
£110K05/230.48 mi139, Lily Lane, Bamfurlong, Wigan, Greater Manchester WN2 5JS2
£85K01/210.49 mi8, Stuart Close, Platt Bridge, Wigan, Greater Manchester WN2 5BZ2
£64K01/210.5 mi30, Sydney Street, Platt Bridge, Wigan, Greater Manchester WN2 5BP2
£64K01/210.5 mi30, Sydney Street, Platt Bridge, Wigan, Greater Manchester WN2 5BP2
£82.5K06/230.51 mi188, Walthew Lane, Platt Bridge, Wigan, Greater Manchester WN2 5AW2
£72.5K01/210.53 mi14, Bank Street, Platt Bridge, Wigan, Greater Manchester WN2 5BW2
£160K02/230.53 mi7, Ansford Avenue, Abram, Wigan, Greater Manchester WN2 5PQ2
£85K03/210.53 mi26, Dartington Road, Platt Bridge, Wigan, Greater Manchester WN2 5BE2
£110K04/210.54 mi63, Dartington Road, Platt Bridge, Wigan, Greater Manchester WN2 5BA2
£65K04/230.54 mi72, Sydney Street, Platt Bridge, Wigan, Greater Manchester WN2 5BS2
£145K05/210.55 mi115, Simpkin Street, Abram, Wigan, Greater Manchester WN2 5PS2
£130K10/210.56 mi3, Epsom Drive, Bamfurlong, Wigan, Greater Manchester WN2 5LQ2
£112.6K03/210.6 mi22, Egerton Street, Abram, Wigan, Greater Manchester WN2 5RW2
£125K02/230.62 mi13, Stanley Road, Platt Bridge, Wigan, Greater Manchester WN2 3TF2
£100K08/210.63 mi8, Wright Street, Abram, Wigan, Greater Manchester WN2 5RP2
£60K10/210.64 mi210, Lily Lane, Bamfurlong, Wigan, Greater Manchester WN2 5JT2
£135K02/240.64 mi207, Lily Lane, Bamfurlong, Wigan, Greater Manchester WN2 5JT2
£125K11/200.65 mi45, Moss Lane, Platt Bridge, Wigan, Greater Manchester WN2 3TQ2
£87K11/200.66 mi386, Warrington Road, Abram, Wigan, Greater Manchester WN2 5XA2
£88K01/210.68 mi417, Warrington Road, Abram, Wigan, Greater Manchester WN2 5XB2
£184K07/230.68 mi4, Oakbank, Platt Bridge, Wigan, Greater Manchester WN2 3TS2
£130K04/210.7 mi3, Hall Street, Bamfurlong, Wigan, Greater Manchester WN2 5JX2
£195K01/210.73 mi6, Beckwith, Platt Bridge, Wigan, Greater Manchester WN2 3UN2
£113K08/230.73 mi7, Alfred Street, Platt Bridge, Wigan, Greater Manchester WN2 3TP2
£97K11/210.76 mi593, Bolton Road, Bamfurlong, Wigan, Greater Manchester WN2 5JZ2
£122K12/200.76 mi22, Oak Avenue, Abram, Wigan, Greater Manchester WN2 5XH2
£100K03/210.76 mi23, Oak Avenue, Abram, Wigan, Greater Manchester WN2 5XH2

Local Rents

18 rents from £625/mo to £850/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£75003/250.18 mi-2
£80010/240.2 mi-2
£79512/240.22 mi-2
£80001/250.23 mi-2
£80003/250.24 mi-2
£75001/240.3 mi-2
£79911/240.31 miWarrington Road, Wigan WN2 5QY2
£75002/240.37 mi-2
£74903/250.46 mi-2
£85004/250.48 mi-2
£62501/240.49 mi-2
£65003/250.49 mi-2
£72010/240.51 mi-2
£75001/240.52 mi-2
£85001/250.52 mi-2
£74904/250.54 mi-2
£75004/250.56 mi-2
£70011/240.58 miCrystal Close, Platt Bridge, WN22

Local Area Statistics

Population in WN2

52,661

Population in Wigan

214,929

Town centre distance

2.39 miles away

Nearest school

0.20 miles away

Nearest train station

1.75 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+50%

Property History

Listed for £80,000

February 12, 2025

Floor Plans

Description

  • Two bedroom mid terraced property +
  • Street parking +
  • Council tax band-A +
  • Kitchen/diner with integrated fridge freezer +
  • Good size garden with patio and artificial lawn +
  • Large family bathroom with separate shower and bath +

This new to the market 2-bedroom mid-terraced house presents an ideal opportunity for first-time buyers or those looking to downsize. Boasting a well-maintained exterior and a convenient street parking option, this property assures easy accessibility for residents. The interior welcomes you with a bright and airy feel, offering a spacious kitchen/diner complete with integrated fridge freezer, perfect for culinary enthusiasts and gatherings with loved ones. The property is attractive for those seeking a comfortable living space with the added benefit of council tax band-A, providing an economical advantage for homeowners.

Stepping outside, the property reveals a delightful surprise with a good-size garden that exemplifies outdoor entertainment and relaxation. The garden features a charming patio area, ideal for al-fresco dining or summer barbeques, while the artificial lawn provides a low-maintenance solution for greenery enthusiasts. The property's outdoor space is thoughtfully designed to offer a private retreat from the hustle and bustle of every-day life, allowing residents to unwind in the comfort of their own home. Additionally, the large family bathroom equipped with a separate shower and bath enhances the overall appeal of this property, making it a desirable option for those prioritising comfort and convenience in their living space.

EPC Rating: C

Agent Details

Breakey & Co, Wigan

01942 590036

Next Steps?

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