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2 Bed Flat, Single Let, Wigan, WN2 4AG £95,000
45 Belmont Avenue, Bickershaw, Wigan, WN2 4AG - 9 months ago
Sold STC
Leasehold
BTL
ROI: 7%
~65 m²


ValuationUndervalued
| Sold Prices | £63K - £105K |
| Sold Prices/m² | £1.3K/m² - £2K/m² |
| |
Square Metres | ~64.70 m² |
| Price/m² | £1.5K/m² |
Value Estimate | £103,669 |
| BMV | 9% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £23,750 |
Stamp Duty & Legal Fees | £5,950 |
Total Cash In | £29,700 |
| |
Cash Out | |
Rent Range | £425 - £995 |
Rent Estimate | £623 |
Running Costs/mo | £441 |
Cashflow/mo | £182 |
Cashflow/yr | £2,178 |
ROI | 7% |
Gross Yield | 8% |
Local Sold Prices
24 sold prices from £63K to £105K, average is £83K. £1.3K/m² to £2K/m², average is £1.5K/m².
Local Rents
24 rents from £425/mo to £995/mo, average is £695/mo.
Local Area Statistics
Population in WN2 | 52,661 |
Population in Wigan | 214,929 |
Town centre distance | 3.87 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 2.07 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +16% |
Sales demand | Seller's market |
Capital growth (5yrs) | +53% |
Property History
Listed for £95,000
February 21, 2025
Floor Plans
Description
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