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
Property image
Property image

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
BMV9%

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.

Price
Date
Distance
Address
Beds
 
£63K09/230.14 mi28, Rivington Drive, Wigan WN2 4AL2
£63K09/230.14 mi28, Rivington Drive, Wigan WN2 4AL2
£63K09/230.17 mi28, Rivington Drive, Bickershaw, Wigan, Greater Manchester WN2 4AL2
£85K02/220.46 mi17, Meadow Field, Hindley Green, Wigan, Greater Manchester WN2 4GQ2
£85K10/230.47 mi15, Meadow Field, Wigan WN2 4GQ2
£85K10/230.47 mi15, Meadow Field, Wigan WN2 4GQ2
£83K02/250.47 mi17, Meadow Field, Wigan WN2 4GQ2
£83K02/250.47 mi17, Meadow Field, Wigan WN2 4GQ2
£75K08/220.47 mi27, Meadow Field, Hindley Green, Wigan, Greater Manchester WN2 4GQ2
£69K12/230.47 mi356, Leigh Road, Wigan WN2 4XL2
£69K12/230.47 mi356, Leigh Road, Wigan WN2 4XL2
£98K09/240.47 mi41, Meadow Field, Wigan WN2 4GQ2
£98K09/240.47 mi41, Meadow Field, Wigan WN2 4GQ2
£98K09/240.47 mi41, Meadow Field, Wigan WN2 4GQ2
£100K06/220.48 mi4, Slackey Fold, Hindley Green, Wigan, Greater Manchester WN2 4XT2
£93K04/230.5 mi16, Longacre, Hindley Green, Wigan, Greater Manchester WN2 4LL2
£80K06/230.5 mi36, Longacre, Hindley Green, Wigan, Greater Manchester WN2 4LL2
£100K08/240.5 mi28, Longacre, Wigan WN2 4LL2
£100K08/240.5 mi28, Longacre, Wigan WN2 4LL2
£80K06/230.5 mi36, Longacre, Wigan WN2 4LL2
£69K12/230.52 mi356, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4XL2
£105K09/220.71 mi6, Heathlea Gardens, Hindley Green, Wigan, Greater Manchester WN2 4UE2
£82K08/240.71 mi5, Heathlea Gardens, Wigan WN2 4UE2
£82K08/240.71 mi5, Heathlea Gardens, Wigan WN2 4UE2

Local Rents

24 rents from £425/mo to £995/mo, average is £695/mo.

Rent
Date
Distance
Address
Beds
 
£69510/250.08 miBeacon Road, Bickershaw, WN22
£65008/250.17 miRivington Drive, Bickershaw2
£80008/250.28 miGarvin Jones Grove, Leigh, Greater Manchester, WN22
£99508/250.31 miNixon Phillips Drive, Wigan, WN22
£82511/250.37 miSmiths Lane, Hindley Green, Wigan, WN2 4XR2
£65007/250.46 miMeadow Field, Hindley Green, Wigan, WN22
£75009/250.46 miLeigh Road, Hindley Green2
£47508/250.47 miLeigh Road, Wigan,2
£75007/250.47 miMeadow Field, WN22
£69510/250.47 miMeadow Field, Hindley Green2
£69510/250.48 miMeadowfields, Hindley Green2
£69508/250.49 miLongacre, Hindley Green, Wigan, WN2 4LL2
£69510/250.49 miLongacre, Hindley Green, Wigan, WN2 4LL2
£85010/250.5 miLongacre, Hindley Green, WN22
£47508/250.5 miLongacre, Hindley Green, WN22
£70008/250.5 miLongacre, Hindley Green2
£70008/250.52 miBickershaw Lane, Wigan2
£60008/250.53 miChapel Street, Wigan2
£69510/250.53 miChapel Street, Bickershaw2
£42508/250.53 miMeadowfields, Hindley Green2
£75008/250.53 miBickershaw Lane, Bickershaw2
£77511/240.54 mi-2
£65008/250.6 miBickershaw Lane, Wigan2
£85006/250.61 mi-2

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

Property image

Description

  • Large 2 Bedroom Ground Floor Flat +
  • Gas Central Heating +
  • Double Glazing +
  • Modern Tasteful Decor +
  • Immaculate Presentation Throughout +
  • Off Road Parking +
  • Generous Rear Garden +
  • Popular Residential Location +
  • Close to Local Amenities and Transport Links +
  • No Upward Chain +

Sapphire Homes are delighted to offer For Sale this deceptively spacious 2 bedroom ground floor flat in a popular residential location that is situated close to both local amenities and transport links as well as being within walking distance of local schools. The property would be perfect for a first time buyer or investor and in brief the accommodation comprises of entrance / hallway, cloakroom / storage, generous bay fronted lounge, modern fitted kitchen / diner and there are two double bedrooms and a family bathroom with modern 3 piece shower suite in white. The property is warmed by gas central heating and also benefits from double glazing and a modern tasteful décor throughout. Externally there is off road parking and small lawn to the front elevation and to the rear there is a generous garden which enjoys a sunny and private aspect which is large patio area, with perimeter fencing and well stocked borders. Early internal viewing is highly recommended to appreciate in full and the property is offered to market with No Upward Chain.

Ground Floor -

Entrance / Hallway -

Cloakroom / Storage -

Lounge -

Kitchen / Diner -

Inner Hallway -

Bedroom 1 -

Bedroom 2 -

Bathroom -

External -

Rear Garden -

Agent Details

Sapphire Homes, Wigan

01942 925840

Next Steps?

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