4 Bed HMO, Wigan, WN2 5BH, £150,000

3, Whistley Street, Wigan, WN2 5BH - 2 views - a month ago

Leasehold
HMO
ROI: 12%
93 m²

ValuationUndervalued

Sold Prices£145K - £311K
Sold Prices/m²£1K/m² - £4.1K/m²

 

 

Square Metres

93 m²
Price/m²£1.6K/m²

Value Estimate

£184,500
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£46,200

 

 

Cash Out

 

Room Rate

£433

Gross Rent

£1,732

Running Costs/mo

£1,257

Cashflow/mo

£475

Cashflow/yr

£5,704

ROI

12%

Gross Yield

14%

Local Sold Prices

32 sold prices from £145K to £311K, average is £240K. £1K/m² to £4.1K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£240K11/200.32 mi11, Morano Drive, Platt Bridge, Wigan, Greater Manchester WN2 5BU4
£220K03/240.35 mi9, Waterford Close, Platt Bridge, Wigan, Greater Manchester WN2 5BX4
£275K09/230.4 mi57, Lune Road, Platt Bridge, Wigan, Greater Manchester WN2 5HG4
£210K10/200.45 mi4, Coverdale Close, Platt Bridge, Wigan, Greater Manchester WN2 5EN4
£200K04/230.52 mi3, Dunster Close, Platt Bridge, Wigan, Greater Manchester WN2 5HT4
£175K07/230.6 mi25, Woodville Road, Ince, Wigan, Greater Manchester WN3 4PB4
£265K12/220.64 mi13, Fir Tree Drive, Ince, Wigan, Greater Manchester WN3 4UQ4
£311K12/220.65 mi98, Simpkin Street, Abram, Wigan, Greater Manchester WN2 5PT4
£170K11/200.65 mi422, Warrington Road, Ince, Wigan, Greater Manchester WN3 4TF4
£250K10/200.66 mi2, Canning Close, Hindley, Wigan, Greater Manchester WN2 3NQ4
£257.5K03/210.66 mi7, Canning Close, Hindley, Wigan, Greater Manchester WN2 3NQ4
£190K08/210.68 mi10, Byron Close, Abram, Wigan, Greater Manchester WN2 5PY4
£199K04/210.68 mi89, Simpkin Street, Abram, Wigan, Greater Manchester WN2 5PS4
£258K11/200.76 mi46, Blackberry Drive, Hindley, Wigan, Greater Manchester WN2 3JU4
£234K12/200.76 mi35, Blackberry Drive, Hindley, Wigan, Greater Manchester WN2 3JU4
£295K01/240.76 mi43, Blackberry Drive, Hindley, Wigan, Greater Manchester WN2 3JU4
£258K06/210.79 mi24, Perceval Way, Hindley, Wigan, Greater Manchester WN2 3NP4
£280K06/210.79 mi14, Perceval Way, Hindley, Wigan, Greater Manchester WN2 3NP4
£302K10/220.82 mi14, Arncliffe Close, Hindley, Wigan, Greater Manchester WN2 3LH4
£145K02/210.84 mi7, Westbourne Close, Ince, Wigan, Greater Manchester WN3 4JE4
£310K11/220.84 mi23, Westbourne Close, Ince, Wigan, Greater Manchester WN3 4JE4
£250K02/230.84 mi37, Westbourne Close, Ince, Wigan, Greater Manchester WN3 4JE4
£235K12/200.84 mi1, Daisybank Close, Hindley, Wigan, Greater Manchester WN2 3DY4
£270K02/230.88 mi32, Chatsworth Fold, Ince, Wigan, Greater Manchester WN3 4LT4
£179K12/200.88 mi4, Wooler Grove, Hindley, Wigan, Greater Manchester WN2 3SU4
£218K03/210.88 mi81, Chatsworth Fold, Ince, Wigan, Greater Manchester WN3 4LT4
£300K07/230.88 mi5, Blissford Close, Hindley, Wigan, Greater Manchester WN2 3JT4
£150K12/200.89 mi12, Cashmore Drive, Hindley, Wigan, Greater Manchester WN2 3JJ4
£218K02/210.89 mi3, Vale Gardens, Ince, Wigan, Greater Manchester WN3 4JD4
£250K03/210.9 mi17, Whitsbury Avenue, Hindley, Wigan, Greater Manchester WN2 3JH4
£185.5K02/210.94 mi5, Chatsworth Gardens, Ince, Wigan, Greater Manchester WN3 4NZ4
£240K01/230.94 mi11, Chatsworth Gardens, Ince, Wigan, Greater Manchester WN3 4NZ4

Local Area Statistics

Population in WN2

52,661

Population in Wigan

214,929

Town centre distance

2.20 miles away

Nearest school

0.10 miles away

Nearest train station

1.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+50%

Property History

Listed for £150,000

March 6, 2025

Description

  • Four person HMO +
  • Four en-suite bedrooms +
  • Lounge & separate kitchen +
  • Gross income £20,800 per annum +

This end terraced property is a four person/four bedroom HMO. The property has a lounge and separate kitchen. Well presented throughout, the property is offered for sale fully furnished.

Agent Details

Healy Simpson, Wigan

01942 932108

Next Steps?

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

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