2 Bed Terraced House, Single Let, Leigh, WN7 1RQ, £75,000

Glebe Street, Leigh, WN7 1RQ - 1 views - a month ago

Leasehold
Auction
BTL
ROI: 14%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£64K - £247.5K
Sold Prices/m²£758/m² - £2.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.1K/m²

Value Estimate

£84,356
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£4,950

Total Cash In

£23,700

 

 

Cash Out

 

Rent Range

£700 - £995

Rent Estimate

£653

Running Costs/mo

£385

Cashflow/mo

£268

Cashflow/yr

£3,216

ROI

14%

Gross Yield

10%

Local Sold Prices

49 sold prices from £64K to £247.5K, average is £95K. £758/m² to £2.7K/m², average is £1.2K/m².

PriceDateDistanceAddressBeds 
£85K03/230 mi124, Glebe Street, Leigh, Greater Manchester WN7 1RQ2
£100K07/230.01 mi87, Gordon Street, Leigh, Greater Manchester WN7 1RW2
£76K12/210.04 mi7, Selwyn Street, Leigh, Greater Manchester WN7 1RP2
£84K07/210.08 mi11, Gordon Street, Leigh, Greater Manchester WN7 1RE2
£78K01/210.08 mi69, Glebe Street, Leigh, Greater Manchester WN7 1RF2
£106.5K02/240.08 mi63, Glebe Street, Leigh, Greater Manchester WN7 1RF2
£115K01/240.11 mi187, Glebe Street, Leigh, Greater Manchester WN7 1RH2
£95K04/230.11 mi169, Glebe Street, Leigh, Greater Manchester WN7 1RH2
£120K11/230.11 mi103, Selwyn Street, Leigh, Greater Manchester WN7 1RS2
£93K11/210.11 mi92, Selwyn Street, Leigh, Greater Manchester WN7 1RS2
£64K01/210.12 mi156, Glebe Street, Leigh, Greater Manchester WN7 1RJ2
£80K05/210.12 mi119, Gordon Street, Leigh, Greater Manchester WN7 1RU2
£75K03/210.14 mi40, Platt Street, Leigh, Greater Manchester WN7 1NA2
£95K11/230.15 mi84, Leigh Road, Leigh, Greater Manchester WN7 1SL2
£124K07/240.15 mi27, Oxford Street, Leigh, Greater Manchester WN7 1NE2
£100K04/230.17 mi11, Peel Street, Leigh, Greater Manchester WN7 1XF2
£93.5K06/230.18 mi74, Hope Street, Leigh, Greater Manchester WN7 1NB2
£76K09/210.18 mi80, Hope Street, Leigh, Greater Manchester WN7 1NB2
£70K02/230.18 mi50, Platt Street, Leigh, Greater Manchester WN7 1NA2
£106K10/230.18 mi69, Oxford Street, Leigh, Greater Manchester WN7 1NG2
£154.4K09/230.18 mi118, Windermere Grove, Leigh, Greater Manchester WN7 1XQ2
£138K03/210.19 mi56, The Avenue, Leigh, Greater Manchester WN7 1ES2
£90K01/240.2 mi130, Leigh Road, Leigh, Greater Manchester WN7 1SJ2
£110K04/240.21 mi127, Hope Street, Leigh, Greater Manchester WN7 1NP2
£78K04/210.21 mi108, Hope Street, Leigh, Greater Manchester WN7 1NP2
£90K11/200.21 mi121, Hope Street, Leigh, Greater Manchester WN7 1NP2
£85K03/210.21 mi139, Hope Street, Leigh, Greater Manchester WN7 1NP2
£101.5K11/210.21 mi14, Kirkhall Lane, Leigh, Greater Manchester WN7 1RY2
£139.9K11/230.22 mi43, Ledbury Street, Leigh, Greater Manchester WN7 1PY2
£115K02/230.22 mi16, Endsleigh Gardens, Leigh, Greater Manchester WN7 1LR2
£95K06/230.23 mi130, Oxford Street, Leigh, Greater Manchester WN7 1NJ2
£87K03/210.23 mi7, Sefton Street, Leigh, Greater Manchester WN7 1LX2
£72K12/200.24 mi217, Hope Street, Leigh, Greater Manchester WN7 1NR2
£85K06/210.24 mi195, Hope Street, Leigh, Greater Manchester WN7 1NR2
£126K02/240.24 mi168, Hope Street, Leigh, Greater Manchester WN7 1NR2
£100K01/240.24 mi173, Hope Street, Leigh, Greater Manchester WN7 1NR2
£97K06/210.24 mi15, Sefton Street, Leigh, Greater Manchester WN7 1LX2
£100K03/230.24 mi6, Buchanan Street, Leigh, Greater Manchester WN7 1XT2
£105K10/210.25 mi66, Union Street, Leigh, Greater Manchester WN7 1AX2
£79K08/230.25 mi60, Union Street, Leigh, Greater Manchester WN7 1AX2
£160K02/240.26 mi15, Langdale Street, Leigh, Greater Manchester WN7 1XP2
£95K06/210.26 mi11, Cavendish Street, Leigh, Greater Manchester WN7 1SG2
£105K10/210.26 mi13, Jaffrey Street, Leigh, Greater Manchester WN7 1XX2
£75K01/210.26 mi18, Jaffrey Street, Leigh, Greater Manchester WN7 1XX2
£247.5K11/210.26 mi1, Arundel Drive, Leigh, Greater Manchester WN7 1PX2
£130K04/240.27 mi146, Bold Street, Leigh, Greater Manchester WN7 1EZ2
£73K02/210.28 mi47, Henrietta Street, Leigh, Greater Manchester WN7 1LH2
£165K08/240.29 mi30, Church Street, Leigh, Greater Manchester WN7 1AY2
£120K03/230.32 mi9, Orchard Lane, Leigh, Greater Manchester WN7 1NT2

Local Rents

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

RentDateDistanceAddressBeds 
£85011/240.01 mi-2
£75002/250.02 mi-2
£85012/240.02 mi-2
£75012/230.02 mi-2
£90004/250.02 mi-2
£99512/240.03 mi-2
£80011/240.04 mi-2
£70002/250.05 mi-2
£88009/240.06 mi-2
£70011/240.1 miLeigh Road, Leigh2
£87511/240.1 miHilton Park, Leigh, WN7 1RL2
£89503/250.11 mi-2
£80011/240.11 mi-2
£75011/240.12 mi-2
£75011/230.13 mi-2
£75011/240.15 mi-2
£90003/250.16 mi-2
£87504/250.18 mi-2
£85003/250.18 mi-2
£75012/240.19 mi-2
£75012/240.19 mi-2
£75004/250.19 mi-2
£77503/250.19 mi-2
£75011/240.19 mi-2
£85011/240.2 mi-2
£82511/240.2 mi-2
£82504/250.2 mi-2
£75011/240.2 mi-2
£75011/240.2 mi-2
£80002/250.2 mi-2
£89002/250.22 mi-2
£89002/250.22 mi-2
£79503/250.22 mi-2
£80011/240.22 mi-2
£79509/240.22 mi-2
£72511/240.23 miOxford Street, Leigh, Greater Manchester, WN72
£85011/240.24 mi-2
£85004/250.24 mi-2
£75002/240.25 mi-2
£79511/240.25 mi-2
£79511/240.25 mi-2
£90004/250.25 mi-2
£89504/250.25 mi-2
£75012/240.26 mi-2
£85011/240.26 mi-2
£79511/240.26 mi-2
£85001/250.27 mi-2
£80012/240.32 mi-2
£81003/250.32 mi-2
£85003/250.35 mi-2

Local Area Statistics

Population in WN7

47,819

Town centre distance

189.33 miles away

Nearest school

0.10 miles away

Nearest train station

2.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £75,000

March 12, 2025

Floor Plans

Description

  • No Onward Chain +
  • Two Bedrooms +
  • Low Maintenance Garden to The Rear +
  • Perfect for an Investment Opportunity +
  • Close to All Local Amenities +
  • Close to Parsonage Retail Park +

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £75,000 A fantastic opportunity for investors to get their hands on this two bedroom terraced property and make it their own! PRIMELY located in a popular area of Leigh, it is within extremely close proximity to Leigh town centre providing easy access to all local amenities including schools, doctors surgery and Leigh Infirmary. The property is also within walking distance to Leigh Bus Station and the V2 guided bus way allows easy access for commuting into Manchester City Centre and very close to Parsonage Retail Park and Leigh sports Village. Featuring a fantastic sized lounge and kitchen to the rear, with TWO double bedrooms to upstairs and a family bathroom. Externally boasts a low maintenance rear courtyard and on street parking is available to the front of the home. This property is offered with No Onward Chain! Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

EPC Rating: C Lounge (3.99m x 4.23m) Kitchen (4.01m x 4.3m) Master Bedroom (3.5m x 4.29m) Bedroom 2 (3.04m x 2.09m) Bathroom (3.1m x 2.1m)

Agent Details

Price and Co, Westhoughton

01204 958070

Next Steps?

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