2 Bed Terraced House, Single Let, Wigan, WN2 4XL, £115,000

381 Leigh Road, WN2 4XL - 4 views - a month ago

Leasehold
BTL
ROI: 7%
~80 m²
+12 photos

ValuationUndervalued

Sold Prices£70K - £280K
Sold Prices/m²£819/m² - £5.6K/m²

 

 

Square Metres

~79.80 m²
Price/m²£1.4K/m²

Value Estimate

£135,824
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£6,950

Total Cash In

£35,700

 

 

Cash Out

 

Rent Range

£540 - £1,650

Rent Estimate

£750

Running Costs/mo

£529

Cashflow/mo

£221

Cashflow/yr

£2,648

ROI

7%

Gross Yield

8%

Local Sold Prices

51 sold prices from £70K to £280K, average is £120K. £819/m² to £5.6K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£120K02/210.14 mi68, Smiths Lane, Hindley Green, Wigan, Greater Manchester WN2 4XR2
£108.5K03/210.14 mi36, Smiths Lane, Hindley Green, Wigan, Greater Manchester WN2 4XR2
£105K06/230.14 mi44, Smiths Lane, Hindley Green, Wigan, Greater Manchester WN2 4XR2
£100K10/230.14 mi3, Smiths Lane, Hindley Green, Wigan, Greater Manchester WN2 4XR2
£110K04/210.19 mi279, Nel Pan Lane, Leigh, Greater Manchester WN7 5LJ2
£200K07/240.2 mi511, Wigan Road, Leigh, Greater Manchester WN7 5HN2
£80.5K12/200.24 mi263, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4XG2
£95K03/210.24 mi272, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4XG2
£70K09/210.24 mi259, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4XG2
£101K12/230.24 mi270, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4XG2
£132K01/240.42 mi25, Laxey Crescent, Leigh, Greater Manchester WN7 5HE2
£90K05/210.42 mi93, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4XF2
£130K06/230.42 mi93, Abbey Lane, Leigh, Greater Manchester WN7 5NU2
£140K10/230.43 mi62, Laxey Crescent, Leigh, Greater Manchester WN7 5HF2
£120K09/230.45 mi27, Douglas Road, Leigh, Greater Manchester WN7 5HG2
£280K05/240.48 mi9, Warlow Drive, Leigh, Greater Manchester WN7 5NZ2
£138K03/210.49 mi112, Shelley Street, Leigh, Greater Manchester WN7 5EX2
£165K04/230.49 mi48, Shelley Street, Leigh, Greater Manchester WN7 5EX2
£130K02/210.51 mi121, Shelley Street, Leigh, Greater Manchester WN7 5EW2
£155K07/230.51 mi121, Shelley Street, Leigh, Greater Manchester WN7 5EW2
£81K01/210.52 mi52, Melrose Avenue, Leigh, Greater Manchester WN7 5PH2
£115K02/230.53 mi43, Melrose Avenue, Leigh, Greater Manchester WN7 5PQ2
£110K08/230.53 mi23, Melrose Avenue, Leigh, Greater Manchester WN7 5PQ2
£240K08/230.54 mi13, Heathlea, Hindley Green, Wigan, Greater Manchester WN2 4TZ2
£108K08/210.54 mi6, Edna Road, Leigh, Greater Manchester WN7 5ES2
£147.5K12/200.54 mi16, Aylesbury Crescent, Hindley Green, Wigan, Greater Manchester WN2 4TY2
£105K10/210.55 mi40, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4SZ2
£100K10/210.55 mi44, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4SZ2
£102K06/230.55 mi36, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4SZ2
£97K03/210.57 mi3, Netherfields, Leigh, Greater Manchester WN7 5LD2
£142K12/220.58 mi2, Little Pasture, Leigh, Greater Manchester WN7 5LW2
£148K05/210.58 mi59, Bexhill Drive, Leigh, Greater Manchester WN7 5TQ2
£180K01/240.58 mi53, Bexhill Drive, Leigh, Greater Manchester WN7 5TQ2
£192K03/240.59 mi20, Colwyn Drive, Hindley Green, Wigan, Greater Manchester WN2 4TX2
£105K06/210.59 mi4, Tinkersfield, Leigh, Greater Manchester WN7 5LB2
£152.5K06/240.63 mi76, Bexhill Drive, Leigh, Greater Manchester WN7 5TG2
£120K08/210.63 mi101, Ena Crescent, Leigh, Greater Manchester WN7 5ET2
£180K11/230.63 mi52, Cambourne Drive, Hindley Green, Wigan, Greater Manchester WN2 4TU2
£90K11/200.63 mi6, Abbey Lane, Leigh, Greater Manchester WN7 5NX2
£100K04/230.65 mi271, Wigan Road, Leigh, Greater Manchester WN7 5DP2
£165K11/210.67 mi220, Westleigh Lane, Leigh, Greater Manchester WN7 5PN2
£100K01/210.68 mi34, Thomas Street, Hindley Green, Wigan, Greater Manchester WN2 4SS2
£84.5K11/230.68 mi7, Northwell Street, Leigh, Greater Manchester WN7 5NF2
£114K12/200.69 mi993, Atherton Road, Hindley Green, Wigan, Greater Manchester WN2 4TA2
£125.5K08/210.69 mi983, Atherton Road, Hindley Green, Wigan, Greater Manchester WN2 4TA2
£112.5K06/210.69 mi919, Atherton Road, Hindley Green, Wigan, Greater Manchester WN2 4TA2
£138K09/230.69 mi951, Atherton Road, Hindley Green, Wigan, Greater Manchester WN2 4TA2
£138K09/230.69 mi951, Atherton Road, Hindley Green, Wigan, Greater Manchester WN2 4TA2
£134.5K04/240.69 mi979, Atherton Road, Hindley Green, Wigan, Greater Manchester WN2 4TA2
£77.5K06/210.74 mi223, Wigan Road, Leigh, Greater Manchester WN7 5DW2
£160K06/230.74 mi9, May Avenue, Leigh, Greater Manchester WN7 5DQ2

Local Rents

27 rents from £540/mo to £1.6K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£85004/250.08 mi-2
£80011/240.55 miLeigh Road, Wigan2
£95011/240.59 mi-2
£1,65011/240.59 mi-2
£1,05011/240.62 mi-2
£54011/240.76 mi-2
£79511/240.77 miCorner Lane, Leigh, Greater Manchester, WN72
£80011/240.77 mi-2
£80009/240.78 mi-2
£75011/240.78 mi-2
£76911/240.81 mi-2
£89511/240.92 mi-2
£79511/240.94 miBeaumaris Road, Hindley Green2
£85004/251 mi-2
£82503/251.03 mi-2
£82504/251.04 mi-2
£85012/241.05 mi-2
£77511/241.08 mi-2
£82511/241.12 mi-2
£85002/251.13 mi-2
£79504/251.14 mi-2
£95002/251.17 mi-2
£87511/241.19 miHilton Park, Leigh, WN7 1RL2
£75011/241.2 mi-2
£80011/241.21 mi-2
£89503/251.21 mi-2
£75011/241.22 mi-2

Local Area Statistics

Population in WN2

52,661

Population in Wigan

214,929

Town centre distance

4.38 miles away

Nearest school

0.40 miles away

Nearest train station

2.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+50%

Property History

Listed for £115,000

March 18, 2025

Floor Plans

Description

  • Fantastic Two Bedroom Terraced +
  • Popular Location +
  • Ideal Buy To Let +
  • Ideal First Time Buy +
  • No Onward Chain +
  • Well Proportioned Sitting Room +
  • Kitchen Dining Room +
  • Two Generous Bedrooms +
  • Bathroom +

ARC HOMES are delighted to offer FOR SALE this spacious, garden-fronted terrace, positioned in a popular area bordering Hindley Green and Leigh. This property would make an ideal buy-to-let investment or first-time purchase and is offered with no onward chain, therefore early viewing is advised. Entry is via an entrance vestibule, which leads into a well-proportioned sitting room. To the rear is the fitted kitchen-dining room, which completes the ground floor. On the first floor, there are two generous bedrooms and a bathroom. Please note, this property is currently tenanted and can be sold with the tenant in situ, please speak to the office for further details.

Agent Details

Arc Homes, Hindley

01942 946948

Next Steps?

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