10 Bed Terraced House, Refurb/BRRR, Wigan, WN1 1SU £540,000

• Two full apartment blocks sold together – 10 self-contained 1-bed flats +
• Vacant and ready for refurbishment or full upgrade programme +
• Strong rental demand for affordable, self-contained 1-bed homes +
• Refurbished units typically achieve £625–£700 pcm locally +
• Projected combined rental income of £75,000–£80,000 per year once updated +
• Attractive projected yield of around 13%–15% at the £540,000 guide price +
• Straightforward layouts ideal for modernisation and adding value +
• Rare opportunity to acquire scale in Wigan at a competitive guide price +
• For Sale by Modern Auction – T & C’s apply, subject to reserve price, buyers fees apply +

4 & 5 Park Terrace, Wigan, WN1 1SU
Guide Price: £540,000 – Two Apartment Blocks (10 Flats Total) A rare chance to acquire two neighbouring apartment blocks, sold together as one lot and providing a total of ten self-contained one-bedroom flats. Ideal for investors, landlords or developers seeking a clear value-add project with strong rental demand. No.4 Park Terrace – 5 Flats
Part-refurbished with several units benefitting from new kitchens, bathrooms and carpets.
Some areas still require finishing, offering a great opportunity to complete the block to a modern rental standard. No.5 Park Terrace – 5 Flats
A full refurbishment project throughout, giving buyers plenty of scope to redesign, upgrade and create high-demand rental units once modernised. Flat Layouts (Both Blocks)

• Open-plan kitchen/living space

• Shower room

• One double bedroom

• Straightforward layouts ready for modernisation

Rental & Investment Potential

• Strong local demand for affordable, self-contained 1-bed units from young professionals, contractors and long-term renters

• Refurbished 1-bed homes in this area typically achieve £625–£700 pcm

• Combined projected rental income of £75,000–£80,000 per year once refurbished and fully let

• At the £540,000 guide price, the blocks offer an attractive projected yield of around 13%–15% post-refurbishment

Overall Opportunity

• Ideal for a buyer seeking a clear, straightforward refurbishment project

• Significant scope to upgrade, increase rental income and add long-term value

• Priced to encourage strong interest and achieve a quick sale

Please note: The floorplan is provided for guidance only — the internal layout may differ from the current arrangement.