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

4 & 5 Park Terrace, Wigan, WN1 1SU - 1 views - a month ago
  1. Deal Search
  2. Wigan
  3. WN1
  4. WN1 1SU
Auction
Refurb/BRRR
~71 m²

ValuationOvervalued

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Links

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  • More Deals in WN1
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Property History

Listed for £540,000

November 6, 2025

Floor Plans

Description

  • 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.

Agent Details

G.R. Estates, Stockton-on-Tees

01642 378022

Next Steps?

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

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