2 Bed Terraced House, Single Let, Wigan, WN2 4XL, £150,000

387 Leigh Road, Wigan, Greater Manchester, WN2 4XL - 2 views - 7 months ago

Sold STC
Leasehold
BTL
ROI: 3%
84 m²
+11 photos

ValuationOvervalued

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

 

 

Square Metres

84 m²
Price/m²£1.8K/m²

Value Estimate

£142,973

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£540 - £1,650

Rent Estimate

£750

Running Costs/mo

£639

Cashflow/mo

£111

Cashflow/yr

£1,335

ROI

3%

Gross Yield

6%

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 
£120K02/210.12 mi68, Smiths Lane, Hindley Green, Wigan, Greater Manchester WN2 4XR2
£108.5K03/210.12 mi36, Smiths Lane, Hindley Green, Wigan, Greater Manchester WN2 4XR2
£105K06/230.12 mi44, Smiths Lane, Hindley Green, Wigan, Greater Manchester WN2 4XR2
£100K10/230.12 mi3, Smiths Lane, Hindley Green, Wigan, Greater Manchester WN2 4XR2
£110K04/210.21 mi279, Nel Pan Lane, Leigh, Greater Manchester WN7 5LJ2
£200K07/240.22 mi511, Wigan Road, Leigh, Greater Manchester WN7 5HN2
£80.5K12/200.22 mi263, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4XG2
£95K03/210.22 mi272, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4XG2
£70K09/210.22 mi259, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4XG2
£101K12/230.22 mi270, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4XG2
£90K05/210.41 mi93, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4XF2
£132K01/240.43 mi25, Laxey Crescent, Leigh, Greater Manchester WN7 5HE2
£130K06/230.44 mi93, Abbey Lane, Leigh, Greater Manchester WN7 5NU2
£140K10/230.44 mi62, Laxey Crescent, Leigh, Greater Manchester WN7 5HF2
£120K09/230.47 mi27, Douglas Road, Leigh, Greater Manchester WN7 5HG2
£280K05/240.5 mi9, Warlow Drive, Leigh, Greater Manchester WN7 5NZ2
£138K03/210.51 mi112, Shelley Street, Leigh, Greater Manchester WN7 5EX2
£165K04/230.51 mi48, Shelley Street, Leigh, Greater Manchester WN7 5EX2
£130K02/210.53 mi121, Shelley Street, Leigh, Greater Manchester WN7 5EW2
£155K07/230.53 mi121, Shelley Street, Leigh, Greater Manchester WN7 5EW2
£240K08/230.53 mi13, Heathlea, Hindley Green, Wigan, Greater Manchester WN2 4TZ2
£81K01/210.53 mi52, Melrose Avenue, Leigh, Greater Manchester WN7 5PH2
£147.5K12/200.54 mi16, Aylesbury Crescent, Hindley Green, Wigan, Greater Manchester WN2 4TY2
£105K10/210.54 mi40, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4SZ2
£100K10/210.54 mi44, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4SZ2
£102K06/230.54 mi36, Leigh Road, Hindley Green, Wigan, Greater Manchester WN2 4SZ2
£115K02/230.54 mi43, Melrose Avenue, Leigh, Greater Manchester WN7 5PQ2
£110K08/230.54 mi23, Melrose Avenue, Leigh, Greater Manchester WN7 5PQ2
£108K08/210.55 mi6, Edna Road, Leigh, Greater Manchester WN7 5ES2
£192K03/240.58 mi20, Colwyn Drive, Hindley Green, Wigan, Greater Manchester WN2 4TX2
£148K05/210.59 mi59, Bexhill Drive, Leigh, Greater Manchester WN7 5TQ2
£180K01/240.59 mi53, Bexhill Drive, Leigh, Greater Manchester WN7 5TQ2
£97K03/210.59 mi3, Netherfields, Leigh, Greater Manchester WN7 5LD2
£142K12/220.6 mi2, Little Pasture, Leigh, Greater Manchester WN7 5LW2
£105K06/210.61 mi4, Tinkersfield, Leigh, Greater Manchester WN7 5LB2
£180K11/230.63 mi52, Cambourne Drive, Hindley Green, Wigan, Greater Manchester WN2 4TU2
£152.5K06/240.63 mi76, Bexhill Drive, Leigh, Greater Manchester WN7 5TG2
£120K08/210.64 mi101, Ena Crescent, Leigh, Greater Manchester WN7 5ET2
£90K11/200.64 mi6, Abbey Lane, Leigh, Greater Manchester WN7 5NX2
£100K01/210.67 mi34, Thomas Street, Hindley Green, Wigan, Greater Manchester WN2 4SS2
£100K04/230.67 mi271, Wigan Road, Leigh, Greater Manchester WN7 5DP2
£165K11/210.68 mi220, Westleigh Lane, Leigh, Greater Manchester WN7 5PN2
£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
£84.5K11/230.7 mi7, Northwell Street, Leigh, Greater Manchester WN7 5NF2
£115K09/210.74 mi12, Harrison Street, Hindley Green, Wigan, Greater Manchester WN2 4SR2
£125K05/230.74 mi12, Harrison Street, Hindley Green, Wigan, Greater Manchester WN2 4SR2

Local Rents

26 rents from £540/mo to £1.6K/mo, average is £813/mo.

RentDateDistanceAddressBeds 
£80011/240.54 miLeigh Road, Wigan2
£95011/240.61 mi-2
£1,65011/240.61 mi-2
£1,05011/240.62 mi-2
£54011/240.76 mi-2
£79511/240.78 miCorner Lane, Leigh, Greater Manchester, WN72
£80011/240.79 mi-2
£80009/240.8 mi-2
£75011/240.8 mi-2
£76911/240.83 mi-2
£79511/240.92 miBeaumaris Road, Hindley Green2
£89511/240.94 mi-2
£85004/251.02 mi-2
£82503/251.05 mi-2
£77511/241.06 mi-2
£82504/251.06 mi-2
£85012/241.06 mi-2
£82511/241.14 mi-2
£85002/251.15 mi-2
£79504/251.16 mi-2
£95002/251.19 mi-2
£87511/241.21 miHilton Park, Leigh, WN7 1RL2
£75011/241.22 mi-2
£80011/241.23 mi-2
£89503/251.23 mi-2
£75011/241.24 mi-2

Local Area Statistics

Population in WN2

52,661

Population in Wigan

214,929

Town centre distance

4.36 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 £150,000

September 18, 2024

Sold for £122,500

2021

Sold for £84,000

2018

Sold for £43,000

2017

Description

  • VERY POPULAR RESIDENTAIL LOCATION +
  • IDEAL FIRST TIME ACCOMMODATION +
  • WELL PRESENTED THOUGHOUT +

In further detail the property includes: On the ground floor: Entrance , lounge, dining room and kitchen. Whilst on the first floorq there are two bedrooms/WC. The property is heated by gas central heating and benefits double glazing throughout.

The property is garden fronted with an enclosed courtyard style area to the rear.

Most day to day requirements can be found close by whilst the more comprehensive needs such
as shopping and recreational facilities can be found just a short distance away in the town centre of Leigh.
Local retail facilities include The Loom Retail Park and Parsonage Retail Park. Leisure attractions include: Pennington Country Park, Leigh Sports Village and Leigh Centurions Rugby Ground, Leigh Rugby Union, whilst larger sporting attractions include Haydock Park Racecourse, Manchester United and Liverpool Football Clubs, plus many more. Leigh is convenient for both Liverpool, Manchester and Salford Quays, with many attractions including the new Liverpool One shopping experience and Manchester boasts some of the Country's finest restaurants, shopping and leisure facilities and on its outskirts lies the Trafford Centre and Media City.

DIRECTIONS: Sat Nav ref: WN2 4XL.

In further the accommodation comprises:-

GROUND FLOOR:

ENTRANCE

LOUNGE 13'6 (max) x 16'9 (max) Attractive feature fireplace with wooden beam and slate floor. Tv point. Radiator.

DINING ROOM 14'1 (max) x 9'5 (max) Open through to kitchen. Wooden flooring. Radiator.

KITCHEN 22'8 (max) x 7'2 (max) Fully fitted with wall and base cupboards. Sink unit with mixer taps. Oven hob and extractor fan. Plumbing for washing machine. Inset lighting. Radiator.

FIRST FLOOR:

LANDING

BEDROOM 15'6 (max) x 6'9 (max) Radiator.

BEDROOM 13'3 (max) x 11'3 (max) Radiator.

FAMILY BATHROOM Panelled bath. Pedestal wash hand basin. Low level WC. Heated towel rail. Fully tiled walls and flooring.

OUTSIDE:

The property is garden fronted with an enclosed courtyard style area to the rear.

TENURE Leasehold

VIEIWNG By appointment with the agents over leaf.

COUNCIL TAX BAND A

PLEASE NOTE No tests have been made of mains services, heating systems or associated appliances and neither has confirmation been obtained from the statutory bodies of the presence of these services. We cannot therefore confirm that they are in working order and any prospective purchaser is advised to obtain verification from their solicitor or surveyor.

OPENING TIMES: MON-FRI 9.00AM - 5.30PM, SAT 9.00AM - 4.00PM, SUN CLOSED
E-mail: Web-site: /

Agent Details

Cooke & Company, Leigh

01942 925627

Next Steps?

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