🔒 Sign in to view the address — Wigan
Flat · 1 bed
Supports major UK property portals
Suggested Offer Range
Already 23% below the area median — limited negotiation margin. Strong value at current asking price. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
AI condition score: 4/10 · North West rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £3,450 |
| Bathroom | £2,500 |
| Living Room | £1,500 |
| Master Bedroom | £3,450 |
| Entrance Hall | £350 |
| Total Estimated Refurb | £10,800 |
⚠ Indicative estimates only. Based on photo condition score and regional benchmarks for a typical 2–3 bed property. Always obtain contractor quotes before committing to a refurb budget. Photo AI may over-flag minor cosmetic issues.
🔧 Local Trades
| Trade | Name | Phone | |
|---|---|---|---|
| builder | SJP Building Services - Builders Of Excellence In Every Job | 07855 259 927 | — |
| decorator | Parkinson Decorators | 07702 360597 | — |
| photographer | Key Photography Wigan - Photographed by Kieran Johnson | 01942 236398 | — |
Property Details
- Asking Price
- £70,000
- Property Type
- Flat
- Bedrooms
- 1
- Bathrooms
- N/A
- Floor Area
- 500–600 sqft
- Article 4 Area
- ✓ No restriction — SA permitted under PD rights
📈 Rental Yield & ROI Forecast
Compound-growth projection: 2.5% annual rent growth + 3% capital growth. IO mortgage throughout. For illustration only.
| Year | Est. Rent/yr | Est. Value | Net Income/yr | Cum. Cashflow | Total Return | ROI on Cash Invested |
|---|---|---|---|---|---|---|
| Yr 1 | £6,335 | £72,100 | £4,116 | £1,491 | £3,591 | 14.3% |
| Yr 3 | £6,656 | £76,491 | £4,347 | £4,819 | £11,309 | 45.1% |
| Yr 5 | £6,993 | £81,149 | £4,590 | £8,625 | £19,774 | 78.8% |
| Yr 10 | £7,912 | £94,074 | £5,251 | £20,401 | £44,475 | 177.2% |
| Yr 15 | £8,951 | £109,058 | £6,000 | £35,741 | £74,799 | 298.0% |
| Yr 20 | £10,127 | £126,428 | £6,847 | £55,114 | £111,542 | 444.4% |
| Yr 25 | £11,458 | £146,564 | £7,805 | £79,050 | £155,615 | 620.0% |
| Yr 30 | £12,964 | £169,908 | £8,889 | £108,149 | £208,057 | 828.9% |
ROI on Total Cash Invested (deposit + SDLT + acquisition costs). Assumes IO mortgage, no tax, no refinancing. Actual returns will vary.
Planning Applications Nearby (within 0.5 miles)
5 planning applications found within 0.5 miles — 🔒 sign in for references, descriptions and status
View all planning applications on your dashboard →
● Approved ● Pending ● Refused
🌎 Area Profile — North West England ⓘ What are deciles?
📊 Investment Skill Analysis
Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £449 | 7.7% | 4.4% | £-30 | -7.4% |
| Conservative | £491 | 8.4% | 5.3% | £66 | 2.8% |
| Base | £528 | 9.1% | 5.9% | £124 | 7.0% |
| Optimistic | £570 | 9.8% | 6.6% | £188 | 11.9% |
| Bull | £623 | 10.7% | 7.5% | £261 | 18.1% |
⚠ Condition Flags
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●9.05% |
| Net Yield | ●5.88% |
| Net Annual Income | £4,117 |
| Deductions: void 8% (−£507) · mgmt 10% (−£634) · maint 10% (−£634) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £218 |
| Monthly Cashflow (IO) | ●£125 |
| Cash-on-Cash Return | ●5.94% |
| 5-Year IRR | ●7.0% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £3,500 |
| SDLT Effective Rate | 5.0% |
| SDLT (Company) | £3,500 |
| Section 24 Extra Tax/yr (higher rate) | £525 |
| SPV Annual Saving | £1,130 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £81,149 |
| Less: Purchase Price | −£70,000 |
| Less: Buying Costs (SDLT + legal) | −£6,100 |
| Less: Selling Costs (est. 2.5%) | −£2,029 |
| = CGT Net Gain (5yr) | £3,020 |
| CGT at 24% | £5 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £449 | 7.7% | 4.4% | £-30 | -7.4% |
| Conservative | £491 | 8.4% | 5.3% | £66 | 2.8% |
| Base | £528 | 9.1% | 5.9% | £124 | 7.0% |
| Optimistic | £570 | 9.8% | 6.6% | £188 | 11.9% |
| Bull | £623 | 10.7% | 7.5% | £261 | 18.1% |
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