🔒 Sign in to view the address — Wigan
Apartment · 2 bed
Supports major UK property portals
Suggested Offer Range
Asking price is 16% above the area median. Offers anchored to area median of £120,000. Note: listed as "Offers Over" — vendor expects full asking price or above.
🔨 Refurb Cost Estimate
Estimated (no AI photo score yet) · North West rates
| Room | Estimated Refurb Cost |
|---|---|
| Kitchen | £3,450 |
| Bathroom | £2,500 |
| Living Room | £1,500 |
| Master Bedroom | £1,750 |
| Bedroom 2 | £1,750 |
| 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
- £140,000
- Property Type
- Apartment
- Bedrooms
- 2
- Bathrooms
- N/A
- Est. Floor Area
- 600–700 sqft (est.)
- 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 | £8,176 | £144,200 | £5,442 | £192 | £4,392 | 9.5% |
| Yr 3 | £8,590 | £152,982 | £5,740 | £1,020 | £14,002 | 30.2% |
| Yr 5 | £9,025 | £162,298 | £6,053 | £2,468 | £24,766 | 53.4% |
| Yr 10 | £10,211 | £188,148 | £6,907 | £9,001 | £57,149 | 123.2% |
| Yr 15 | £11,552 | £218,115 | £7,873 | £20,135 | £98,251 | 211.7% |
| Yr 20 | £13,071 | £252,856 | £8,966 | £36,474 | £149,330 | 321.8% |
| Yr 25 | £14,788 | £293,129 | £10,202 | £58,702 | £211,831 | 456.5% |
| Yr 30 | £16,731 | £339,817 | £11,602 | £87,593 | £287,410 | 619.4% |
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 | £579 | 5.0% | 2.9% | £-230 | -13.2% |
| Conservative | £633 | 5.4% | 3.5% | £-75 | -1.8% |
| Base | £681 | 5.8% | 3.9% | £16 | 3.0% |
| Optimistic | £735 | 6.3% | 4.3% | £113 | 8.4% |
| Bull | £804 | 6.9% | 4.9% | £224 | 15.2% |
Detailed Analysis
💸 Yield & Returns
| Gross Yield | ●5.84% |
| Net Yield | ●3.89% |
| Net Annual Income | £5,439 |
| Deductions: void 8% (−£654) · mgmt 10% (−£818) · maint 10% (−£818) · fixed costs ins.+gas+EPC (−£445) | |
| Monthly IO Mortgage | £437 |
| Monthly Cashflow (IO) | ●£16 |
| Cash-on-Cash Return | ●0.41% |
| 5-Year IRR | ●3.0% |
● Above benchmark ● Near benchmark ● Below benchmark
💰 Tax Analysis
| SDLT (Additional Property) | £7,300 |
| SDLT Effective Rate | 5.21% |
| SDLT (Company) | £7,300 |
| Section 24 Extra Tax/yr (higher rate) | £1,050 |
| SPV Annual Saving | £1,518 |
| SPV Breakeven | — yrs |
| CGT Projected Sale (5yr) | £162,298 |
| Less: Purchase Price | −£140,000 |
| Less: Buying Costs (SDLT + legal) | −£9,900 |
| Less: Selling Costs (est. 2.5%) | −£4,057 |
| = CGT Net Gain (5yr) | £8,341 |
| CGT at 24% | £1,282 |
📈 Scenario Analysis
| Scenario | Monthly Rent | Gross Yield | Net Yield | Cashflow/mo | IRR 5yr |
|---|---|---|---|---|---|
| Bear | £579 | 5.0% | 2.9% | £-230 | -13.2% |
| Conservative | £633 | 5.4% | 3.5% | £-75 | -1.8% |
| Base | £681 | 5.8% | 3.9% | £16 | 3.0% |
| Optimistic | £735 | 6.3% | 4.3% | £113 | 8.4% |
| Bull | £804 | 6.9% | 4.9% | £224 | 15.2% |
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