Summary - 40 Downall Green Road, Ashton-In-Makerfield, WN4 WN4 0DW
2 bed 2 bath Flat
Immediate rental income with conversion potential in a popular suburban location.
Two self-contained one-bed apartments with tenants until February 2026
This Victorian end-terrace currently operates as two self-contained one-bedroom apartments, each with tenants in situ until February 2026. Together they generate strong rental income (ground floor £475 pcm, first floor £450 pcm) producing an attractive yield above 6.5% for an investor seeking immediate cashflow.
The building offers clear flexibility: keep as two lettable units or convert back to a single two-bedroom home. On approach there is a front garden, private rear yard and off-street parking to the side — practical extras that support lettability and family use. The property sits in an affluent, low-crime area with several well-rated schools nearby.
Buyers should note material points honestly: the flat is leasehold, compact at about 527 sq ft, and has an EPC rating of D. Broadband speeds are slow locally, and the original solid-brick walls are likely uninsulated, so upgrading insulation and services could be needed depending on your plans. Double glazing was installed after 2002 and gas central heating is in place.
For investors the sitting tenants and immediate yield present a ready-made portfolio addition. For a homebuyer, converting to a single residence offers scope to modernise kitchens, bathrooms and insulation to create a comfortable, characterful house in a popular suburb.
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