Summary -
B5,Monument Mansions,Wigan Lane,WIGAN,WN1 2LE
WN1 2LE
2 bed 1 bath Flat
Compact investment with long lease and easy access to town amenities.
Two-bedroom second-floor flat, approximately 431 sq ft
Private balcony and off-street permit parking available
Long lease: 949 years remaining (leasehold)
Low annual service charge: £739.40
EPC rated D — energy improvements likely needed
Offered chain-free but for cash buyers only
Located within walking distance of Wigan town centre and hospital
Area classified as deprived — steady rental demand, limited capital uplift potential
A compact two-bedroom second-floor apartment offering straightforward, low-maintenance accommodation in central Wigan. At about 431 sq ft, the layout suits buy-to-let investors or buyers seeking a city-base close to shops, transport and the Royal Albert Edward Infirmary. The property is offered chain-free and with a very long lease (949 years).
The flat includes a private balcony, off-street permit parking and a modest annual service charge (£739.40). These factors, together with very low local crime and fast broadband/mobile coverage, support rental demand in this part of town. Council tax is very cheap, which helps running costs for tenants.
Notable negatives are the small overall size and an EPC rating of D, meaning energy efficiency upgrades may be needed to improve running costs and appeal. The sale is for cash buyers only, so mortgage-dependent purchasers cannot proceed. The surrounding area is classified as deprived, which may affect long-term capital growth but can also support steady rental yields.
For investors this is a low-complexity purchase with refurbishment potential to raise value and rent. Viewings are recommended to assess recommended modernisation works and potential yield after energy improvements.
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