Income-producing terrace with immediate cashflow and refurbishment upside.
Freehold two-bedroom end-terrace, c. 904 sq ft
Long-term tenant in situ; consistent rental payments
Current gross income £8,040; market rent potential £9,360
Period property with Victorian brick elevations and character features
Evidence of roof repairs and structural wear — remedial budget likely
Small plot with limited garden; on-street parking available
Located in a deprived ward — strong rental demand, limited capital growth
Buyers Premium applies; see Let Property Pack for tenancy information
A compact two-bedroom end-terrace offered as a buy-to-let opportunity in Wigan, currently producing a gross annual income of £8,040 with potential to increase to c. £9,360 at market rent. The property is freehold, well maintained by the present occupiers and benefits from long-term tenants who intend to remain, offering immediate rental income for an investor.
The house is a period Victorian terrace with traditional brick elevations and a practical layout: lounge, kitchen, bathroom and two first-floor bedrooms across c. 904 sq ft. A parking space is available nearby and on-street parking serves the road. Broadband and mobile signal are strong and local schools and amenities are within easy reach.
Buyers should note material issues and local context: external images indicate roof repairs and signs of structural wear that may require budget for remedial works. The property sits in a deprived ward which supports rental demand but may affect long-term capital growth. A Buyers Premium will apply on completion; purchasers should review the Let Property Pack for full tenancy and income details before committing.
This is best suited to investors or developers seeking an income-producing addition to a portfolio, or a refurbishment project with uplift potential. The existing tenancy provides cashflow from day one, while modest capital works could increase rent and future value.
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