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Soughers Lane, Ashton-In-Makerfield, WN4

Yorkshire

£375,000
Listed on 06/09/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This property presents a unique opportunity for those looking to invest or create a personalized living space. Situated on a substantial 0.4-acre lot, the existing two-bedroom bungalow is ripe for complete renovation, offering the chance to transform it into a modern residence tailored to your tastes. The home is positioned to take advantage of stunning views over open fields, providing both tranquility and an attractive backdrop. In addition to its renovation potential, the property comes with outline planning permission for the demolition of the current structure and the construction of four new detached homes. This versatility makes it appealing not only for individual homeowners but also for developers seeking to capitalize on the local housing market. The approved plans allow for thoughtfully designed residences on generous plots, which can be further explored through Wigan Council’s planning reference A/22/94323/OUT. The location itself offers various benefits, including proximity to essential amenities and established transport links. Whether you’re looking to undertake a personal renovation project or pursue a development venture, this property holds significant potential in an area that is increasingly sought after.

Investment Analysis

(WN4 area)
Area Average
£218/sq ft
Avg Rent (weekly)
£183
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (WN4)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 8.0%
5 year growth: 28.0%
Investment Disclaimer: Analysis based on WN4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Soughers Lane, Ashton-In-Makerfield, WN4
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE