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Pagefield Street, Wigan

Yorkshire

£130,000
Listed on 03/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
819 sqft

Description

Nestled in the Springfield area of Wigan, this three-bedroom terraced home provides a substantial opportunity for both first-time buyers and investors looking for a potential rental property. With proximity to Mesnes Park, the town centre, and excellent transport links to Liverpool and Manchester, the location strikes a balance between urban amenities and accessible green spaces. The property features double glazing and central heating throughout. Entering through the uPVC front door, you'll find a straightforward hallway leading through to the ground floor, which has stairs ascending to the upper level. The front of the home showcases an open plan lounge diner that benefits from dual aspects, allowing ample natural light to brighten the space. This versatile room can accommodate various layouts or remain as an inviting area for family gatherings. Beyond this lies a kitchen equipped with traditional wall and base units along with a single drainer sink; it also provides access to a small yet functional yard — an ideal link between indoor comfort and outdoor relaxation. On the first floor, the landing connects three well-proportioned bedrooms alongside a spacious wet-room style bathroom. The main bedroom features fitted wardrobes. There is considerable potential to transform the wet-room into a conventional family bathroom suite that meets modern standards while benefiting from natural light through its double-glazed window. Externally, there’s a low-maintenance paved yard that serves as a practical outdoor space for leisure or morning coffee breaks. Overall, this home is thoughtfully arranged with various avenues for enhancement. While it is livable immediately, it offers clear renovation possibilities that can personalize the space according to individual preferences. Having no onward chain makes it an appealing investment opportunity in Wigan.

Investment Analysis

(WN6 area)

Below Market Value

This property is priced -31.9% below area average per sq ft

-31.9%
Potential saving
This Property
£159/sq ft
Area Average
£233/sq ft
Avg Rent (weekly)
£205
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£210,045
10% above area average per sq ft
Potential ROI
+35.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (WN6)

Area prices are falling by +3.6% over the last 12 months
3 year growth: -0.7%
5 year growth: 8.5%
Investment Disclaimer: Analysis based on WN6 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

Pagefield Street, Wigan
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£476
Based on a loan of £97,500 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