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Cheetham Grove, Wigan, WN3

Yorkshire

£130,000
Listed on 16/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
893 sqft

Description

This three-bedroom terraced home presents a unique opportunity for those looking to invest or undertake a renovation project. Located in a desirable area, the property features a gated front yard that adds to its curb appeal. The ground floor boasts an expansive lounge area, complemented by a large kitchen/diner that is ideal for reconfiguration or modern updates. A convenient storage room enhances practicality and could be transformed into additional living space. At the rear, you'll find a sizable garden with both patio and lawn sections, perfect for outdoor activities or potential landscaping projects. Private parking is also available at the back, adding to the convenience of the property. Upstairs, the layout includes three generously-sized bedrooms along with a family bathroom and a separate W/C. While some modernization is necessary, this home offers ample space and flexibility to create a tailored living environment or to enhance its appeal as an investment property. With the right vision and effort, this residence can be transformed into either a comfortable family home or a lucrative rental opportunity.

Investment Analysis

(WN3 area)

Below Market Value

This property is priced -30.8% below area average per sq ft

-30.8%
Potential saving
This Property
£146/sq ft
Area Average
£210/sq ft
Avg Rent (weekly)
£216
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£206,529
10% above area average per sq ft
Potential ROI
+21.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (WN3)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 8.6%
5 year growth: 38.7%
Investment Disclaimer: Analysis based on WN3 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

Cheetham Grove, Wigan, WN3
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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