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Ridyard Street, Wigan, WN5

Yorkshire

£130,000
Listed on 31/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
675 sqft

Description

This three-bedroom semi-detached home presents a valuable opportunity for those looking to invest or create a personalized living space. Situated in a sought-after residential neighborhood near Ormskirk Road, the property offers easy access to local amenities, including shops, Alexandra Park, and St Cuthbert’s Primary School, making it an ideal location for families and first-time buyers. The interior layout includes an entrance hall leading to a spacious lounge, a kitchen, and a family bathroom on the ground floor. Upstairs, you will find two generously sized double bedrooms along with a comfortable single bedroom. Each room provides ample space for renovation and personalization according to your vision. Externally, the property features a driveway capable of accommodating two vehicles alongside a sizable rear garden. This outdoor space is perfect for entertaining or family activities and has the potential for landscaping projects that can enhance its appeal. While the home requires modernisation throughout, this presents an excellent chance to implement updates that align with current trends or personal preferences. With thoughtful renovations, this property can easily transform into an inviting family haven or a profitable rental investment. Given its potential and prime location, early viewing is advisable to fully appreciate what this property has to offer.

Investment Analysis

(WN5 area)

Below Market Value

This property is priced -3.4% below area average per sq ft

-3.4%
Potential saving
This Property
£193/sq ft
Area Average
£199/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£148,092
10% above area average per sq ft
Potential ROI
-12.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (WN5)

Area prices are rising by +7.9% over the last 12 months
3 year growth: 13.1%
5 year growth: 36.1%
Investment Disclaimer: Analysis based on WN5 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.

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Location

Ridyard Street, Wigan, WN5
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