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Albert Street, Newtown, Wigan - Image 1
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Albert Street, Newtown, Wigan

Yorkshire

£70,000
Listed on 16/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
694 sqft

Description

This mid-terrace home, located in the sought-after area of Newtown, presents a significant renovation opportunity for buyers looking to invest. The property features an entrance vestibule leading into a lounge and dining room, as well as a compact kitchen equipped with a single drainer sink unit. On the first floor, there are two bedrooms and a shower room accessible from the landing. Outside, the house benefits from a front garden and a rear courtyard that includes a car port with double access gates for off-road parking. While it requires extensive refurbishment throughout, its proximity to local amenities such as shops, schools, and public transport routes to Wigan town centre enhances its investment appeal. This property is offered with no onward chain and is currently registered with possessory title at HM Land Registry. Therefore, it may be more suited to cash buyers or those utilizing specialist lenders. Viewings are encouraged for interested investors seeking a project that has potential.

Investment Analysis

(WN5 area)

Below Market Value

This property is priced -50.3% below area average per sq ft

-50.3%
Potential saving
This Property
£101/sq ft
Area Average
£203/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£155,085
10% above area average per sq ft
Potential ROI
+41.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
97%
Properties sold annually

Local Market Trend (WN5)

Area prices are rising by +2.1% over the last 12 months
3 year growth: +11.2%
5 year growth: +30.4%
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.

Location

Albert Street, Newtown, Wigan
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£252
Based on a loan of £52,500 over 30 years at 4.06% 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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