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Ormskirk Road, Wigan, WN5

Yorkshire

£120,000
Listed on 07/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
1055 sqft

Description

This two-bedroom mid-terrace home, located along Ormskirk Road in Wigan, presents a compelling opportunity for renovation enthusiasts and savvy investors. With no onward chain, the property offers a blank canvas for modernisation that could significantly enhance its value. The entrance greets you with a paved front garden bordered by a low wall, leading into an inviting hallway. At the front of the house, the dining room provides ample space for entertaining, while the rear lounge offers a cozy retreat. The kitchen connects to a lean-to/sunroom, adding potential for additional living or workspace. Outdoors, a spacious rear yard features paved areas and practical storage solutions, making it low-maintenance yet functional. On the first floor, there are two sizable double bedrooms alongside a family bathroom equipped with both bath and shower facilities. This property is ideal for those looking to undertake a revitalising project in a conveniently located area of Wigan.

Investment Analysis

(WN5 area)

Below Market Value

This property is priced -44.0% below area average per sq ft

-44.0%
Potential saving
This Property
£114/sq ft
Area Average
£203/sq ft
Avg Rent (weekly)
£193
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£235,872
10% above area average per sq ft
Potential ROI
+62.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (WN5)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +12.0%
5 year growth: +23.7%
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

Ormskirk Road, Wigan, WN5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£428
Based on a loan of £90,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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