Gordon Street, Leigh, WN7

This two-bedroom terraced house on Gordon Street offers a compelling entry point for investors, especially with its asking price of £80,000, which stands at £98/sqf — significantly lower than the local average of £209/sqf. This price point presents an exceptional opportunity for those looking to acquire a property in need of refurbishment and potentially flip it or enhance their rental portfolio.

However, be prepared for a heavy project scale as the interior shows visible damage and neglect throughout. The living areas, bedrooms, kitchen, and bathroom all require extensive work, with peeling walls and significant damage noted in key spaces. All-in costs, including the purchase price and renovation budget of £100,000, may feel tight against local benchmarks, as the implied current local average value is approximately £171,207, leaving a slim margin for profit. Despite this, the property’s good location and potential for value creation remain strong selling points.