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Norley Hall Avenue, Wigan, Greater Manchester - Image 1
Norley Hall Avenue, Wigan, Greater Manchester - Image 2
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Norley Hall Avenue, Wigan, Greater Manchester

Yorkshire

£20,000Guide Price

Listed on 08/10/2026

The listing

Property details

Bedrooms
2
Type
Apartment

Description

This two-bedroom flat presents an appealing opportunity for investors looking for a refurbishment project with significant rental potential. Located on the first floor above commercial premises on Norley Hall Avenue in Wigan, the property requires complete renovation. This offers buyers the chance to modernize the living space and potentially increase both its rental appeal and capital value. Norley Hall is a well-established residential area situated to the south-west of Wigan, providing access to local shops, schools, and essential amenities. The town center is within reach, offering a broader range of retail, leisure, and employment options. Furthermore, the area benefits from good road links to the M6 and the wider North West region. The combination of a residential setting and easy access to Wigan's transport infrastructure supports ongoing demand for affordable rental properties. For investors, this property represents a chance to create a high-yielding rental investment post-refurbishment. The modest purchase price combined with the required renovations allows for potential value enhancement.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

41out of 100
Grade ELow opportunity

Confidence: LOW

This two-bedroom flat above commercial premises on Norley Hall Avenue presents a substantial refurbishment opportunity for investors looking to create value. While the property is in poor condition, with visible signs of neglect throughout, it offers a blank canvas for modernisation. The living area, bedrooms, kitchen, and bathroom all require complete overhauls, allowing a buyer to redefine the space and layout to enhance its rental appeal.

The location is a strong point, situated in a well-established residential area with good access to local amenities and transport links. This could translate into a high-yielding rental investment once the necessary renovations are completed, particularly given the modest guide price of £20,000, making it relatively affordable in this market. However, potential bidders should note that the eventual sale price may exceed the guide in a competitive auction environment.

Key opportunities

  • Significant scope for full refurbishment allows for complete redesign of the living space to suit modern tastes.
  • Potential to enhance rental appeal through the renovation of the kitchen and bathroom, transforming them into attractive features.
  • The established residential location supports strong demand for affordable rental accommodation.

Key risks

  • Stripped interiors and a £50,000–£100,000 works budget indicate a full-gut programme, not a refresh.
  • Visible signs of neglect throughout the flat may mask underlying issues that could require additional repairs.

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Map

Location

Norley Hall Avenue, Wigan, Greater Manchester
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£76
Based on a loan of £15,000 over 30 years at 4.45% 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.

Tax

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