Worst House on the Street Logo
Ridyard Street, Wigan WN5 - Image 1
Ridyard Street, Wigan WN5 - Image 2
Ridyard Street, Wigan WN5 - Image 3

Ridyard Street, Wigan WN5

Yorkshire

£130,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
675 sqft

Description

This semi-detached three-bedroom home presents a valuable opportunity for those looking to renovate and invest in a property with considerable potential. Nestled in a well-established residential area, the house is conveniently located near Ormskirk Road, providing easy access to local amenities such as shops, Alexandra Park, and St Cuthbert’s Primary School, making it ideal for families and first-time buyers alike. The layout consists of an entrance hall leading to a spacious lounge, a functional kitchen, and a family bathroom on the ground floor. Upstairs, you'll find two generously sized double bedrooms along with a cozy single bedroom. While the interior requires modernization, this allows prospective buyers the chance to reimagine the space according to their personal style and preferences. Outside, the property features a driveway offering off-road parking suitable for two vehicles alongside a sizable rear garden. This outdoor space provides ample opportunity for entertainment or family activities. Given its location and renovation potential, this home could become a comfortable dwelling or an attractive investment property. The prospect of updating and customizing the interior to meet current standards can significantly enhance its value over time. Early viewing is advisable for those interested in realizing its full potential.

Investment Analysis

(WN5 area)

Below Market Value

This property is priced -1.4% below area average per sq ft

-1.4%
Potential saving
This Property
£193/sq ft
Area Average
£195/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.7%

Renovation Potential

Est. Renovation Cost
£13,000 - £32,500
10-25% of property value
Target Value
£144,973
10% above area average per sq ft
Potential ROI
-10.8%
After renovation
Monthly Sales
27
Average per month
Market Turnover
67%
Properties sold annually

Local Market Trend (WN5)

Area prices are rising by +6.5% over the last 12 months
3 year growth: 12.5%
5 year growth: 36.9%
Investment Disclaimer: Analysis based on WN5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Ridyard Street, Wigan WN5
Map showing location of Ridyard Street, Wigan WN5
Open Map