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

Smethurst Lane, Wigan WN5

Yorkshire

£160,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
991 sqft

Description

This semi-detached home features three bedrooms and presents a significant opportunity for renovation, making it an attractive prospect for those looking to invest or customize their living space. Nestled in a sought-after residential neighborhood, the property includes a garage and a large paved driveway that accommodates parking for up to three vehicles, enhancing convenience. Upon entering, you are greeted by a functional entrance porch that leads into a spacious lounge. The layout continues with a separate kitchen adjacent to the dining room, which boasts double doors that open to a low-maintenance paved garden. This outdoor area provides an ideal setting for leisure activities and gatherings. The upper level comprises three generously sized bedrooms, each equipped with built-in wardrobes that ensure ample storage space. A shower room completes the first floor, catering to both family needs and guests. While the interior requires comprehensive modernization, this property holds exceptional potential for transformation into a comfortable family home or an investment opportunity with scope for value enhancement. The combination of spacious rooms and practical layout offers numerous possibilities for creative updates. Additionally, the property's location is advantageous, with easy access to local amenities, reputable schools, and transport links. This makes it not only a viable renovation project but also an appealing choice within an established community.

Investment Analysis

(WN5 area)

Below Market Value

This property is priced -17.3% below area average per sq ft

-17.3%
Potential saving
This Property
£161/sq ft
Area Average
£195/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.7%

Renovation Potential

Est. Renovation Cost
£16,000 - £40,000
10-25% of property value
Target Value
£212,842
10% above area average per sq ft
Potential ROI
+6.4%
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

Smethurst Lane, Wigan WN5
Map showing location of Smethurst Lane, Wigan WN5
Open Map