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Ormskirk Road, Wigan WN5 - Image 1
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Ormskirk Road, Wigan WN5

Yorkshire

£130,000
Listed on 07/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
840 sqft

Description

This two-bedroom terraced house situated on Ormskirk Road presents a valuable opportunity for those looking to invest in an area with strong growth potential. The property boasts a welcoming entrance porch that leads into a comfortable lounge featuring an electric fireplace, alongside a spacious dining room ideal for gatherings. The kitchen, while functional and well-maintained, offers scope for updating to suit modern tastes. Upstairs, you will find two generously sized bedrooms—a king-size and a double—providing ample space for families or professionals. The family bathroom completes this level, while the rear garden, which requires minimal upkeep, offers a private retreat away from the bustle of everyday life. On-street parking is also available at the front of the house. Located in the desirable Pemberton area of Wigan, you're just moments from local amenities—shops, bars, and restaurants—along with easy access to Pemberton Train Station and excellent bus services. This residence, while well-loved over the years, is an ideal canvas for renovations that could significantly enhance its value and appeal. With no onward chain, it's a prime candidate for first-time buyers or investors looking to maximize their return through thoughtful improvements.

Investment Analysis

(WN5 area)

Below Market Value

This property is priced -22.1% below area average per sq ft

-22.1%
Potential saving
This Property
£155/sq ft
Area Average
£199/sq ft
Avg Rent (weekly)
£192
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£183,599
10% above area average per sq ft
Potential ROI
+18.5%
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
27%
Properties sold annually

Local Market Trend (WN5)

Area prices are rising by +5.6% over the last 12 months
3 year growth: 11.8%
5 year growth: 35.8%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£476
Based on a loan of £97,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE