2 Bed Terrace House
Greater Manchester, Wigan
£120,000 Guide Price
Property Features
- Almost Brand New
- Ready To Rent
- Fully Refurbished
- NEW Flooring / Carpet
- NEW Kitchen & Bathroom
- Quiet Street
- Total Area 829 sq. ft.
- Low Maintenance Landscaped Rear Garden, Fully Fenced with External Lighting
- EPC Rating C
- Town Centre Locale, Shops, Nearest Train Station & School 5 Min. Drive
- Nearest Supermarket 4 Min. Drive
- Hospital 8 Min. Drive
- Estimated Market Rent £700 pcm
- Gross Yield 7%
Summary
Wigan is a large town in Greater Manchester and encompasses the two main towns of Wigan and Leigh. The town is midway between the two cities of Manchester, 16 miles to the south-east, and Liverpool, 17 miles to the south-west.Details
EMPLOYMENT & INVESTMENT
With a population of 318,000, Wigan is home to several large employers such as Heinz, Waterfields, AB World Foods, Hitchens/Bakkavor and Arrow XL and has around 12,000 locally based businesses in total.
Over £100m has been secured for further economic development and key projects include:
- Town Centre Strategic Regeneration
- Wigan Pier Quarter
- Symmetry Park
- HS2
TRANSPORT
Rail links offer direct services to London (2 hours) and Manchester and Liverpool (30 minutes). Travel times will be further reduced with the arrival of HS2.
It is also well located to both Manchester Airport (the UK’s busiest airport outside of London) and Liverpool’s John Lennon Airport. The regional motorway network offers easy access to the north, south, west and east.
HOUSE PRICE GROWTH
Average house prices have increased considerably in recent years. In the year Oct 2021 – Oct 2022, the average price of a terraced home increased by 14%. The average selling price from Oct 1995 – Oct 2022 increased 349%.
However Wigan is still very competitive with the average home selling for circa £200,000, compared with the national average of £295,000.