Wigan Road, Ormskirk
TH

Wigan Road, Ormskirk

By Thomas Samuel

£ 450,000

Reviews

2 out of 5 stars

Thomas Samuel says ..

**INVESTMENT OPPORTUNITY** Thomas Samuel Estate Agents are excited to bring to the market for sale, with NO CHAIN, this incredible investment opportunity currently let to eight students across two properties. With tenants also signed up for the academic year 2024/2025 this generates a joint gros...

Property Oracle says ..

This property, located on Wigan Road in Ormskirk, Lancashire, is presented as an investment opportunity, specifically for student lets. The listing shows an eight-bedroom property, likely divided into multiple units. The images reveal a property that is functional and habitable. The bathrooms appear to be recently renovated, showing modern fixtures and finishes. Other parts of the property, such as bedrooms, appear simply furnished with basic furniture and fittings. The exterior is a typical terraced house style, with no notable features. The location on Wigan Road provides close proximity to Ormskirk train station, several schools with good Ofsted ratings, and the town centre amenities. The absence of detailed plot size or garden information is notable. The price of £450,000 for the property needs careful evaluation in relation to other similar investment opportunities in the local market for student accommodation. The property’s investment potential will depend heavily on the consistent ability to secure student tenants and the management of rental income, alongside potential maintenance costs. This eight-bedroom property is an investment opportunity for students, requiring careful assessment of the rental market and potential returns.

Therefore, we give this property 5 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

Price
7
Condition
6
Location
7
Land
1
Bedrooms
8
Bathrooms
2
Sqft (est)
1,052.39

Metrics

Area value Growth
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • Thomas Samuel created the listing.

Nearby Schools

NameTypeOfstedDistance
The Acorns SchoolPupil Referral UnitGood0.55 KM
Ormskirk Church Of England Primary SchoolVoluntary Controlled SchoolGood0.66 KM
Turning Point AcademyOther Independent SchoolGood0.66 KM
Moorgate Nursery School & Children'S CentreChildren's Centre0.80 KM
Moorgate Nursery SchoolLocal Authority Nursery SchoolOutstanding0.80 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Abbotsford £ 125,00000.00 KM
Chapel Mews £ 66,50000.00 KM
Market Cross £ 000.00 KM
Church Street £ 000.00 KM
Railway Path £ 220,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Ormskirk2281OMS0.31 KM
Aughton Park2215AUG2.15 KM
Town Green2283TWN3.76 KM
New Lane2358NLN5.20 KM
Burscough Junction2280BCJ5.57 KM

Nearby Listings

AddressPriceScoreDistance
Wigan Road, Ormskirk £ 450,0005 / 100.00 KM
Wigan Road, Ormskirk £ 300,000Unknown0.04 KM
Wigan Road, Ormskirk £ 300,000Unknown0.04 KM
Stanley Street, Ormskirk £ 185,0006 / 100.13 KM
Grammar School Court, Ormskirk £ 225,0005 / 100.13 KM

Nearby Properties

AddressPriceDistance
22 Wigan Road £ 125,0000.04 KM
50 Wigan Road £ 164,0000.04 KM
12 Wigan Road £ 182,0000.04 KM
48 Wigan Road £ 137,0000.04 KM
16 Wigan Road £ 180,0000.04 KM