Railway Road, Leigh, WN7 4AD
HU

Railway Road, Leigh, WN7 4AD

By Hunters

£ 165,000

Reviews

2 out of 5 stars

Hunters says ..

INVESTMENT OPPORTUNITY - HUNTERS are pleased to market for sale a unit comprising of a shop with storage space and four self contained flats situated in town centre location and with a potential rental income of £21,600 per year. The property briefly comprises of ground floor shop previously used...

Property Oracle says ..

This property on Railway Road, Leigh, is presented as a block of apartments, comprising a shop with storage and four self-contained flats. The listing highlights its potential as an investment opportunity, suggesting a possible rental income of £21,600 per year. However, the provided photographs indicate a property in considerable need of renovation. The interiors are largely unfinished and require substantial work. There is no garden or additional land. The location is convenient in terms of its proximity to schools, the town centre and railway stations, but the lack of information on local amenities restricts the assessment of the overall convenience of the location. Determining the value requires a thorough assessment of the potential rental income and a comparison with similar investment properties in Leigh, accounting for the significant costs of renovation. The current listing price may be high considering the considerable refurbishment needed but potentially justified if the rental income projections prove realistic.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
4
Bathrooms
4
Sqft (est)
800.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
158,694.00 £
Increased by 2.03 %
from 155,532.00 £
Est sale value
182,400.00 £
Increased by 70.15 %
from 107,200.00 £
Average area rental value
976.00 £/mo
Increased by 24.81 %
from 782.00 £/mo
Est letting value
800.00 £/mo
from 0.00 £/mo
Est rental Yield
7.38 %
Increased by 22.39 %
from 6.03 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Hunters created the listing.

Nearby Schools

NameTypeOfstedDistance
Leigh Cofe Primary SchoolAcademy Sponsor Led0.30 KM
Leigh St Mary'S Cofe Primary SchoolVoluntary Aided SchoolGood0.32 KM
Christ Church Cofe Primary School, PenningtonVoluntary Aided SchoolGood0.39 KM
Leigh Central Primary SchoolCommunity SchoolGood0.39 KM
Leigh Central Sure Start Children'S CentreChildren's Centre Linked Site0.39 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Market Street £ 395,00000.00 KM
Spinning Jenny Way £ 155,00000.00 KM
Cook Street £ 000.00 KM
Market Place £ 000.00 KM
Ellesmere Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Daisy Hill2777DSY4.80 KM
Hag Fold2585HGF4.97 KM
Atherton2584ATN5.76 KM
Westhoughton2619WHG6.60 KM
Hindley2398HIN8.02 KM

Nearby Listings

AddressPriceTypeScoreDistance
Marina Walk, Leigh £ 155,000BUY5 / 100.17 KM
Railway Road, Leigh, WN7 £ 120,000BUYUnknown0.17 KM
Cook Street, Leigh, WN7 £ 125,000BUYUnknown0.17 KM
Railway Road, Leigh, WN7 £ 110,000BUY5 / 100.18 KM
The Old Library, Railway Road, WN7 £ 145,000BUY6 / 100.18 KM

Nearby Properties

AddressPriceDistance
23 Railway Road £ 54,9990.15 KM
17 Railway Road £ 125,0000.15 KM
39 Railway Road £ 46,5000.15 KM
36 Cook Street £ 90,0000.16 KM
26 Cook Street £ 53,0000.16 KM