Walthew Lane, Platt Bridge, Wigan
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Tenanted investment — £750pcm currently achieved
- 8.6% gross rental yield
- No void period — income from day one of ownership
- Low entry price at £105,000
- Established, high-demand Wigan rental location
- Simple single-let asset — low-cost to manage and finance
Description
Offered for sale with a tenant already in situ, this two-bedroom mid-terrace property on Walthew Lane, Platt Bridge, presents a ready-made income opportunity for investors. Currently let at £750 per calendar month, the property generates a gross annual income of £9,000 against an asking price of £105,000 — a gross yield of 8.6%, well ahead of both regional and national buy-to-let averages.
With the tenancy already in place, there's no void period to fund, no marketing costs, and no delay before rental income begins — the yield starts working from the day contracts complete.
Platt Bridge is an established residential area of Wigan with strong, consistent rental demand and good transport links into Wigan town centre, Manchester and the wider North West, making it a popular and practical choice for local tenants.
At £105,000, this property offers a low entry point for buy-to-let purchasers, keeping deposit and stamp duty requirements accessible whether you're building a portfolio or taking your first step into property investment. As a standard two-bedroom, single-let terrace, it is also straightforward to manage, insure and finance compared with HMO or new-build alternatives.
EPC rating: D. Full tenancy details and further information are available on request. Viewings can be arranged for prospective investors.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Walthew Lane, Platt Bridge, Wigan
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Visit our security centre to find out moreDisclaimer - Property reference 136-walthew-lane . The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.