# 4 bedroom town house for sale (WN2 5YW) ## Property Details | Key | Value | |-----|-------| | Address | 7 GRIMSHAW PARK, WIGAN, ABRAM, GREATER MANCHESTER WN2 5YW | | Price | £195,000 | | Bedrooms | 4 | | Bathrooms | 1 | | Council tax | C | | Last sold | £190,000 May 2024 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** A - **Expiry date:** 04/07/2033 - **Current heating cost:** £625/year - **Est. upgrade cost to C:** £9,500 ### Recommendations - N (£4,000 - £6,000) - U (£3,500 - £5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0951-0016-5293-8897-9200) ## Description The Property ***NOT OVERLOOKED TO REAR***THREE/FOUR BEDROOMS*** This is a fabulous opportunity to purchase a modern three storey town house, affording 3 or 4 bedrooms with quality décor & fixtures throughout. The property is positioned down a private cul-de-sac and offers playing field views to the rear aspect. The location offers commuter links to Wigan, Golborne & Leigh, access to good local schools, and canal side walks close by. The modern accommodation offers approximately 1,122 Sq. Ft of well laid out living space, which comprises of the entrance hall, integral garage, utility room, cloakroom w/c, and bedroom 4 / office to the ground floor. Up on the first floor you will find the living room which features Juliet Balcony French Doors looking out over the rear aspect, and the stunning fitted kitchen affording integrated appliances - including oven / hob / wine cooler / fridge freezer & microwave. Up on the second floor are the master bedroom, tow further bedrooms, and the family bathroom suite. Externally you find a two car driveway and artificial lawn to the front aspect, whilst the rear garden features laid to lawn and is not overlooked. To book a viewing 24/7 just click on the brochure link or call Purplebricks. **Property ownership information** Ground rent review period: No review period Service charge review period: No review period Lease end date: 01/01/3015 Disclaimer for virtual viewingsSome or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided. ## Property Photos - ![Photo](/listings/photos/137098820/339228) - ![Photo](/listings/photos/137098820/339231) - ![Photo](/listings/photos/137098820/339236) - ![Photo](/listings/photos/137098820/339241) - ![Photo](/listings/photos/137098820/339246) - ![Photo](/listings/photos/137098820/339252) - ![Photo](/listings/photos/137098820/339255) - ![Photo](/listings/photos/137098820/339260) - ![Photo](/listings/photos/137098820/339263) - ![Photo](/listings/photos/137098820/339268) - ![Photo](/listings/photos/137098820/339273) - ![Photo](/listings/photos/137098820/339277) - ![Photo](/listings/photos/137098820/339281) - ![Photo](/listings/photos/137098820/339287) - ![Photo](/listings/photos/137098820/339290) ## Floorplans - ![Floorplan 1](/listings/photos/137098820/339291) - Floorplan 1 ## EPC Graphs - ![epc](/listings/photos/137098820/339295) - epc ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 7 GRIMSHAW PARK, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5YW | £190,000 | 03/05/2024 | Terraced | | 7 GRIMSHAW PARK, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5YW | £140,000 | 29/09/2016 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 241 WARRINGTON ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5RQ | £120,000 | 01/02/2025 | Terraced | | 239 WARRINGTON ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5RQ | £132,914 | 18/12/2023 | Terraced | | 440 WARRINGTON ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5XX | £85,000 | 08/11/2023 | Terraced | | 481 WARRINGTON ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5XY | £110,000 | 27/10/2023 | Terraced | | 384 WARRINGTON ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5XA | £100,500 | 18/08/2023 | Terraced | | 499 WARRINGTON ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5XY | £88,000 | 02/05/2023 | Terraced | | 441 WARRINGTON ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5XB | £110,000 | 16/12/2022 | Terraced | | 11 EGERTON STREET, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5RW | £125,000 | 30/11/2022 | Terraced | | 33 PARKFIELDS, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5XR | £195,000 | 31/10/2022 | Terraced | | 400 WARRINGTON ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5XX | £110,000 | 28/10/2022 | Terraced | | 342 WARRINGTON ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5XA | £130,000 | 23/09/2022 | Terraced | | 416 WARRINGTON ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5XX | £52,000 | 16/09/2022 | Terraced | | 233 WARRINGTON ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5RQ | £102,000 | 19/08/2022 | Terraced | | 401 WARRINGTON ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5XB | £92,000 | 29/07/2022 | Terraced | | 306 WARRINGTON ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5XA | £86,000 | 11/07/2022 | Terraced | | 398 WARRINGTON ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5XX | £105,000 | 23/05/2022 | Terraced | | 17 KINGSDOWN ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5RN | £120,000 | 29/04/2022 | Terraced | | 351 WARRINGTON ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5RJ | £82,000 | 20/04/2022 | Terraced | | 51 THORNVALE, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5YF | £100,000 | 13/04/2022 | Terraced | | 485 WARRINGTON ROAD, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5XY | £109,000 | 04/03/2022 | Terraced | | [Same street] 2 GRIMSHAW PARK, ABRAM, WIGAN, GREATER MANCHESTER, WN2 5YW | £165,000 | 29/10/2021 | Terraced | **Street average:** £165,000 (1 sale) **Area average:** £107,721 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £139,582 (72 Terraced, WN2, 2024–2026) - **Deviation:** +39.7% ## Rental Range *ONS Price Index of Private Rents (Wigan). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £663/mo - **Realistic:** £737/mo - **Optimistic:** £811/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Wigan (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £773/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 4 Bed Terraced House, Warrington Road, WN2 | £950/mo | 4 | 0.06 miles | OpenRent | | 4 Bed Terraced House, Lily Lane, WN2 | £900/mo | 4 | 0.73 miles | OpenRent | **Average rent: £925/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.47% (weak for cashflow) - **Max investor price (0.8%):** £115,625 - **Target investor price (1%):** £92,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £925/mo).* - **Gross yield:** 5.7% - **Cost-to-rent:** 17.6× - **Monthly cashflow:** £40/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 0.8% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Price per Square Metre - **£/m²:** £2,010/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 30.2% - **10y growth:** 86.2% ## House Price Index (HM Land Registry) *Official index for Wigan; Terraced series; as of March 2026.* - **1y growth (index):** -0.6% - **5y growth (index):** 28.9% - **10y growth (index):** 69.8% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)