This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
1/8
£95,000
2 bedroom Flat for sale, Lonsdale Walk, Orrell, Greater Manchester, WN5
Features and Description
- Spacious Two Bedroom Flat
- First Floor with Stair Access
- Separate Kitchen
- On Street Parking
- Close to Local Amenities and Bus Routes
The property is accessed via an external door at ground floor level, with stairs leading to the first-floor accommodation.
The entrance hall provides access to the main rooms, including a generous double bedroom and a further single bedroom. The lounge is a particularly spacious and bright room, providing a comfortable main reception space and leading through to the separate kitchen.
The kitchen offers a practical layout with an electric oven and hob, together with a good amount of storage and workspace.
The family bathroom is fitted with a bath and electric shower over, along with the usual wash hand basin and WC.
The property offers an attractive proposition for an investor, with a potential rental income of approximately £750pcm. Based on a purchase price of £95,000, this would provide an annual rental income of £9,000 and a gross rental yield of approximately 9.5%, before allowing for any costs associated with ownership, maintenance, management or finance.
Orrell is a popular and well-established area, offering a good selection of local amenities and a strong community feel. The village centre is home to a range of independent shops, convenience stores, cafés, restaurants and bars. Popular local places to eat and socialise include Posthouse, The Old Bank Coffee & Wine Bar and One Ten Rotisserie and Deli, with further cafés and independent businesses throughout the village.
The property is also ideally positioned for commuters. Orrell railway station provides rail connections towards Wigan and Manchester, while local bus services connect Orrell with Wigan, St Helens and surrounding areas. The M6 and M58 motorway networks are also readily accessible, providing convenient road links across the wider North West. Recent property listings in the immediate Lonsdale Walk area also highlight the location's proximity to local amenities and these major motorway links.
Wigan town centre is also within easy reach, offering an extensive range of shops, restaurants, bars and leisure facilities, together with Wigan North Western and Wigan Wallgate railway stations for wider rail connections.
Combining its two-bedroom accommodation, spacious lounge, separate kitchen and excellent Orrell location, Lonsdale Walk represents an attractive opportunity for a first-time buyer or investor. With potential rental income of approximately £750pcm, the property also offers an appealing investment proposition.
Early viewing is highly recommended.
Lounge
11'1" x 14'3" (3.38m x 4.34m)
Kitchen
2.67 x 2.47
Bedroom 1
3.08 x 3.68
Bedroom 2
2.99 x 2.60
Bathroom
1.89 x 1.89
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Lonsdale Walk, Orrell, Greater Manchester, WN5
Additional Information
-
Property refPEM260413
-
EPCC
-
TenureLeasehold
-
Lease length946 years
-
Council TaxA
-
Ground Rent£20
-
Ground Rent ReviewContact the branch
-
Service ChargeContact the branch
Do you have a property you need to sell?
Reeds Rains Estate Agents Wigan
Reeds Rains Wigan
798 Ormskirk Road, Pemberton, Wigan, WN5 8AX
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
Mortgage Calculator
Monthly payment
£
Borrowing £85,500 and repaying over 25 years with a 2.5% interest rate.
Now you know what you could be paying, book an appointment with our partners Embrace Financial Services to find the right mortgage for you.
Stamp duty calculator
Similar properties for sale by Reeds Rains Wigan
Nearby locations
Photos
Floorplan
Map view
Street view
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
79Potential
79CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs