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Buy to let

BRRR / Flip - Wigan

WN7 2AA, Wigan
£90,000
76 sqm
Purchase price £90,000
Monthly income £900
ROCE 21%
Gross yield 7%

About this property

A 2-bedroom freehold house in Wigan, offering investors a flexible value-add opportunity that works as either a BRRR strategy or a potential flip exit.

The property has a generous 76 sqm internal footprint and clear scope for refurbishment to improve both rental appeal and resale value. With a projected £155,000 GDV, this is well suited to investors looking to add value, refinance, and retain as a rental asset.

For investors preferring a shorter-term exit, the numbers also support a flip strategy, with an estimated circa 40% ROCE depending on final refurbishment, resale, finance, and disposal costs.

Key Financials

▪ Purchase price: £90,000
▪ Current value: £99,000
▪ GDV: £155,000
▪ Refurb costs: £25,920
▪ Money left in after refinance: £21,943
▪ Monthly rent: £900
▪ Monthly profit: £390.63
▪ Annual profit: £4,687.50
▪ Yield: 7%
▪ BRRR ROCE: 21%
▪ Flip ROCE: Circa 40%

A flexible investor opportunity with both BRRR and flip potential, offering strong capital uplift and multiple exit routes.

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Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.

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