BRRR / Flip - Wigan
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.
Investment calculators
Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.