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Investment Properties for Sale Wigan

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Vantage Point Living Room

Wigan is fast becoming a property investor’s dream, thanks to the affordable prices in the town and its proximity to Manchester, one of the UK’s largest cities. If you’re thinking of finding an investment property for sale in Wigan, you’re not alone.

Wigan is in a perfect position to become a sleeper hit on the property market, boasting a prime position in Greater Manchester making it easy to get to areas such as Lancashire or Manchester for work.

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Vantage Point

  • Invest from £132,950
  • 7% ASSURED rental yields
  • Prime town centre location

Located in the heart of Wigan town centre, Vantage Point will offer the latest in luxury apartment living for very affordable prices, making it ideal for young professionals.

Offering a range of 1-bedroom apartment units, every apartment in Vantage Point has been designed with young professional renters in mind. Design features such as premium quality flooring, expansive windows for lots of natural light, and fully-fitted kitchens mean each unit will form a luxury investment property for sale.

As well as the high-standard apartment units, Vantage Point will feature a host of facilities and amenities that will be available to both tenants and the public.

On the ground floor, residents will have reduced rates to access a 24-hour gym, fully equipped with everything someone would need to keep fit that will also be open to the general public.

For those on the go, cycle storage will be included in the development while a concierge service will be able to assist tenants with any issues or problems that arise during their tenancy.

As well as these features, a secure storage service and convenience store will be on-site, available to the general public as well as residents of Vantage Point to ensure they can grab what they need for the day, and keep any valuables in a safe place.

Vantage Point is located right in the heart of Wigan, meaning everything you may need is within walking distance. The Galleries Shopping Centre, the focus of major regeneration, is roughly 250m away, while Wigan town centre is just a 6-minute walk from the development.

This means residents of Vantage Point are in the perfect spot to make the most of everything Wigan has to offer. From the rich array of sports teams in the town to the vibrant Wigan Pier, which has recently undergone regeneration of its own, there is much more to Wigan than meets the eye.

The development is also in a great position to make the most of Wigan’s fantastic transport links. Wigan Wallgate Station and Wigan North Western Station are both just a short walk from Vantage Point, meaning residents can have easy access to Wigan’s fantastic train links to nearby areas like St Helens, Chorley, Warrington or Manchester.

When you combine all of these amazing features with the fact that Wigan is one of the best property markets in the UK when it comes to rental yields, you can see why Vantage Point is such an exciting development opportunity for investors.

Having 7% assured rental returns per annum is far higher than you could expect were you to invest in nearby areas such as Manchester and Liverpool. For property investors, this is a rare opportunity and one that you would be wise to jump towards.

When you combine this high rental yield with the affordable price, Vantage Point becomes an exciting Wigan investment for sale with the potential for major returns, and a fantastic opportunity for first-time property investors.

Why Buy Investment Property in Wigan?

There are several reasons why Wigan is becoming increasingly popular with property investors:

  • As of September 2022, the average property price in Wigan is £188,719. This is far lower than the national average, meaning property in Wigan is incredibly affordable compared to other areas nearby.
  • Since September 2021, house prices grew in 12 months by 14.9%. This is far higher than the national growth recorded by the UK House Price Index, which was only 9.5%.
  • There are great transport links in Wigan, with it being close to the M58 and M6 motorways for easy driving around the North-West. It is also set to be located along the high-speed HS2 railway service for transport to the wider UK.
  • Wigan is undergoing several major regeneration schemes which are set to transform the town. The Galleries Shopping Centre is the focus of a £135 million regeneration scheme
  • Over 100,000 Wigan residents commute to work, meaning you can invest in Wigan to draw renters who work in nearby areas like Manchester, Merseyside or Preston.
  • Wigan has a low average rent per month, coming in at only £810pcm according to co.uk. This could help draw residents from larger cities with higher rental costs.
  • The town has a rich industrial history and is famous for both its football and rugby, meaning there is much to see and do around Wigan.

As you can see, there are many reasons why more and more investors are choosing Wigan over larger housing markets in the North-West.

If you’re seeking investment properties for sale in Wigan, don’t miss the below with the perfect combination of an affordable price, prime location, and strong returns.

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Why Choose Wigan Off-Plan Property?

If you are looking to invest in Wigan property, choosing off-plan investment properties for sale may be the best way to go.

Investing in off-plan properties means buying units in developments that are still under construction or in the early stages of development.

Off-plan investment properties for sale are usually more affordable than fully-built properties, which means you can buy high-quality investment opportunities for much less than market value, depending on the property type.

For example, many buy-to-let off-plan properties are flats or apartments in development complexes, and you can buy these as an investment for much less than they would be worth on an estate agent’s listing.

With the current economic circumstances seeing interest rates on buy-to-let mortgages rise higher and higher, buying off-plan can save you money in the long run. There are also usually payment plans that can be set up to help spread out the cost of investing.

In an area with lots of regeneration going on like Wigan, you will often find off-plan properties being developed alongside the regeneration schemes. Vantage Point is just a few hundred metres away from the Galleries Shopping Centre regeneration, for example.

For those who want a hands-off investment, many off-plan properties can be managed by a property management company for a small portion of your rental income. This means you get all the benefits of owning property with none of the hassle.

To put it simply, investing in off-plan means purchasing real estate in prime residential locations for much cheaper and much easier than you could a fully-developed property. It is understandable why more and more investors are choosing this option when looking for investment properties for sale in Wigan.

Invest with RWInvest

With over 17 years of experience in property investment, RWInvest is one of the largest and most successful property investment companies in the UK.

Keeping a savvy eye on the housing market to find the best investment opportunities for our clients, we have a proven track record for ensuring customers have a safe and smooth investment journey, earning strong returns on properties in some of the best markets in the UK.

We have dedicated teams for each stage of the investment process to ensure you always have someone to turn to if you need any problems to be solved, and so that you always feel confident that you are putting your money in the right place.

If you are interested in learning more about our investment properties for sale in Wigan, try contacting our sales team today for more information.

Alternatively, read our free guide to the Wigan property market now.

John Brady

John Brady

John is a property writer here at RWinvest. With a close eye on property market news and updates, John writes detailed and informative articles on a range of topics that are helpful for anybody looking to invest in UK property.

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