Property Investment Opportunities
Red Cat Residence (Wigan, Greater Manchester)
Red Cat Residence offers purchasers an attractive opportunity in Hindley Green, a village of some 11,000 residents in the Metropolitan Borough of Wigan. Set on the A578, Leigh Road, it is located just 17km (11 miles) west of Salford and puts residents within easy commuting range of central Manchester.
Property Development
in the
heart of Wigan
Red Cat Residence, Leigh Road, Greater Manchester WN2 4XL
Red Cat Residence
Summary:
Key points:
- 25 One Bedroom Apartments
- 22 dedicated parking spaces
- Recreational space
- Cycle Parking
- Prices range from £120,000
Fact Sheet:
- Developer: Doran & Son
- Estimated Completion: Q3, 2026
- Number of units: 25
- Expected Yield: fixed 7% NET returns for 5 years with only service charge payable
- Lease Length: 999 Years
- Ground Rent: Zero
- Service Charges: £630 PA (approx.)
Payment Plan
- Reservation Fee: £5,000
- 20% on the exchange of contracts within 28 days (minus £ 5,000 reservation fee)
- 80% balance on completion
Some kind words from our clients
“The team are wonderful, I can’t recommend them enough. I’ve only worked with Scott and Taryn, but they really know how to look after their clients. They were more than happy to advise and educate me whilst I was new to the world of property investment and helped me secure a deal on a property that I am really excited about. I look forward to working with the team again soon!”
Adil Sheikh
Some kind words from our clients
“Extremely knowledgeable and well connected with the clients and communities best interests at heart. I would recommend”
Becky M
Some kind words from our clients
“We would highly recommend Scott. This would be our first Property Investment, he went over & beyond what was asked. Very knowledgeable and provided us with a vast amount of options to choose from.
Their office space is cool too.”
AJ Edwards
Forecasted
Growth
by 2029
Easy Reach of
& Town Centres
Wigan Borough
Over
being spent on
regeneration
Consultation
A wise investment choice
Hindley Green is well placed to accommodate the excess demand, which is also being generated by its immediate neighbours in Manchetser and Bolton. ONS reports that between the Censuses of 2011 and 2021, the largest population increases in the North West were seen in Salford (+15.4%) and Chorley (+9.9%), both of which border Wigan borough.
Of course, when it comes to assessing demand for residential property, one should not overlook the expansion of Wigan itself. The town has an estimated population of 110,000 and this rises to between 330,000 and 335,000 across the wider borough. Wigan Council calculates that there are 143,100 households within the area – a number that has risen by +4.9% since 2011. As a consequence of these and other factors, Greater Manchester Combined Authority estimates that if demand is to be met, around 12,000 new homes will be needed in the Wigan and Bolton Corridor. Until that shortfall is addressed – which seems a distant prospect – capital and rental values can be expected to rise steadily making it a great location for an investor.
Guiding you through every step of the way.
What are the rental demographics?
The primary demographic moving to the area consists of young professionals aged 20 to 39.
What is the average salary?
Recent area-specific estimates show the annual household income in Hindley Green is approximately £32,000, compared to around £30,000 for the North West average.
What is the expected capital growth?
Between Sept ’23 and Sept ’24, property prices in Hindley Green saw a strong year-on-year increase of 13.1%. While there are no specific five-year forecasts for Hindley Green itself, broader market predictions for the Northwest of England, which includes Wigan, offer a useful guide and suggests property values in the region are expected to grow by 29.4% by 2029. Hindley Green’s historical data indicates the growth there could be even stronger.
What is the style of the building?
Combining both new-build and remodelled
apartments, Red Cat Residence offers stylish one
bedroom homes.
Are there risks involved in property investment?
Risks are mitigated as much as possible. Avanton is a leading property developer with a £2.15 billion Gross Development Value, 11 development projects, providing 3,885 homes
What types of property investments do Clann Investments offer?
We work exclusively with secure property investments and developers with track records and low-risk profiles.
The Developer –
Wigan & Sons Ltd
Delivering lasting value through
a combination of strategic vision, careful project
execution and a deep understanding of property
markets. The company’s enduring reputation is built on
its commitment to quality, heritage preservation, and community-focused development.
Wigan
–
Urban Regeneration
Wigan Council, together with local economic development partners, has launched a series of initiatives to stimulate the local economy and enhance community amenities. Key projects include the £135 million Wigan Galleries redevelopment and the £37 million restoration of Haigh Hall.
Demand for
Housing
Demand amongst prospective tenants and homebuyers has
risen steadily in Wigan. With Manchester’s rapid economic growth and rising housing costs, many new workers are looking to surrounding areas such as Hindley Green for more affordable and peaceful living. This supports steady growth in both capital appreciation and rental values.
Book an Appointment:
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Office Hours: 9am to 5pm – Monday to Friday
