8 LOCKSIDE MEWS
WIGAN, GREATER MANCHESTER WN1 3BB
Property details
Floor area
95 m²
Council tax band
B
EPC rating
D
Year built
England and Wales: 2003-2006
Last sold
£175,000 Nov 2022
Price per m²
£1,105/m²
Local average
£138,906 (-24.4%)
Deprivation
Decile 1 (1,129 of 33,755)
Street crime
1 incident within 1 mile (Aug 2026)
Key features
- Street Parking
- Fully Fitted Kitchen
- Tenant Currently Situated
- Likely to attract enquiries from Serious Investors & Developers
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
Additional details
- Parking
- Yes
Description
For investors looking to expand their portfolio, this is a fantastic opportunity!
This well-kept terraced house features 3 bedrooms, 1 bathroom, a spacious lounge, a fully fitted kitchen with integrated appliances and an access to a street parking.
Investment details
It currently produces an annual gross income of £8,880 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Tenancy Details
There are tenants that currently reside in the property and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.
Listed by
Glasgow
Let Property Sales
Reference: 89587512
EPC Rating & Upgrade Cost
Current rating: D
Potential rating: C
Inspection date: 22/07/2022
Expiry date: 21/07/2032
Current heating cost: £1,000/year
Potential heating cost: £1,009/year
Est. upgrade cost to C: £9,500
Recommendations
- Solar water heating (£4,000 - £6,000)
- Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)
Flood risk
Zone: 1
Risk: Low
Job (default Low)
Registered land (INSPIRE)
INSPIRE registered land data is not available for this location yet.
Price history
| Event | Date | Price | % change |
|---|---|---|---|
| Listed for sale | — | £105,000 | -40% |
| Sold | 22/11/2022 (3 years ago) | £175,000 | — |
Source: HM Land Registry Price Paid Data. Crown copyright.
Sold Comparables
Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.
| Address | Price | Date | Type |
|---|---|---|---|
| 78 DARLINGTON STREET EAST, WIGAN, GREATER MANCHESTER, WN1 3AT | £163,000 | 22/05/2026 | Terraced |
| 144 DARLINGTON STREET EAST, WIGAN, GREATER MANCHESTER, WN1 3BH | £115,000 | 19/12/2025 | Terraced |
| 109 SPRING STREET, WIGAN, GREATER MANCHESTER, WN1 3AX | £110,000 | 16/07/2025 | Terraced |
| 15 MCCORMACK DRIVE, WIGAN, GREATER MANCHESTER, WN1 3EL | £135,000 | 01/12/2023 | Terraced |
| 5 SPRING GROVE, WIGAN, GREATER MANCHESTER, WN1 3AZ | £102,000 | 30/06/2023 | Terraced |
| 126 DARLINGTON STREET EAST, WIGAN, GREATER MANCHESTER, WN1 3BH | £85,000 | 28/04/2023 | Terraced |
| 100 SPRING STREET, WIGAN, GREATER MANCHESTER, WN1 3AX | £75,000 | 20/03/2023 | Terraced |
| 168 DARLINGTON STREET EAST, WIGAN, GREATER MANCHESTER, WN1 3BH | £100,000 | 28/02/2023 | Terraced |
| 168 DARLINGTON STREET EAST, WIGAN, GREATER MANCHESTER, WN1 3BH | £160,000 | 28/02/2023 | Terraced |
| 1 ST PATRICKS WAY, WIGAN, GREATER MANCHESTER, WN1 3EJ | £138,000 | 09/12/2022 | Terraced |
| 149 DARLINGTON STREET EAST, WIGAN, GREATER MANCHESTER, WN1 3EF | £85,000 | 29/11/2022 | Terraced |
| 174 DARLINGTON STREET EAST, WIGAN, GREATER MANCHESTER, WN1 3BH | £135,000 | 11/11/2022 | Terraced |
| 72 DARLINGTON STREET EAST, WIGAN, GREATER MANCHESTER, WN1 3AT | £128,000 | 12/10/2022 | Terraced |
| 12 HARTLEY AVENUE, WIGAN, GREATER MANCHESTER, WN1 3BW | £85,000 | 20/09/2022 | Terraced |
| 16 HARTLEY AVENUE, WIGAN, GREATER MANCHESTER, WN1 3BW | £72,000 | 25/08/2022 | Terraced |
| 78 DARLINGTON STREET EAST, WIGAN, GREATER MANCHESTER, WN1 3AT | £150,000 | 19/08/2022 | Terraced |
| 25 SHARED STREET, WIGAN, GREATER MANCHESTER, WN1 3BA | £88,500 | 11/08/2022 | Terraced |
| 158 DARLINGTON STREET EAST, WIGAN, GREATER MANCHESTER, WN1 3BH | £128,000 | 04/05/2022 | Terraced |
| 150 DARLINGTON STREET EAST, WIGAN, GREATER MANCHESTER, WN1 3BH | £137,500 | 26/04/2022 | Terraced |
| 71 SPRING STREET, WIGAN, GREATER MANCHESTER, WN1 3EX | £65,000 | 25/04/2022 | Terraced |
Area average: £112,850 (20 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): Wigan. Series: Terraced. As of July 2026.
Rental Range
Estimated market rent for Wigan. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Wigan.
LHA (30th percentile) floor for Wigan: £593/mo (Apr 2025 – Mar 2026)
Location
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Shop | Wigan Mini Market | 0.1 miles |
| Shop | Unknown | 0.1 miles |
| Bus stop | Darlington Street East/Cambridge Street | 0.1 miles |
| Bus stop | Darlington Street East/Spring Street | 0.1 miles |
| Train station | Ince | 0.4 miles |
| Train station | Wigan North Western | 0.5 miles |
| Hospital | Leigh Health Centre | 5.2 miles |
| Hospital | Bolton Hospice | 7.8 miles |
| University | University of Greater Manchester | 7.8 miles |
| University | University of Bolton Orlando Village Residence | 8.2 miles |
Street-level crime
| Category | Count |
|---|---|
| Violence and sexual offences | 1 |
| Total incidents | 1 |
Within 1 mile during Aug 2026. Source: data.police.uk (England & Wales).
Schools nearby
Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.
| Name | Type | Distance | Ofsted |
|---|---|---|---|
| St Patrick's Catholic Primary School | Primary | 0.2 miles | Outstanding — 23 Dec 2014 |
| Britannia Bridge Primary School | Primary | 0.3 miles | Good — 20 Jun 2023 |
| St Catharine's CofE Primary School | Primary | 0.3 miles | Good — 14 Sep 2023 |
| CEWE School | Other | 0.3 miles | Good — 2 Jul 2023 |
| Dean Trust Rose Bridge | Secondary | 0.5 miles | Requires improvement — 3 May 2023 |
Rental Comparables
Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.
| Title | Rent | Beds | Distance | As seen on |
|---|---|---|---|---|
| 3 Bed End Terrace, Warrington Road, WN3 | £875/mo | 3 | 0.44 miles | OpenRent |
| 3 Bed Terraced House, Warrington Road, WN3 | £850/mo | 3 | 0.66 miles | OpenRent |
| 3 Bed Semi-Detached House, West Street, WN2 | £800/mo | 3 | 0.94 miles | OpenRent |
Average rent: £842/mo (3 listings)
Rent-driven metrics
Based on OpenRent comparables.
- Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
- Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
- Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
- Gross yield — Annual rent as % of purchase price (no costs).
- Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
- Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
- ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).