For sale Terraced

8 LOCKSIDE MEWS

WIGAN, GREATER MANCHESTER WN1 3BB

3 beds 1 baths 1,023 sq ft Listed 11 Jun 2026 (-133d)

£105,000

Offers Over

Reduced on 28 Sep 2026 · Was £110,000

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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

Our latest listing is a 3-bedroom terraced house located in Wigan. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

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)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

INSPIRE registered land data is not available for this location yet.

Floorplans

Floor Plan

Floor Plan

EPC Graphs

EPC

EPC

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).

5y growth 12.6%
10y growth 19.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Wigan. Series: Terraced. As of July 2026.

1y (index) 4.3%
5y (index) 28.4%
10y (index) 67%

Rental Range

Estimated market rent for Wigan. Low = conservative, Realistic = average, Optimistic = best case.

Low £671/mo
Realistic £746/mo
Optimistic £821/mo

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 0.81%
Max investor price (0.8%) £106,250
Target investor price (1%) £85,000
Gross yield 9.7%
Cost-to-rent ratio 10.3×
Monthly cashflow £326/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 12.9%
  • 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).