# 3 bedroom terraced house for sale (WN1 3BB) ## Property Details | Key | Value | |-----|-------| | Address | 8 LOCKSIDE MEWS, WIGAN, GREATER MANCHESTER WN1 3BB | | Price | £105,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | B | | Construction age | England and Wales: 2003-2006 | | Floor area | 95 m² | | Last sold | £175,000 Nov 2022 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** C - **Expiry date:** 21/07/2032 - **Current heating cost:** £1,000/year - **Est. upgrade cost to C:** £9,500 ### Recommendations - N (£4,000 - £6,000) - U (£3,500 - £5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2619-7040-1118-9111-5112) ## 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. ## Property Photos - ![Photo](/listings/photos/89587512/1996157) - ![Photo](/listings/photos/89587512/1996160) - ![Photo](/listings/photos/89587512/1996162) - ![Photo](/listings/photos/89587512/1996164) - ![Photo](/listings/photos/89587512/1996166) - ![Photo](/listings/photos/89587512/1996167) - ![Photo](/listings/photos/89587512/1996169) - ![Photo](/listings/photos/89587512/1996171) - ![Photo](/listings/photos/89587512/1996172) - ![Photo](/listings/photos/89587512/1996175) - ![Photo](/listings/photos/89587512/1996176) - ![Photo](/listings/photos/89587512/1996177) - ![Photo](/listings/photos/89587512/1996178) - ![Photo](/listings/photos/89587512/1996179) - ![Photo](/listings/photos/89587512/1996180) - ![Photo](/listings/photos/89587512/1996182) - ![Photo](/listings/photos/89587512/1996184) - ![Photo](/listings/photos/89587512/1996187) - ![Photo](/listings/photos/89587512/1996189) - ![Photo](/listings/photos/89587512/1996190) ## Floorplans - ![Floor Plan ](/listings/photos/89587512/1996192) - Floor Plan ## EPC Graphs - ![EPC](/listings/photos/89587512/1996194) - EPC ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 8 LOCKSIDE MEWS, WIGAN, GREATER MANCHESTER, WN1 3BB | £175,000 | 22/11/2022 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £138,906 (33 Terraced, WN1, 2024–2026) - **Deviation:** -24.4% ## Rental Range *ONS Price Index of Private Rents (Wigan). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £671/mo - **Realistic:** £746/mo - **Optimistic:** £821/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Wigan (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £593/mo ## 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)** ## 1% Rule - **Rent ratio:** 0.81% (okay) - **Max investor price (0.8%):** £106,250 - **Target investor price (1%):** £85,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £850/mo).* - **Gross yield:** 9.7% - **Cost-to-rent:** 10.3× - **Monthly cashflow:** £326/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 12.9% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).* ## Price per Square Metre - **£/m²:** £1,105/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 12.6% - **10y growth:** 19.6% ## House Price Index (HM Land Registry) *Official index for Wigan; Terraced series; as of July 2026.* - **1y growth (index):** 4.3% - **5y growth (index):** 28.4% - **10y growth (index):** 67% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)