Wigan Lane, Wigan, WN1 1XR
Yorkshire
£375,000
Listed on 16/10/2026
Listed on 16/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
2354 sqftDescription
This mixed-use portfolio brings together three self-contained units across two addresses: a ground-floor commercial premises, a two-bedroom duplex apartment above, and a detached one-bedroom coach house conversion. The properties are described as having been extensively renovated and ready for letting, although prospective buyers should verify the condition and rental position independently.
At 31 Wigan Lane, the commercial unit is currently used as a beauty and cosmetic salon, with basement storage. The listing estimates rent at around £1,200 per month. The separate duplex apartment at 31a Wigan Lane is estimated at £750 to £800 per month, while the one-bedroom coach house at 2b Douglas Road is estimated at £700 to £750 per month.
The agent’s upper-end estimates indicate potential combined rent of about £2,750 per month, or £33,000 per year. These figures are not guaranteed. Buyers should check achievable rents, tenancy status, permitted uses, planning matters and ongoing property costs before proceeding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
81out of 100
Grade AStrong opportunity
Confidence: MEDIUM
At £375,000, this is priced well below the local average per square foot, making the asking price a clear acquisition strength. The standout feature is the mix of three separate commercial and residential properties across two addresses, offering several potential income streams. The photographed interiors look clean and ready to use, and the enclosed courtyard adds appeal; the listing’s rental figures are estimates, so buyers should verify achievable rents, use and legal status.
Key opportunities
- Acquire three distinct commercial and residential units across two addresses at a price below the local average per square foot.
- Explore income from the commercial frontage, duplex apartment and detached coach house as separate rental opportunities.
- Benefit from clean, usable photographed interiors and an enclosed paved courtyard without an evident internal refurbishment project.
Key risks
- Verify the legal and planning status, permitted uses and rental arrangements for the separate units.
- Rental figures are estimates rather than guaranteed income; check achievable rents and account for investment costs.
- The photographs provide only a limited view of the exterior and concealed building fabric.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,417
Based on a loan of £281,250 over 30 years at 4.45% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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