Modern Method of Auction
Auction date not yet published
Land · WN1 3PN
For saleReduced £30k (−25%) on 21 OctListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The land previously benefited from planning permission under Wigan Council planning application A/07/68974.
The previous planning permission has now expired, and any future development of the site would therefore be subject to a new planning application and obtaining the necessary planning consent.
Extending to approximately 0.14 acres, the site provides a substantial parcel of land with potential for consideration of future development, subject to planning, access, services, site constraints and all other necessary consents.
The previous planning history is an attractive feature for prospective purchasers, although buyers should make their own independent enquiries with Wigan Council regarding the former application, the current planning position and the potential for any future proposals.
Whelley is a popular and established residential area situated to the north-east of Wigan town centre.
The surrounding area provides a mixture of residential properties, local amenities and open green spaces, while Wigan town centre is easily accessible and offers an extensive range of shops, supermarkets, restaurants, cafés, bars and leisure facilities.
The area also benefits from access to the Whelley Loop Line, a popular walking and cycling route which connects towards Haigh Woodland Park and the surrounding countryside.
Transport links are convenient, with local bus services providing connections into Wigan and surrounding areas.
Wigan North Western and Wigan Wallgate railway stations are also within easy reach, offering wider rail connections across the North West.
The location provides good access to the M6 and wider motorway network for those travelling by road.
**Site Area: Approximately 0.14 acres** **Previous Planning Application: A/07/68974** **Planning Status: Previous permission expired** This is an interesting opportunity to acquire a sizeable parcel of land in an established Wigan location with previous planning history and potential for future development, subject to the necessary planning permissions and consents.
**Prospective purchasers are advised to make their own enquiries with Wigan Council and undertake all appropriate due diligence before proceeding.** IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
PEM260419/2 Agent Notes This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £500 inc. VAT.
These services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Malpas Avenue, Wigan, Greater Manchester, WN1
Explore nearby