Modern Method of Auction
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We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts workTerraced house · WN1 3BH
For saleListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**For Sale by Modern Method of Auction** An exciting and unusual opportunity to acquire a mixed-use premises with a self-contained apartment, occupying a prominent position on Darlington Street, close to Wigan town centre.
Formerly operated as a florist, the property offers a versatile combination of commercial and residential accommodation with excellent potential for a variety of uses, subject to any necessary planning permissions and consents.
The ground floor commercial premises comprises a spacious showroom, together with a rear kitchen/utility area and WC.
The open nature of the showroom provides considerable flexibility and could lend itself to a variety of commercial uses, making this an attractive proposition for an owner-occupier, investor or purchaser looking to establish a new business.
The property also benefits from a well-presented self-contained apartment, which is accessed independently via its own entrance from Cambridge Street.
The apartment is being sold with a tenant in situ, providing an immediate rental income opportunity.
The residential accommodation comprises a private entrance leading to a first-floor landing, a comfortable lounge, bedroom, fitted kitchen and bathroom.
The apartment is well presented throughout and offers a useful additional income stream alongside the commercial premises.
The property's location is a particular strength, positioned on Darlington Street within close proximity of Wigan town centre.
The surrounding area offers a wide range of shops, supermarkets, cafés, restaurants, bars and other everyday amenities, whilst Wigan's commercial and transport infrastructure is readily accessible.
For commuters and those travelling further afield, Wigan North Western and Wigan Wallgate railway stations are within easy reach, providing regular services towards Manchester, Liverpool, Preston and beyond.
The M6 and wider motorway network are also conveniently accessible.
Offering a rare combination of commercial premises and a separately accessed residential apartment, together with the flexibility to explore a range of future uses, this property represents an excellent opportunity for investors, business owners and those seeking a mixed-use investment in a well-connected town centre location.
Cambridge Street - EPC Rating Grade D Darlington Street - EPC Grade Awaited Cambridge Street Council Tax Band A 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.
PEM260274/2 Shop Floor Entrance 2.85 x 0.81 x 4.64 x 3.3m Utility Room 3.41 x 3.22 Kitchen 3.94 x 3.84 Utility Room 2.45 x 1.36 WC Hallway Lounge 4.31 x 3.76 Landing 2.76 x 4.10 Bedroom 3.61 x 4.34 Kitchen 2.24 x 3.10 Bathroom Leasehold Agents Notes Auctioneer Comments 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.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
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.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which (truncated)
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Darlington Street East, Wigan, Greater Manchester, WN1
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