WN1Wigan

Central Wigan & Town Centre

Central Wigan & Town Centre investment guide. Average gross yield 4.9%, unknown rental demand.

4.9%avg gross yield

£189kavg sold price (306 sales, 12mo)

Unknownrental demand

Article 4: No· Permitted development applies

Last updated May 2026

Average Gross Yield

4.9%

-1.1% vs Wigan avg (6.0%)

Average Asking Price

£189,287

high confidence (306 sales)

Est. Monthly Rent

£860

2-bed · 3-bed £932 · 7.4% yield

Price Per Sq Ft

£209

City avg £208/sqft · 1 above average

Estimated Rent by Bedroom Count

Average asking rent and gross yield per bedroom count in WN1

1-bed

£663

per month

7.4% yield

2-bed

£860

per month

7.4% yield

3-bed

£932

per month

5.9% yield

4-bed

£1,099

per month

4.7% yield

Ownership mix

WN1 vs UK average · 17,944 dwellings · Source: ONS Census 2021

Distinct tenure mix: 18% socially rented (1pp higher than the UK average of 17%).

Owned outrightNo mortgage on the property

32.3%(UK 32.9%)

-0.6pp vs UK

Owned with mortgageIncluding shared ownership

29.3%(UK 29.7%)

-0.4pp vs UK

Privately rented (BTL)Private landlord or letting agent

20.5%(UK 20.3%)

+0.2pp vs UK

Socially rentedCouncil or housing association

17.9%(UK 17.1%)

+0.8pp vs UK

Black tick = UK average. ONS Census 2021, TS054 (Tenure of household).

Yield by Property Type

Gross yield breakdown across property types in WN1

PropertyData.co.uk

Type	Gross Yield	Avg Price	Avg Rent/mo
Terraced →	8.1%	£127,495	£865
Semi-detached →	5.4%	£205,000	£917
Detached →	3.4%	£335,000	£956
Flat →	7.2%	£131,500	£784

Explore by strategy

Live data for each property type across Wigan.

HMO Terraced Semi-detached Detached Flats Student lets New build Strategy primers →

About Central Wigan & Town Centre (WN1, Wigan)

WN1 attracts property investors with a solid 4.9% gross yield and competitive entry prices averaging £189,287. The area benefits from strong rental demand across smaller properties, with 1 and 2-bedroom units achieving consistent 7.4% yields, making it accessible for first-time buy-to-let investors.

The tenant mix leans towards younger professionals and small families, evidenced by the higher demand for 1 and 2-bedroom properties. Rental income remains stable across these segments, though 3 and 4-bedroom units command lower yields (5.9% and 4.7% respectively), suggesting a more niche market for larger properties.

Investors should monitor void periods and rental demand volatility, as the 'Unknown' rental demand classification indicates limited market transparency. The declining yields on larger properties may reflect softer demand or oversupply in the family home sector, warranting careful due diligence before purchasing 3+ bed properties.

Sold Price Trend - WN1

Average sold price, last 8 quarters

+3.6% over 2 years

Flip Activity - WN1

Same property bought and sold within 18 months, last 24 months

→ vs prior 24 months

Flips

last 24 months

Median uplift*

+51.8%

after HPI adjust

Median hold

14 mo

Flip rate

0.3%

of all sales

Recent case studies

bradshaw street

Semi

Bought Jun 23

£120k

Sold Nov 24

£175k

17 mo+37.4%*

Leasehold - extension not verified

Gross 45.8%

lyefield avenue

Detached

Bought Nov 23

£190k

Sold Sept 24

£325k

11 mo+66.1%*

Gross 71.1%

* Real uplift after ONS regional House Price Index adjustment. Freehold and leasehold included; leasehold flips flagged as lease-extension status is not verifiable from public data. Source: HM Land Registry Price Paid Data.

Planning & Licensing - WN1

Restrictions that affect HMO and buy-to-let investors in this postcode district

✓

Article 4 Direction (HMO)Not in effect

HMOs of up to 6 occupants (C4 use class) can be created without planning permission in this area.

✓

Selective LicensingNot in effect

✓

Additional HMO LicensingNot in effect

Article 4 directions cover parts of Wigan. The exact street-level coverage varies — confirm with the council before exchanging.

Planning information is for guidance only. Always verify with the local planning authority before purchasing. Data correct as of April 2026.

Nearby Postcodes

Adjacent areas with comparable investment profiles

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19-21 Mesnes Street, Wigan, Lancashire WN1 1QP
WN1 · btg
£128,000
28 Jul