Written by: Edward Feather on 8th February 2023
Three adjoining and substantial Victorian townhouses at New Market Street in Wigan will go under the hammer later this month. Dating back to the 1880’s the three-storey dwellings will appear in auctioneer Pugh’s online property auction on 21 February.
Number 1 New Market Street has a guide price of £80,000, with a guide price of £160,000 for the combined lot of 3 and 5 New Market Street.
Cited as a rare example of Victorian three-storey houses in the town, the properties retain many original features and are in need of a complete programme of modernisation and repair. They are centrally located with town-centre shopping, and facilities such as Wigan & Leigh College and the recently re-developed Wigan bus station, close by.
Edward Feather, Associate Director at auctioneer Pugh, said: “These lots present a unique opportunity for an ambitious developer. Planning permission for the conversion of 1-5 New Market Street into nine two-bedroom flats was previously granted and, although now lapsed, this demonstrates the potential for the right developer to reimagine these properties subject to the necessary permissions.
“This is an exciting time for Wigan and these properties are perfectly placed for the £135m Galleries redevelopment scheme in the heart of the town centre which is due to be completed in 2025.”
Bidding on the properties, as well as the other lots in Pugh’s online property auction, opens on 21 February and closes the following day. To view the full catalogue, click here.
Written by: Edward Feather on 8th February 2023