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Rishton Lane, BOLTON, Lancashire, BL3

North West

£170,000
Listed on 02/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This property in the popular area of BL3, Bolton, offers a unique opportunity for both homebuyers and investors looking to capitalize on its renovation potential. Currently laid out as a 3-bedroom residence, the spacious interior lends itself well to various configurations, with the possibility of converting it into a 4-bedroom home to suit individual preferences or family needs. Situated in a desirable neighborhood, this location provides easy access to local amenities, reputable schools, and excellent transport links. These factors make it not only appealing for families seeking a comfortable living environment but also an attractive prospect for investors looking to enhance rental value. While the home is currently functional, its true value lies in the potential for modernization. This property presents a blank canvas ideal for those willing to undertake renovation work, enabling the creation of a personalized space that aligns with contemporary tastes and standards. For investors, there is considerable scope for improvement that could yield significant returns in this sought-after postcode. With sturdy construction and ample room for creativity, this property stands as an enticing asset in Bolton's real estate market. It represents an opportunity not often found—whether you're looking to create your dream home or make a sound investment decision. Early exploration of this property is encouraged to fully grasp its possibilities and promise.

Investment Analysis

(BL3 area)
Area Average
£212/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (BL3)

Area prices are rising by +12.2% over the last 12 months
3 year growth: 23.8%
5 year growth: 58.3%
Investment Disclaimer: Analysis based on BL3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Rishton Lane, BOLTON, Lancashire, BL3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£623
Based on a loan of £127,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE