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Clarence Street, Farnworth, Bolton

North West

£80,000
Listed on 20/09/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
563 sqft

Description

This two-bedroom terraced property, nestled in the sought-after Farnworth area on Clarence Street, presents an excellent opportunity for those interested in a renovation project or investment. The home features a spacious reception room that can easily be transformed to suit modern preferences and a well-sized bathroom that provides potential for updates and personalization. The property's layout is practical and versatile, catering to various lifestyles whether you are a first-time buyer or an investor looking to add to your portfolio. A compact private backyard offers a pleasant outdoor space for relaxation or light gardening, enhancing the overall living experience. While cosmetic updates may be required to fully realize the property's potential, it is structurally sound, allowing you to focus on aesthetic enhancements without the worry of extensive repairs. This advantageous condition makes it particularly appealing for those seeking manageable renovations. Situated in a vibrant neighborhood with easy access to local amenities and transport links, this property not only serves as an inviting home but also represents a smart investment opportunity in an area with growth potential. The property is offered on a leasehold basis with approximately 870 years remaining on the lease, and it falls under Council Tax Band A (Bolton Council), adding to its affordability appeal.

Investment Analysis

(BL4 area)

Below Market Value

This property is priced -30.8% below area average per sq ft

-30.8%
Potential saving
This Property
£142/sq ft
Area Average
£205/sq ft
Avg Rent (weekly)
£211
Avg Yield
5.1%
Monthly Sales
26
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (BL4)

Area prices are rising by +6.4% over the last 12 months
3 year growth: 13.5%
5 year growth: 43.2%
Investment Disclaimer: Analysis based on BL4 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.

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Location

Clarence Street, Farnworth, Bolton
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