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Leicester Avenue, Horwich, Bolton, BL6 - Image 1
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Leicester Avenue, Horwich, Bolton, BL6

North West

£130,000
Listed on 14/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
861 sqft

Description

This two-bedroom mid-Victorian terrace presents a great opportunity for investors and first-time buyers in the heart of Horwich. Located on the sought-after Leicester Avenue, the property requires extensive renovation, making it a prime candidate for those looking to add value. With no chain, it's positioned perfectly for quick occupancy or rental potential. The home features a welcoming hallway accented by high ceilings and original Victorian detailing. The layout includes two generous reception rooms, offering flexibility in design. At the rear, you'll find a kitchen equipped with basic wall and base units, providing the foundation for an updated culinary space that opens into a private paved yard. Upstairs, both bedrooms are spacious, with the possibility to convert one into an additional bedroom or reconfigure the existing bathroom setup to enhance functionality. With ample on-street parking and proximity to local amenities including shops and cafes as well as easy access to major routes like the M61 and Middlebrook Retail Park, this property not only promises comfortable living but also represents significant investment potential in an area that balances suburban charm with accessibility.

Investment Analysis

(BL6 area)

Below Market Value

This property is priced -40.6% below area average per sq ft

-40.6%
Potential saving
This Property
£151/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£240,848
10% above area average per sq ft
Potential ROI
+41.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (BL6)

Area prices are falling by -2.9% over the last 12 months
3 year growth: +8.1%
5 year growth: +17.7%
Investment Disclaimer: Analysis based on BL6 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

Leicester Avenue, Horwich, Bolton, BL6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£460
Based on a loan of £97,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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