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Tonge Moor Road, Bolton, BL2

North West

£160,000
Listed on 10/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
936 sqft

Description

This inviting 3-bedroom terraced house presents a unique opportunity for renovation and investment. The property features two spacious reception rooms, providing ample space for family gatherings or quiet evenings at home. An additional separate W.C. enhances the functionality of this residence, catering well to the needs of modern living. The rear garden is a noteworthy aspect, with its potential for transformation into a personalized outdoor retreat or a functional workspace. The existing layout allows for creative enhancements, making it an appealing project for those looking to add value through renovations. While some areas could benefit from modernization, the overall structure remains sound and offers a solid foundation for customization. Strategically located near primary and secondary schools, this home ensures convenience for families. It is within walking distance to local transport links, including the train station, facilitating easy commutes to Manchester and surrounding areas; the A666 is just a short drive away, further enhancing accessibility. The property boasts potential beyond its current configuration; the loft space serves as an ideal candidate for conversion into an additional bedroom or versatile living area (subject to planning permission). This feature significantly enhances the investment appeal, allowing buyers to envision increased rental income or resale value. Outdoors, the front garden welcomes visitors with a flagged pathway leading up to it, adorned with shale and stoned landscaping complemented by a low-level brick wall and wrought iron gate. The back garden features an immediate decked patio area suitable for outdoor dining and leisure activities while incorporating artificial grass that combines aesthetic appeal with low maintenance. Additional storage needs are met by a timber shed in the rear garden, while practical details such as exterior security lighting and an outside hosepipe connection contribute to peace of mind. The folding timber gates also ensure secure off-road parking at the rear—an increasingly desirable feature in urban settings. Overall, this property strikes a balance between comfortable living and lucrative investment potential, making it an attractive prospect for both first-time buyers eager to make their mark and seasoned investors seeking promising opportunities in today’s market.

Investment Analysis

(BL2 area)

Below Market Value

This property is priced -27.2% below area average per sq ft

-27.2%
Potential saving
This Property
£171/sq ft
Area Average
£235/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£241,750
10% above area average per sq ft
Potential ROI
+17.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (BL2)

Area prices are rising by +3.9% over the last 12 months
3 year growth: 12.3%
5 year growth: 43.6%
Investment Disclaimer: Analysis based on BL2 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

Tonge Moor Road, Bolton, BL2
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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
£586
Based on a loan of £120,000 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