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Bank Close, Hollingworth Lake, Littleborough, OL15 0DP

North West

£250,000
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1392 sqft

Description

This three-bedroom semi-detached home offers an exciting opportunity for renovation enthusiasts or investors looking to create a personalized family residence. Nestled near the scenic Hollingworth Lake Nature Reserve & Country Park, the property enjoys both a peaceful setting and convenient access to local transport links, including the nearby Smithy Bridge train station. Although it is in need of modernisation, the spacious layout includes a welcoming entrance hall, a bright lounge with ample natural light, and a dining room that could be transformed into an open-plan kitchen area by removing the adjoining wall. The extended kitchen offers substantial potential for redesign and could become the heart of a contemporary family space. Upstairs, there are three well-proportioned bedrooms along with a versatile box room which can serve as an office or nursery. The exterior features generous gardens, a driveway for off-road parking, and a detached garage, all set within a tranquil cul-de-sac environment. This property is offered with no onward chain, making it an excellent prospect for anyone keen to invest in renovations and build equity.

Investment Analysis

(OL15 area)

Below Market Value

This property is priced -22.9% below area average per sq ft

-22.9%
Potential saving
This Property
£180/sq ft
Area Average
£233/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£356,540
10% above area average per sq ft
Potential ROI
+25.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
76%
Properties sold annually

Local Market Trend (OL15)

Area prices are stable by -1.4% over the last 12 months
3 year growth: +1.2%
5 year growth: +22.6%
Investment Disclaimer: Analysis based on OL15 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

Bank Close, Hollingworth Lake, Littleborough, OL15 0DP
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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