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Manchester Road, BOLTON, Lancashire, BL5

North West

£230,000
Listed on 20/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
823 sqft

Description

This semi-detached bungalow presents a unique opportunity for renovation enthusiasts and investors looking to add value in a desirable location. With two generously sized double bedrooms, along with a spacious lounge and separate dining area, the layout of this home offers a solid foundation for modern updates. The kitchen and bathroom also await your personal touch, allowing for customization to suit your style. Externally, the property features a front garden and driveway parking, along with a private enclosed garden at the rear—ideal for outdoor activities or potential landscaping. The overall plot provides ample space, which could be further optimized with additional enhancements. Located in a well-established neighborhood, this bungalow is conveniently situated near local amenities and transport links, making it an attractive proposition for future tenants or homeowners looking to settle in the area. The property is available via the Modern Method of Auction, which facilitates a straightforward transaction process and allows buyers time to arrange financing. With its inherent charm and clear potential for renovation, this bungalow represents an excellent investment opportunity that is ripe for transformation into a contemporary living space. Prospective buyers are encouraged to conduct their own research during the due diligence period to fully understand the possibilities that await.

Investment Analysis

(BL5 area)

Above Market Value

This property is priced +8.0% above area average per sq ft

+8.0%
This Property
£279/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£234,201
10% above area average per sq ft
Potential ROI
-13.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (BL5)

Area prices are falling by +2.3% over the last 12 months
3 year growth: 1.8%
5 year growth: 22.1%
Investment Disclaimer: Analysis based on BL5 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

Manchester Road, BOLTON, Lancashire, BL5
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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
£843
Based on a loan of £172,500 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