This five-bedroom end-terrace property is situated in a well-established residential neighborhood, presenting a prime opportunity for renovation and investment. Previously configured as two separate terraced homes, the layout offers the potential for conversion into two distinct dwellings or self-contained flats, subject to obtaining the necessary planning permissions. Investors considering a House in Multiple Occupation (HMO) setup will also find this property appealing, given its size and layout.
Inside, the property features two entrance halls, three reception areas, a kitchen, a spacious landing, five bedrooms, and two bathrooms. Additionally, there are versatile spaces that can serve as a workshop or office. This extensive accommodation provides flexibility for various living arrangements or rental configurations. Outside, the property boasts both front and rear yards along with a garage, enhancing its usability and potential value.
The location is advantageous for potential tenants; local amenities such as shops and schools are within easy reach. Bolton town center is also conveniently accessible. For commuters, Hall i’ th’ Wood train station is less than a mile away and offers direct services to Manchester and surrounding areas.
In terms of rental prospects, similar three-bedroom terraces in the area tend to achieve rents between £950–£1,050 per calendar month. If converted into HMO units, rooms could potentially rent for approximately £600–£700 each. Recent sales data supports this investment opportunity; comparable properties have sold for values around £152,500 to £163,000.
This property presents an exciting chance for those looking to invest in residential real estate with significant renovation potential while taking advantage of its strategic location within Bolton.
