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Queensgate, Bolton, Greater Manchester, BL1 4EA

North West

£85,000
Listed on 19/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
657 sqft

Description

This two-bedroom mid-terrace property presents a significant opportunity for renovation and investment. Located near Bolton School, the home is currently in need of complete modernisation, allowing potential buyers to craft their ideal living space from the ground up. The layout includes an entrance vestibule leading into a lounge, a sizeable kitchen with base and eye-level units, and two bedrooms along with a family bathroom on the first floor. Positioned on a quiet side street off Chorley New Road, it's conveniently close to amenities such as shops, parks, and leisure facilities. Given its current dated condition, this property is particularly well-suited for first-time buyers eager to make their mark or investors looking to enhance their portfolio with a project that could yield substantial returns.

Investment Analysis

(BL1 area)

Below Market Value

This property is priced -39.8% below area average per sq ft

-39.8%
Potential saving
This Property
£129/sq ft
Area Average
£215/sq ft
Avg Rent (weekly)
£212
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£155,381
10% above area average per sq ft
Potential ROI
+24.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
66%
Properties sold annually

Local Market Trend (BL1)

Area prices are rising by +6.7% over the last 12 months
3 year growth: +16.1%
5 year growth: +34.6%
Investment Disclaimer: Analysis based on BL1 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

Queensgate, Bolton, Greater Manchester, BL1 4EA
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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
£307
Based on a loan of £63,750 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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