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Chorley new Rd, Horwich, Bolton - Image 1
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Chorley new Rd, Horwich, Bolton

North West

£110,000
Listed on 06/03/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This former shop premises, now fully converted to residential use, presents a substantial opportunity for renovation and investment. Located prominently on Chorley New Road in Horwich, the property is generously sized with over 1700 sqft of living space. Currently requiring updating and repair, it has potential for various uses, including conversion into multiple flats or an HMO (House in Multiple Occupation), making it an attractive prospect for investors. Internally, the layout includes a hall, separate lounge and sitting room, dining area, kitchen, and a large covered storage area. The first floor comprises three bedrooms, a bathroom, and a separate WC. With its ample space and strategic location, this property offers significant potential for value enhancement through thoughtful renovations.

Investment Analysis

(BL6 area)
Area Average
£257/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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
15%
Properties sold annually

Local Market Trend (BL6)

Area prices are falling by -5.0% over the last 12 months
3 year growth: +6.8%
5 year growth: +15.3%
Investment Disclaimer: Analysis based on BL6 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

Chorley new Rd, Horwich, Bolton
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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
£397
Based on a loan of £82,500 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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