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Grimshaw Street, Golborne

North West

£60,000
Listed on 12/03/2026

Property Details

Bedrooms
1
Type
Detached house

Description

This detached two-storey commercial property presents a compelling renovation opportunity, with a rich history of varied use that underscores its adaptability. Previously functioning as a bakery, private home, betting shop, and more recently a pet shop, the building's flexible layout allows for numerous potential applications, including conversion into two small flats or mixed-use residential and commercial spaces, pending necessary planning approvals. The ground floor is comprised of a hallway, W.C., and two rooms, while an external staircase—currently in disrepair—provides access to a first-floor area featuring a hallway, lounge, bedroom, and another W.C., which could be transformed into an independent living space. With no onward chain attached to the sale, this opportunity invites investors and renovators to reimagine its potential.

Investment Analysis

(WA3 area)
Area Average
£277/sq ft
Avg Rent (weekly)
£231
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (WA3)

Area prices are rising by +7.0% over the last 12 months
3 year growth: +7.2%
5 year growth: +23.7%
Investment Disclaimer: Analysis based on WA3 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

Grimshaw Street, Golborne
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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
£216
Based on a loan of £45,000 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.

Next Steps

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