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164 Ivy Road, Heaton. Bolton. BL1 6EE

North West

£185,000
Listed on 23/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
657 sqft

Description

This substantial mixed-use property offers a unique opportunity for those looking to invest in a versatile space that can serve both commercial and residential needs. Currently home to a hair salon on the ground floor, it features spacious residential accommodation above, making it ideal for business owners seeking a live-work solution or investors looking to maximize rental income potential. The layout is adaptable, allowing for continued commercial use or the possibility of converting the entire property into a residence, pending necessary planning permissions. The generous proportions throughout the accommodation imply ample room for renovations that could significantly enhance value. With three bedrooms and two reception areas, this property is also well-suited for reconfiguration to meet various tenant or homeowner preferences. Additionally, it boasts valuable features like uPVC double glazing and gas central heating. The outdoor space includes a private rear garden that could benefit from landscaping or further development to create an appealing retreat. Overall, this property presents multiple avenues for growth and profit in today’s competitive market.

Investment Analysis

(BL1 area)

Above Market Value

This property is priced +30.3% above area average per sq ft

+30.3%
This Property
£282/sq ft
Area Average
£216/sq ft
Avg Rent (weekly)
£211
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£156,139
10% above area average per sq ft
Potential ROI
-33.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
65%
Properties sold annually

Local Market Trend (BL1)

Area prices are rising by +8.3% over the last 12 months
3 year growth: +17.5%
5 year growth: +34.5%
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

164 Ivy Road, Heaton. Bolton. BL1 6EE
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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
£667
Based on a loan of £138,750 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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