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Chorley New Road, Horwich, Bolton

North West

£130,000
Listed on 17/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
887 sqft

Description

This mid-terraced property features two spacious double bedrooms and is conveniently located near local amenities, schools, and transport links. It presents a solid investment opportunity for those looking to add value through renovation. The interior layout allows for easy reconfiguration; a simple swap of rooms could potentially create an additional bedroom. Currently, the home comprises a porch, hallway, an open-plan lounge/dining area, and a kitchen that includes essential fittings but requires modernisation. The first floor hosts two generous bedrooms and a sizable bathroom with standard fixtures. Outside, there is a private enclosed courtyard which offers potential for outdoor enhancements. This property is sold with no onward chain and vacant possession, making it an attractive option for both investors and first-time buyers keen on personalising their living space.

Investment Analysis

(BL6 area)

Below Market Value

This property is priced -42.4% below area average per sq ft

-42.4%
Potential saving
This Property
£147/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£247
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Target Value
£248,121
10% above area average per sq ft
Potential ROI
+65.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (BL6)

Area prices are falling by -2.9% over the last 12 months
3 year growth: +8.1%
5 year growth: +17.7%
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 Road, Horwich, Bolton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£460
Based on a loan of £97,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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