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13 Vernon Street, Farnworth, Bolton, BL4 7RD - Image 1
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13 Vernon Street, Farnworth, Bolton, BL4 7RD

North West

£40,000
Listed on 23/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This leasehold terrace house, situated in a convenient location off Presto Street, presents an excellent opportunity for renovation and investment. With approximately 862 years remaining on the lease from its inception in 1889, this property features two floors of living space including three bedrooms and a wet room on the first floor. The ground floor comprises a living room, dining room, and kitchen, all of which are in need of modernisation. A small yard at the rear adds to the outside space. The property is located near Farnworth Town Centre, providing access to local amenities and public transportation options such as Farnworth and Moses Gate Train Stations. This home offers substantial potential for transformation into a desirable residence, appealing to both investors and those looking to create their ideal living space. It is also worth noting that with vacant possession available, immediate renovations can commence upon acquisition.

Investment Analysis

(BL4 area)
Area Average
£208/sq ft
Avg Rent (weekly)
£199
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (BL4)

Area prices are rising by +7.2% over the last 12 months
3 year growth: +14.2%
5 year growth: +43.6%
Investment Disclaimer: Analysis based on BL4 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

13 Vernon Street, Farnworth, Bolton, BL4 7RD
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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
£142
Based on a loan of £30,000 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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