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Ribchester Grove, BOLTON, Lancashire, BL2

North West

£115,000Guide Price

Listed on 24/04/2026

Property details

Bedrooms
2
Type
End Of Terrace
Area
1028 sqft

Description

This two-bedroom end mews property presents a promising opportunity for those looking to undertake a renovation project. The layout features two distinct reception rooms on the ground floor, providing versatile living and dining options, while a conservatory at the rear enhances the living space with views of the garden. On the first floor, you will find two well-proportioned bedrooms along with a family bathroom. Additionally, there's a partially converted loft space that could be further developed into extra accommodation, pending the appropriate planning permissions and building regulations. Externally, the property includes off-street parking and outdoor area, making it appealing to a variety of buyers. Although it requires modernisation throughout, this home offers significant potential for investors or owner-occupiers eager to customize their environment. This property is offered at auction with specific terms including a reservation fee and completion timeline, inviting early interest from prospective buyers.

Investment analysis

(BL2 area)

Below Market Value

This property is priced -53.0% below area average per sq ft

-53.0%
Potential saving
This Property
£112/sq ft
Area Average
£238/sq ft
Avg Rent (weekly)
£204
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£269,130
10% above area average per sq ft
Potential ROI
+73.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (BL2)

Area prices are stable by +1.9% over the last 12 months
3 year growth: +9.5%
5 year growth: +37.9%
Investment Disclaimer: Analysis based on BL2 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

Ribchester Grove, BOLTON, Lancashire, BL2
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£434
Based on a loan of £86,250 over 30 years at 4.45% 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

Price History

-11.5% since listed
£115,000£15,000(-11.5%)
10/07/2026
Current price
£130,000Initial listing
25/04/2026

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