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Ormston Avenue, Horwich, Bolton, Lancashire, BL6 - Image 1
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Ormston Avenue, Horwich, Bolton, Lancashire, BL6 - Image 3
Ormston Avenue, Horwich, Bolton, Lancashire, BL6 - Image 4
Ormston Avenue, Horwich, Bolton, Lancashire, BL6 - Image 5
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Ormston Avenue, Horwich, Bolton, Lancashire, BL6 - Image 7
Ormston Avenue, Horwich, Bolton, Lancashire, BL6 - Image 8
Ormston Avenue, Horwich, Bolton, Lancashire, BL6 - Image 9
Ormston Avenue, Horwich, Bolton, Lancashire, BL6 - Image 10
Ormston Avenue, Horwich, Bolton, Lancashire, BL6 - Image 11

Ormston Avenue, Horwich, Bolton, Lancashire, BL6

North West

£130,000
Listed on 06/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
767 sqft

Description

This three-bedroom semi-detached home presents a compelling opportunity for renovation and investment, situated in the central area of Horwich. While the property requires comprehensive updating, its spacious layout and significant outdoor space offer a solid foundation for transforming it into a modern family residence. Occupying a generous plot, there is ample room for potential extensions at both the rear and side without intruding on the garden space. This versatility could greatly enhance living space and significantly increase property value over time. The large south-facing garden is another highlight, providing a sunlit area ideal for outdoor entertaining or further landscaping developments. Located on Ormston Avenue, the property enjoys a balance of convenience and serenity. It is within walking distance to essential amenities, including local shops, cafes, and Rivington & Blackrod School. Nature enthusiasts will appreciate close proximity to Rivington Countryside, known for its scenic walking and cycling routes. For those commuting or seeking retail options, Middlebrook Retail Park is just a five-minute drive away, featuring various shops and restaurants. Excellent transport links are available nearby with bus routes along Chorley New Road and quick access to the M61 motorway facilitating travel to both Manchester and Preston. Internally, the accommodation consists of a welcoming porch leading into a spacious lounge equipped with a feature fireplace. The kitchen provides plenty of potential for updates with existing wall and base units as well as space suitable for dining arrangements. Upstairs are three well-proportioned bedrooms, including a large master bedroom offering dual aspect views. A modern family bathroom completes this level. With off-road parking available at the front and significant renovation possibilities throughout the home, this property stands out as an enticing option for prospective buyers looking to invest in an area with strong growth potential.

Investment Analysis

(BL6 area)

Below Market Value

This property is priced -34.4% below area average per sq ft

-34.4%
Potential saving
This Property
£169/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£217,843
10% above area average per sq ft
Potential ROI
+3.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (BL6)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 9.7%
5 year growth: 21.5%
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.

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Location

Ormston Avenue, Horwich, Bolton, Lancashire, BL6
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