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AUCTION: Elswick Avenue, Bolton, Lancashire, BL3

North West

£120,000
Listed on 13/05/2026

Property Details

Bedrooms
4
Type
Terraced

Description

This substantial mid-terrace property, located on Elswick Avenue in BL3, presents a noteworthy opportunity for investors and developers. Boasting generous internal space that is uncommon in comparable homes, the layout features an entrance porch leading through a spacious hallway to three separate reception areas. Each of these rooms varies in size but retains original features such as chimney breasts, which provide ample character and potential for creative redesigns. The rear reception could easily be transformed into part of an open-plan area, enhancing its versatility. The kitchen extends to the back of the property, accompanied by an enclosed rear yard, while a ground floor bathroom exists but could benefit from modernization to improve functionality and aesthetic appeal. On the first floor, you'll find four well-sized bedrooms; two large doubles at the front offer excellent proportions, while additional bedrooms at the back maintain comfortable dimensions. A further bathroom completes this level. The home retains many original features that speak to its history and charm, adding significant value for restoration. Overall, this property requires comprehensive refurbishment throughout, making it an enticing project for those looking to capitalize on its full potential—whether as a spacious family residence or a profitable rental investment (including HMO possibilities pending relevant permissions). With its sizable footprint and flexible layout, significant upside potential awaits.

Investment Analysis

(BL3 area)
Area Average
£218/sq ft
Avg Rent (weekly)
£210
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (BL3)

Area prices are rising by +6.5% over the last 12 months
3 year growth: +24.5%
5 year growth: +47.3%
Investment Disclaimer: Analysis based on BL3 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

AUCTION: Elswick Avenue, Bolton, Lancashire, BL3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£428
Based on a loan of £90,000 over 30 years at 3.97% 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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