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Wearish Lane, Westhoughton, Bolton

North West

£230,000

Listed on 29/05/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
872 sqft

Description

This property presents a unique opportunity for builders and investors looking to undertake a significant renovation project. Situated on a generous plot, this detached bungalow is ripe for transformation, currently requiring comprehensive refurbishment throughout. Plans have been approved for converting it into a five-bedroom residence, which could significantly increase its value. Located in the desirable area of Westhoughton, the property benefits from proximity to excellent schools, transport links, and local amenities. It is available to cash buyers only and comes with no onward chain, offering a straightforward investment potential.

Investment Analysis

(BL5 area)

Above Market Value

This property is priced +1.5% above area average per sq ft

+1.5%
This Property
£264/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£249,152
10% above area average per sq ft
Potential ROI
-22.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (BL5)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -3.2%
5 year growth: +21.3%
Investment Disclaimer: Analysis based on BL5 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

Wearish Lane, Westhoughton, Bolton
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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
£869
Based on a loan of £172,500 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

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