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Chorley Old Road, Bolton - Image 1
Chorley Old Road, Bolton - Image 2

Chorley Old Road, Bolton

North West

£119,950

Listed on 16/07/2026

Property details

Bedrooms
N/A
Type
Terraced
Area
926 sqft

Description

This property presents an exceptional opportunity for renovation and investment. Situated on Chorley Old Road, it offers excellent access to local amenities including schools, shops, and public transport links. The spacious layout spans three floors, enhanced by a dormer extension that allows for versatile use. Investors can explore the potential to convert the lower floor into commercial space while creating residential units above or transform the entire property into multiple flats. With a well-defined internal space that requires reconfiguration and modernisation, this blank canvas is ready for creative vision. A private yard at the rear provides additional outdoor space, perfect for future tenants or customers. The location boasts beautiful nearby nature reserves and parks, ideal for family activities. Offered with no onward chain, this property is particularly suited for cash buyers looking to capitalize on its potential.

Investment analysis

(BL1 area)

Below Market Value

This property is priced -40.9% below area average per sq ft

-40.9%
Potential saving
This Property
£130/sq ft
Area Average
£219/sq ft
Avg Rent (weekly)
£209
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£223,226
10% above area average per sq ft
Potential ROI
+6.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
57
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (BL1)

Area prices are rising by +5.9% over the last 12 months
3 year growth: +21.8%
5 year growth: +28.1%
Investment Disclaimer: Analysis based on BL1 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

Chorley Old Road, 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
£453
Based on a loan of £89,962 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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