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Cope Bank West, Bolton BL1 - Image 1
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Cope Bank West, Bolton BL1

North West

£115,000
Listed on 08/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
829 sqft

Description

This two-bedroom terraced property presents an exciting opportunity for renovation in the desirable area of Smithills. Situated just off Ivy Road, this property is conveniently located near well-regarded schools and beautiful parks like Smithills Country Park and Moss Bank Park. The home requires modernisation throughout and features an entrance vestibule leading to a hallway that connects to the living room and a second reception room, both of which offer potential for reconfiguration or upgrades. The living areas are compact yet functional, with existing fittings such as an electric fire in the living room that could be enhanced or replaced. The kitchen, located at the rear, has a basic setup with wall and base units, making it ideal for a contemporary redesign. Upstairs, the layout includes two bedrooms and a bathroom, all of which would benefit from refurbishment to maximise space and comfort. The front garden offers privacy with established greenery, while the rear yard provides a blank canvas for outdoor improvements. With on-street parking available, this property holds strong investment potential for those looking to create their dream home in a sought-after location.

Investment Analysis

(BL1 area)

Below Market Value

This property is priced -34.7% below area average per sq ft

-34.7%
Potential saving
This Property
£139/sq ft
Area Average
£213/sq ft
Avg Rent (weekly)
£211
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£193,779
10% above area average per sq ft
Potential ROI
+25.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (BL1)

Area prices are rising by +6.4% over the last 12 months
3 year growth: 14.3%
5 year growth: 35.6%
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

Cope Bank West, Bolton BL1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£421
Based on a loan of £86,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE