3 Bed Semi-Detached House, Refurb/BRRR, Bolton, BL6 7EB, £130,000

Ormston Avenue, Horwich, Bolton, Lancashire, BL6 7EB - 2 views - a month ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+7 photos

ValuationFair Value

Sold Prices£100K - £310K
Sold Prices/m²£1.3K/m² - £3.5K/m²

 

 

Square Metres

~93 m²
Price/m²£1.4K/m²

Value Estimate

£131,300

 

 

End Value (After Refurb)

£215,722

Uplift in Value

+66%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£7,700

Refurb Costs

£39,363

Bridging Loan Interest

£3,413

Total Cash In

£84,725

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£215,722

Agent Fees (1%)

£2,157

Bridging Loan

£97,500

Bridging Loan Interest

£3,413

Flip Profit

£31,339

Local Sold Prices

50 sold prices from £100K to £310K, average is £176K. £1.3K/m² to £3.5K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£135K03/230.04 mi14, Castle Crescent, Horwich, Bolton, Greater Manchester BL6 7DT3
£169.5K02/230.05 mi76, Ormston Avenue, Horwich, Bolton, Greater Manchester BL6 7ED3
£177K03/210.07 mi45, Pennine Road, Horwich, Bolton, Greater Manchester BL6 7HR3
£175K10/210.07 mi61, Pennine Road, Horwich, Bolton, Greater Manchester BL6 7HR3
£172.5K11/200.07 mi57, Pennine Road, Horwich, Bolton, Greater Manchester BL6 7HR3
£167.5K02/210.07 mi16, Pendle Drive, Horwich, Bolton, Greater Manchester BL6 7HP3
£155K03/210.07 mi8, Singleton Avenue, Horwich, Bolton, Greater Manchester BL6 7DX3
£195K12/220.08 mi26, Ormston Avenue, Horwich, Bolton, Greater Manchester BL6 7EA3
£210K09/210.09 mi21, Douglas Avenue, Horwich, Bolton, Greater Manchester BL6 7EE3
£105K03/230.1 mi65, Singleton Avenue, Horwich, Bolton, Greater Manchester BL6 7DU3
£205K10/210.1 mi17, Cheviot Close, Horwich, Bolton, Greater Manchester BL6 7DF3
£205K05/230.1 mi7, Cheviot Close, Horwich, Bolton, Greater Manchester BL6 7DF3
£185K11/230.1 mi4, Douglas Close, Horwich, Bolton, Greater Manchester BL6 7EF3
£157K01/210.1 mi14, Douglas Close, Horwich, Bolton, Greater Manchester BL6 7EF3
£184K03/230.11 mi5, Chiltern Close, Horwich, Bolton, Greater Manchester BL6 7NN3
£140K08/230.11 mi30, Ormston Avenue, Horwich, Bolton, Greater Manchester BL6 7EA3
£167K11/230.11 mi12, Ormston Avenue, Horwich, Bolton, Greater Manchester BL6 7EA3
£200K09/230.11 mi5, Snowdon Drive, Horwich, Bolton, Greater Manchester BL6 7DG3
£251K08/210.11 mi13, Whitehorse Close, Horwich, Bolton, Greater Manchester BL6 7DQ3
£235K08/210.11 mi5, Whitehorse Close, Horwich, Bolton, Greater Manchester BL6 7DQ3
£230K01/210.11 mi6, Whitehorse Close, Horwich, Bolton, Greater Manchester BL6 7DQ3
£220K12/220.11 mi27, Douglas Avenue, Horwich, Bolton, Greater Manchester BL6 7EE3
£202K10/210.12 mi10, Ardley Road, Horwich, Bolton, Greater Manchester BL6 7EG3
£165K03/210.12 mi3, Ardley Road, Horwich, Bolton, Greater Manchester BL6 7EG3
£206.3K01/230.12 mi2, Ardley Road, Horwich, Bolton, Greater Manchester BL6 7EG3
£235K11/220.13 mi5, Cotswold Drive, Horwich, Bolton, Greater Manchester BL6 7DE3
£245K03/230.14 mi34, Pennine Road, Horwich, Bolton, Greater Manchester BL6 7NJ3
£161K01/210.14 mi22, Pennine Road, Horwich, Bolton, Greater Manchester BL6 7NJ3
£310K12/220.15 mi22, Snowdon Drive, Horwich, Bolton, Greater Manchester BL6 7DG3
£225K10/200.15 mi174a, Brownlow Road, Horwich, Bolton, Greater Manchester BL6 7EL3
£285K12/200.15 mi53, Cotswold Drive, Horwich, Bolton, Greater Manchester BL6 7DE3
£155K08/230.16 mi44, Green Lane, Horwich, Bolton, Greater Manchester BL6 7LZ3
£138K11/200.16 mi40, Green Lane, Horwich, Bolton, Greater Manchester BL6 7NA3
£142K11/200.16 mi46, Green Lane, Horwich, Bolton, Greater Manchester BL6 7LZ3
£150K07/210.17 mi21, St Annes Road, Horwich, Bolton, Greater Manchester BL6 7EJ3
£203.5K08/230.17 mi1, St Annes Road, Horwich, Bolton, Greater Manchester BL6 7EJ3
£132.5K12/220.17 mi27, Pioneer Street, Horwich, Bolton, Greater Manchester BL6 7DP3
£195K01/210.18 mi20, Ansdell Road, Horwich, Bolton, Greater Manchester BL6 7HL3
£143K11/220.18 mi20, Pioneer Street, Horwich, Bolton, Greater Manchester BL6 7DP3
£146K11/200.18 mi81, Brownlow Road, Horwich, Bolton, Greater Manchester BL6 7DR3
£185K03/210.18 mi70, Brownlow Road, Horwich, Bolton, Greater Manchester BL6 7DR3
£175K08/230.18 mi102, Brownlow Road, Horwich, Bolton, Greater Manchester BL6 7DR3
£146K05/210.18 mi1, Hillside Avenue, Horwich, Bolton, Greater Manchester BL6 7HQ3
£233K11/230.18 mi1, Hillside Avenue, Horwich, Bolton, Greater Manchester BL6 7HQ3
£150K12/230.19 mi23, Wilderswood Avenue, Horwich, Bolton, Greater Manchester BL6 7ES3
£130K08/210.19 mi131, Longworth Road, Horwich, Bolton, Greater Manchester BL6 7EU3
£271K01/210.22 mi22, Malvern Close, Horwich, Bolton, Greater Manchester BL6 7LY3
£180K11/200.22 mi57, Old Lords Crescent, Horwich, Bolton, Greater Manchester BL6 7LS3
£100K11/200.24 mi98, Longworth Road, Horwich, Bolton, Greater Manchester BL6 7EY3
£170K04/210.24 mi4, Fearnhead Avenue, Horwich, Bolton, Greater Manchester BL6 7LJ3

Local Rents

14 rents from £850/mo to £2K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£95012/240.08 mi-3
£1,10003/240.49 mi-3
£1,29502/250.63 mi-3
£87502/240.64 mi-3
£92504/250.68 mi-3
£95004/250.71 mi-3
£1,30012/240.75 mi-3
£90012/240.76 miCrown Lane, Horwich3
£2,00012/240.8 mi-3
£90003/250.8 mi-3
£1,00012/241.08 miNapier Drive, Horwich3
£87512/241.17 mi-3
£85012/241.2 miBrazley Avenue, Horwich3
£1,15004/251.21 mi-3

Local Area Statistics

Population in BL6

29,345

Population in Bolton

217,471

Town centre distance

2.89 miles away

Nearest school

0.30 miles away

Nearest train station

1.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-28%

Sales demand

Balanced market

Capital growth (5yrs)

+42%

Property History

Listed for £130,000

March 24, 2025

Floor Plans

Description

  • Three Bedroom Semi-Detached Home +
  • Excellent Potential - Work Required +
  • Driveway, Front Garden & Spacious Rear Garden +
  • Open Plan Kitchen/Diner & Large Lounge +
  • Ideal FTB Home or BTL Investment +
  • Central Horwich Location - Easy Access to Local Schools, Rivington & Amenities +
  • Short Drive to M61, Middlebrook & Horwich Parkway Station +
  • Gas Central Heating & Double Glazing Throughout +

THREE BEDROOM SEMI-DETACHED HOME SAT WITH HUGE POTENTIAL

Work Required Throughout - Large Rear Garden - Off Road Parking to Front - Central Horwich Location - FREEHOLD

An excellent opportunity to purchase this three bedroom semi-detached home in the heart of Horwich offering spacious internal and external living for any growing family looking to move to the area. The property is in need of full renovation but offers excellent potential being sat on a large plot with option to extend the home at the rear and side without encroaching on the garden.

Ormston Avenue is ideal for those wanting ease of transport links and amenities yet tucked away from the hustle and bustle of Horwich. It is within walking distance to the popular Rivington & Blackrod School, Horwich town centre with local shops and cafes and the fabulous Rivington Countryside with excellent walking and cycling routes. Middlebrook Retail Park is only a five minute drive away where there is a wealth of restaurants, shops a supermarket and entertainment facilities. There are several bus routes along Chorley New Road and ample schooling facilities in and around the area. The M61 motorway is again only a five minute drive giving access to Manchester and Preston.

The internal accommodation comprises porch with stairs and access to the lounge. There is a well sized lounge with feature fireplace and access into the the kitchen offers a range of wall and base units, space for a table and door to the garden. The first floor has three good sized bedrooms including the large master overlooking the front and rear. They are all complimented by a modern tiled three piece family bathroom suite.

Externally the home is unrivalled for the area with parking at the front and to the rear a well sized south facing garden with lawn area receiving sun long into the evening ,making it ideal for entertaining. There is potential to extend the house without encroaching the garden.

Semi-detached homes offering this space and potential rarely come on the market. Please all the office to arrange a viewing.

THREE BEDROOM SEMI-DETACHED HOME SAT WITH HUGE POTENTIAL

Work Required Throughout - Large Rear Garden - Off Road Parking to Front - Central Horwich Location - FREEHOLD

An excellent opportunity to purchase this three bedroom semi-detached home in the heart of Horwich offering spacious internal and external living for any growing family looking to move to the area. The property is in need of full renovation but offers excellent potential being sat on a large plot with option to extend the home at the rear and side without encroaching on the garden.

Ormston Avenue is ideal for those wanting ease of transport links and amenities yet tucked away from the hustle and bustle of Horwich. It is within walking distance to the popular Rivington & Blackrod School, Horwich town centre with local shops and cafes and the fabulous Rivington Countryside with excellent walking and cycling routes. Middlebrook Retail Park is only a five minute drive away where there is a wealth of restaurants, shops a supermarket and entertainment facilities. There are several bus routes along Chorley New Road and ample schooling facilities in and around the area. The M61 motorway is again only a five minute drive giving access to Manchester and Preston.

The internal accommodation comprises porch with stairs and access to the lounge. There is a well sized lounge with feature fireplace and access into the the kitchen offers a range of wall and base units, space for a table and door to the garden. The first floor has three good sized bedrooms including the large master overlooking the front and rear. They are all complimented by a modern tiled three piece family bathroom suite.

Externally the home is unrivalled for the area with parking at the front and to the rear a well sized south facing garden with lawn area receiving sun long into the evening ,making it ideal for entertaining. There is potential to extend the house without encroaching the garden.

Semi-detached homes offering this space and potential rarely come on the market. Please all the office to arrange a viewing.

Agent Details

Regency Estates, Horwich

01204 326733

Next Steps?

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