Scholes Bank, Horwich
RE

Scholes Bank, Horwich

By Regency Estates

£ 159,995

Reviews

2 out of 5 stars

Regency Estates says ..

**CALLING ALL COMMERCIAL INVESTORS AND OWNER OCCUPIERS!* High Street Location with High Footfall - Huge Potential with Planning Permission for External Access to 1st Floor - Ideal for Variety of Uses - Central Horwich Location - Parking to Rear - No Chain - Open Rivington View Front An exce...

Property Oracle says ..

This property at Scholes Bank in Horwich, Bolton, is listed as a commercial property with significant potential but also considerable need for renovation. The listing images show a space that has undergone some modernisation, including new flooring and updated internal decor in certain areas. However, several images also reveal unfinished work, exposed plumbing and wiring, and areas that clearly need repair, such as the damaged section of wall near the boiler. The lack of bedrooms and bathrooms listed suggests the property is designed for commercial purposes or requires a full conversion for residential use. The location is positive, being on a high street and close to local amenities, schools and transport links. Yet there is some disruption visible in the area, including roadworks near the premises. The absence of a garden or land is consistent with the commercial nature of the property. Potential buyers need to factor in a substantial budget for completing the renovation and bringing the property up to a suitable standard for its intended use. The asking price presents a value proposition that depends heavily on how buyers assess the potential return on investment after completion of the renovation and potential commercial operations.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
1,000.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
347,530.00 £
Increased by 38.09 %
from 251,671.00 £
Est sale value
514,000.00 £
Increased by 111.52 %
from 243,000.00 £
Average area rental value
1,079.00 £/mo
Decreased by 12.21 %
from 1,229.00 £/mo
Est letting value
1,000.00 £/mo
Unchanged by 0.00 %
from 1,000.00 £/mo
Est rental Yield
3.73 %
Decreased by 36.35 %
from 5.86 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Regency Estates marked this listing as sold.

  • Regency Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Horwich Start Well Link SiteChildren's Centre Linked Site0.73 KM
Beacon Primary SchoolAcademy Sponsor Led0.76 KM
St Catherine'S Cofe Primary SchoolAcademy Converter0.87 KM
Cumberland SchoolOther Independent Special SchoolGood1.09 KM
Rivington And Blackrod High SchoolAcademy ConverterRequires improvement1.13 KM

Images

Photo 11 Photo 6 Photo 8 Photo 11 Photo 12 Photo 13 Photo 3 Photo 13 Photo 7 Photo 10 Photo 14 Photo 15 Photo 12 Photo 9

Nearby Streets

NameAverage PriceAverage SqftDistance
Back Crown Street £ 000.00 KM
Hope Street £ 119,00000.00 KM
Back Mary Street East £ 000.00 KM
Bosworth Street £ 000.00 KM
Back Richmond Street £ 180,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Blackrod2732BLK1.96 KM
Horwich Parkway8720HWI3.25 KM
Adlington (Lancashire)2641ADL5.36 KM
Westhoughton2619WHG6.31 KM
Hindley2398HIN7.06 KM

Nearby Listings

AddressPriceTypeScoreDistance
Scholes Bank, Horwich, BL6 £ 225,000BUYUnknown0.07 KM
Scholes Bank, Horwich, Bolton £ 260,000BUY7 / 100.11 KM
Heaviley Grove, Horwich, Bolton, BL6 £ 115,000BUY4 / 100.16 KM
Crown Lane, Horwich, Bolton £ 170,000BUYUnknown0.18 KM
Crown Lane, Horwich, Bolton, BL6 £ 215,000BUYUnknown0.18 KM

Nearby Properties

AddressPriceDistance
26 Scholes Bank £ 307,0000.01 KM
34 Scholes Bank £ 485,0000.01 KM
36 Scholes Bank £ 95,0000.01 KM
60 Scholes Bank £ 190,0000.01 KM
10 Scholes Bank £ 160,0000.01 KM