Karen Ritchie says ..
TAKE A LOOK AT THIS FOUR BEDROOM DETACHED HOME WHCH IS IN NEED OF A FULL RENOVATION, VIEIWNG BY APPOINTMENT ONLY!!
Property Oracle says ..
This four-bedroom detached bungalow in Smithills, Bolton, presents a unique opportunity, but also substantial challenges. The property’s location is a strong selling point, offering proximity to highly-rated primary schools and relatively convenient access to train stations. However, the images reveal that the property is in significant need of modernisation and repair. Every room shown requires updating; from dated fittings, such as the bathrooms, to the worn interior and cluttered spaces. This extensive refurbishment is not reflected in the provided list price, which appears somewhat overvalued given the required work. The lack of clear information about plot size and a comparative lack of data about nearby properties makes a complete and accurate analysis more difficult. Potential buyers should carefully weigh the cost of renovations against the property’s location and long-term potential. A thorough survey and detailed costings for renovation would be essential before making an offer. While the location is an attractive point, the considerable undertaking of complete renovation needs to be considered. A reduced asking price would make this property more competitive and attractive in the current market.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 3
- Location
- 7
- Land
- 4
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft (est)
- 1,738.50
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
- 321,389.00 £Increased by 34.60 %
- Est sale value
- 603,259.50 £Increased by 50.87 %
- Average area rental value
- 1,028.00 £/moIncreased by 18.43 %
- Est letting value
- 1,738.50 £/mo
- Est rental Yield
- 3.84 %Decreased by 11.93 %
- Crime Rate
- 0.00 %
Agent Activity
Karen Ritchie created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Markland Hill Primary School | Community School | Outstanding | 1.02 KM |
| Johnson Fold Community Primary School | Community School | Outstanding | 1.22 KM |
| Clevelands Prep School | Other Independent School | 1.58 KM | |
| Lostock Primary School | Community School | Good | 2.23 KM |
| Heaton Start Well Link Site | Children's Centre Linked Site | 2.25 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Sabden Road | £ 0 | 0 | 0.00 KM |
| Back Markland Hill (East) | £ 0 | 0 | 0.00 KM |
| Back Markland Hill | £ 0 | 0 | 0.00 KM |
| Wenderholme | £ 0 | 0 | 0.00 KM |
| The Rowans | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lostock | 2598 | LOT | 2.45 KM |
| Westhoughton | 2619 | WHG | 6.02 KM |
| Horwich Parkway | 8720 | HWI | 6.39 KM |
| Hag Fold | 2585 | HGF | 6.62 KM |
| Bolton | 2599 | BON | 6.71 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Old Links Close, Bolton | £ 299,950 | BUY | 5 / 10 | 0.00 KM |
| Lily Rose Close, Chorley Old Road, Bolton, Greater Manchester, BL1 | £ 100,000 | BUY | 5 / 10 | 0.05 KM |
| 12 Lily Rose Close, Chorley Old Road, Bolton, Greater Manchester BL1 5RY | £ 80,000 | BUY | 5 / 10 | 0.07 KM |
| 12 Lily Rose Close, Chorley Old Road, Bolton, Greater Manchester BL1 5RY | £ 90,000 | BUY | 7 / 10 | 0.07 KM |
| Chorley Old Road, Bolton, Lancashire, BL1 | £ 350,000 | BUY | 8 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1175 Chorley Old Road | £ 352,500 | 0.12 KM |
| 1165 Chorley Old Road | £ 265,000 | 0.12 KM |
| 1149 Chorley Old Road | £ 285,000 | 0.12 KM |
| 1109 Chorley Old Road | £ 306,000 | 0.12 KM |
| 1161 Chorley Old Road | £ 125,000 | 0.12 KM |