Auction House says ..

Property Oracle says ..

The property at 66 Loxham Street, Bolton, is a terraced house listed at £65,000. The property requires a substantial amount of renovation work. The interior needs complete modernisation, and the garden is overgrown and neglected.

Considering the condition of the property, a significant amount of investment will be required to bring it up to a habitable standard. The walls and floors are damaged in numerous places, and the interior finishes are dated and worn. The kitchen and bathroom are basic and will likely need to be completely replaced.

While the location benefits from proximity to several primary schools with good Ofsted ratings (All Saints Cofe Primary School, St Michael’S Cofe Primary School, Great Lever, TLG Bolton, and Queensbridge Primary School), and several train stations (Moses Gate, Farnworth, Kearsley, Bolton, and Walkden), the overall condition of the property significantly impacts its value. The average house price in the area is considerably higher (£385,295), and while comparable properties on Loxham Street have sold for between £57,500 and £150,000, their condition is not specified. The lack of square footage data for this property and its comparables prevents a precise price per square foot analysis. However, given the extensive renovation needed, the listed price of £65,000 might initially appear reasonable, but the total cost of renovation must be factored in to determine the true value. The small garden is present, but requires significant work.

The property is in need of complete renovation. The current state of disrepair is evident in the provided images.

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

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