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See how verdicts work3-bedroom terraced house · BL6 7DP
Listing removedListed 245 days
Opportunity summary
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About
This well cared for property has been maintained within the same family ownership for just under 70 years, which is testament to the quality of the surrounding area.
A large vestibule provides access to an individual hallway, and the relatively traditional layout includes two interconnecting reception rooms, the rear of which provides access to the kitchen.
We increasingly find people looking to produce an open plan layout by merging the kitchen and rear living room and this is a great way to elevate the value.
The first floor is configured with three bedrooms by way of the former large front bedroom being sub compartmented and there is a sizable four-piece bathroom to the rear.
Whilst aesthetically dated, it is clear that the home has been well cared for during its lengthy ownership and has been priced to allow for general modernisation.
There is a relatively modern boiler, the home is UPVC double glazed and the rear courtyard has been rendered to 3 walls providing a bright and inviting space.
Many buyers understand the importance of location and Pioneer Street is the perfect example of a group of homes positioned within a very popular area but benefitting from being set back slightly from the thoroughfares of Brownlow Road and Longworth Road.
The property is Leasehold for a term of 999 years (less 3 days) from 27 October 1885 subject to the payment of a yearly Ground Rent of £1.93 Council Tax is Band A - £1,531.45 Pioneer Street is situated just off Brownlow Road which leads into the centre of Horwich after around 0.1 of a mile.
In general terms, Horwich is also very well served with ease of access to the nearby motorway and rail network.
The local train station at Blackrod is around 1 mile away and of course being close to the centre there is an excellent variety of bus connections.
The town offers access to the West Pennine Moors which provides a lovely back drop to the town and can be accessed from roads and paths towards the top of Brownlow Road and around half a mile away.
Vestibule 2' 11" x 4' 6" (0.89m x 1.37m) Glass panelled door into the hallway. Hallway 2' 11" x 11' 0" (0.89m x 3.35m) Stairs to first floor landing.
Reception Room 1 11' 11" x 12' 1" (3.63m x 3.68m) Window to the front. Reception Room 2 14' 4" x 13' 9" (4.37m x 4.19m) Hole in the wall area within the chimney breast.
Rear window to the courtyard area. Access into the kitchen.
Kitchen 8' 1" x 12' 1" (2.46m x 3.68m) With understairs store measuring 2' 7" x 5' 5" (approx.) (0.79m x 1.65m) Electric meter and consumer unit. Integral washing machine. Tiled floor.
Tiled splashback.
Landing 14' 0" x 5' 4" (4.27m x 1.63m) Original fitted storage Inner Landing 5' 6" x 2' 5" (1.68m x 0.74m) Bedroom 1 9' 2" x 12' 3" (2.79m x 3.73m) Fitted furniture including wardrobes, bedside units, over bed storage and dressing table.
Window to the front. Bedroom 2 14' 0" x 9' 2" (max) (4.27m x 2.79m) Rear double. Rear window. Bedroom 3 9' 5" x 5' 9" (2.87m x 1.75m) Window to the front.
Bathroom 8' 1" x 7' 11" (2.46m x 2.41m) Patterned rear window. WC. Individual bath. Hand basin in vanity unit. Tiled shower enclosure. Courtyard K-rendered to three walls.
Access to rear service road.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Pioneer Street, Horwich, Bolton, BL6
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