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See how verdicts work5-bedroom house · BL6 6AU
Listing removedListed 152 days
Opportunity summary
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About
**rare detached renovation opportunity in prime semi-rural horwich setting** Over 2,000 Sq Ft Across Four Floors with Huge Potential - Large Corner Plot with Gardens & Views Towards Rivington Pike - Extensive Triple Garage/Workshop with Mechanic Pit - Prestigious Location Close to Countryside, Schools & Transport Links - No Chain & Vacant Possession A truly rare and exciting opportunity to acquire a distinctive detached residence in one of Horwich’s most sought-after semi-rural locations.
'Lakewood' was built in the 1970s, occupying a generous corner plot on Chorley Old Road, at the foot of the prestigious Mill Lane and Foxholes Road, this substantial home offers over 2,000 sq ft of versatile accommodation spread across four floors.
Including an attic room, extensive garaging, large balcony, and multiple bathrooms, the property presents a unique chance to create a bespoke forever home in an exceptional setting.
Requiring full renovation throughout, the house offers the perfect blank canvas for buyers looking to restore, redesign, or further enhance a property with immense character and potential.
Homes of this size and individuality rarely come to the market in Horwich, particularly in such an enviable position with open aspects and generous outdoor space.
The accommodation has been extended over the years and currently comprises multiple entrance porches with separate front doors, downstairs W/C, and access down to the extensive basement garage.
The ground floor also includes a spacious kitchen/diner with a range of wall and base units, an additional dining room, and a large rear lounge overlooking the gardens and open views beyond.
To the first floor are four generous bedrooms, including two en-suite bedrooms, a large family bathroom, and access onto the impressive front balcony.
From the landing, a space-saver staircase leads to an additional attic bedroom, ideal for a variety of uses.
The basement spans the full width and length of the property and operates as a substantial triple garage/workshop, complete with mechanic’s pit, multiple up-and-over doors, and even a built-in safe room with a concrete door - a truly unique feature rarely seen in residential homes.
Externally, the property benefits from ample off-road parking to the front, additional parking adjacent to the garage, and spacious gardens to the side and rear.
The elevated position enjoys far-reaching views towards the iconic Rivington Pike and is perfectly placed on the doorstep of the stunning West Pennine countryside, offering endless walking, cycling, and outdoor pursuits.
Despite its peaceful setting, the property remains conveniently located within easy reach of Horwich town centre, local pubs, restaurants, and everyday amenities.
Excellent transport links are nearby, including the M61 motorway network, Horwich Parkway and Blackrod railway stations, while Middlebrook Retail Park is only a short drive away.
The area is also renowned for its highly regarded schools, including Bolton School and Rivington and Blackrod High School.
Combining a prestigious location, substantial accommodation, breathtaking surroundings, and unlimited potential, this is an exceptional renovation opportunity for buyers seeking a landmark home they can truly make their own.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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.
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FAQ
About Lakewood,, Chorley Old Road, Bolton
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