2-bedroom semi-detached house · BL2 5LZ
Listing removedListed 231 days
Opportunity summary
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About
***FOR SALE BY MODERN METHOD OF AUCTION; STARTING BID PRICE £180,000 PLUS RESERVATION FEE*** Offered to the market with an auction guide price of £180,000 plus reservation fee, this fully renovated traditional two bedroom semi detached bungalow presents an exceptional opportunity for buyers seeking a turnkey home in a popular residential area.
The property has been thoughtfully modernised throughout, featuring a brand new kitchen with contemporary units ideal for those who enjoy cooking and entertaining.
The spacious living accommodation includes two well-proportioned bedrooms, providing flexibility for a variety of lifestyles, whether for a small family, downsizers or professionals.
A stylish and modern shower room has been newly installed, offering both comfort and practicality. The bungalow benefits from gas central heating and double glazing, ensuring year-round comfort.
There is also a separate garage with an up and over door, providing secure parking or additional storage space.
The location is particularly attractive, being within walking distance of a range of local amenities, including shops, cafes and services, as well as highly regarded primary and secondary schools.
Excellent transport links are also nearby, making commuting straightforward and convenient.
The outside space is equally impressive, beginning with an imprinted concrete driveway to the front, offering off-road parking for two vehicles.
This area is bordered by a low level brick wall and features a small lawned section with established bushes, shrubs and planters, creating a welcoming first impression.
The separate garage is easily accessed from the driveway and is equipped with concrete flooring, a gas metre, an up and over door, and two ceiling strip lights (providing both practicality and security).
To the rear of the property, you will find a flagged patio area perfect for outdoor dining or relaxing, as well as a generous lawn bordered by mature bushes, shrubs, trees and additional planters.
Side access is available through a wrought iron gate, allowing convenient movement between the front and rear gardens.
The rear garden is enclosed by fence panels, ensuring privacy and a safe environment for children or pets.
The combination of well-designed outdoor spaces and low maintenance features makes this property particularly appealing for those seeking a stylish yet practical home in a sought after location.
Auctioneer Comments This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties).
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property.
The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.
A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you.
Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
AML Disclaimer Please note it is a legal requirement that we require verified ID from purchasers before instructing a sale.
Please also note we shall require proof of funds before we instruct the sale, together with your instructed solicitors.
Agents Note Under the 1979 Estate Agents Act we are obliged to inform all potential purchasers if the owner of this property is related to an employee of Wilcox Estate Agents Ltd.
Agents Note We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying.
We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider.
The ancillary service provider may be an associated company of Wilcox Estate Agents Ltd.
IMPORTANT NOTE TO POTENTIAL PURCHASERS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
BUYERS INFORMATION To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.
We use the services of a third party, Credas, which Wilcox Estate Agents Ltd will send your AML check.
There is a nominal charge of £30 including VAT for this (per person), payable direct to Wilcox Estate Agents Ltd.
Please note, we are unable to issue a memorandum of sale until the checks are complete.
REFERRAL FEES We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying.
We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider.
The ancillary service provider may be an associated company of Wilcox Estate Agents Ltd.
EPC Rating: D Entrance Porch 2.3m x 1.23m Rock front door, carpet flooring, single panel radiator, ceiling light and electric and gas meters encased in a cupboard.
Lounge 3.47m x 5.26m Carpet flooring, low level double panel radiator, ceiling light and a double glazed unit to the front with four openers.
Hallway 0.08m x 2.14m Carpet flooring, ceiling light, smoke alarm and a loft hatch.
Primary Bedroom 2.89m x 4.04m Carpet flooring, fitted wardrobes, low level double panel radiator, ceiling light and a double glazed window to the rear with four openers.
Secondary Bedroom 2.65m x 2.82m Carpet flooring, single panel radiator, ceiling light and a double glazed unit to the side with an opener.
Bathroom 1.68m x 1.88m White slate double shower tray, brass power shower, fixed glass shower screen, green sink vanity unit with a brass tap, brass heated towel radiator and a white W.C.
Tiled walls and flooring, ceiling recess spotlights and a frosted double glazed unit to the side with an opener.
Kitchen 2.67m x 3.04m Beige fitted kitchen with marble effect laminate worktops, single electric oven, four ring induction hob, black composite sink with a black tap, plumbing for a washing machine and space for a fridge freezer.
Ceiling recess spotlights, single panel radiator, combi boiler encased in a cupboard, uPVC rear door and a double glazed unit to the rear with an opener.
Front Garden Imprinted concrete drive for two vehicles, access to separate garage, low level brick wall, small lawned area, bushes shrubs and planters.
Rear Garden Flagged patio area, lawned area, bushes, shrubs, trees and planters to the rear, side access through a wrought iron gate, access to the garage and fence panel surround.
Parking - Driveway Imprinted concrete drive for 2 vehicles. Parking - Garage Concrete flooring, gas meter, up and over door and two ceiling strip lights.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
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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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About Torver Drive, Bolton, BL2
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