2-bedroom flat · BL6 5QE
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A sizeable ground floor apartment situated just a stone’s throw away from shops, supermarkets, restaurants and everyday amenities.
It is well presented throughout and in brief comprises of; entrance hallway with storage cupboard, open plan kitchen living area, two double bedrooms and three-piece bathroom with shower over the bath.
The building is accessed via secure gates, there is communal parking and door intercom entry system. The property offers excellent access to motorway links, train stations and bus routes.
Early viewing a must to appreciate. 6 month Tenancy to start off with.
Hallway - Door to built-in storage cupboard, door to: Lounge/Kitchen - 4.79m x 3.68m (15'9" x 12'1") - Fitted with a matching range of modern pale grey base and eye level units with underlighting, drawers and complementary round edged worktops and matching up stands, 1+1/2 bowl composite sink with single drainer and stainless steel swan neck mixer tap, integrated fridge/freezer and washing machine, built-in electric fan assisted oven, four ring induction hob with extractor hood over, built in microwave, uPVC double glazed window to rear, electric storage heater.
Bathroom - Fitted with three piece coloured suite comprising deep panelled bath with shower over, mixer tap and glass screen, pedestal wash hand basin with mixer tap and low-level WC, full height ceramic tiling to all walls, heated towel rail, extractor fan, ceramic tiled flooring, door to built-in airing cupboard housing, factory lagged hot water cylinder.
Bedroom 1 - 2.67m x 5.08m (8'9" x 16'8") - Two uPVC double glazed windows to rear, electric radiator. Bedroom 2 - 3.14m x 3.23m (10'4" x 10'7") - UPVC double glazed window to side, electric radiator.
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.
Area
Agent & docs
FAQ
About Mortimer House, Chorley New Road, Horwich, Bolton
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