2-bedroom house · BL1 4NR
For saleListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present this well located two bedroom second floor apartment at Redcot Development, 1 Somerset Rd, positioned just off Chorley New Road and within easy reach of Bolton School, Devonshire Road Primary School, and Bolton Town Centre.
The accommodation comprises an entrance hall with useful storage, a bright lounge/dining room, a fitted kitchen, two bedrooms, and a family bathroom.
Externally, the property benefits from off road parking within the grounds. Further features include double glazing and gas central heating throughout.
Property is being sold with tenant in situ, making this an ideal home for investors. Currently Tenanted on Periodic Agreement @ £710 PCM Lease Length: 999 Years From 01/01/1998.
Service Charge: £2040 PA (Includes Building Insurance) No Ground Rent Agreement.
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 Redcot, 1 Somerset Road, Bolton, Greater Manchester, BL1
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