We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · BL6 6EZ
Listing removedListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sold via modern method of auction **cash buyers only – three bedroom terrace with large rear garden in the heart of horwich** Cash Buyers Only – Ideal Investor or Developer Opportunity – Stripped Out Ready for Renovation – Work Required Throughout – No Chain & Vacant Possession Situated in a popular and convenient area of Horwich, this three-bedroom terraced home offers an excellent opportunity for an investor, developer or experienced buyer looking for a full renovation project.
The property has been stripped out internally and is ready for someone to renovate and put their own stamp on, with significant work required throughout.
This provides an ideal blank canvas for a buyer looking to redesign and refurbish the property to their own specification.
The accommodation offers a traditional terraced layout with a lounge/diner and kitchen area to the ground floor.
To the first floor are three bedrooms, providing flexible accommodation once renovated and area where the bathroom was with plumbing in place.
One of the standout features of the property is the large rear garden, offering considerably more outside space than typically expected with a terraced home and providing excellent potential for landscaping and further improvement.
The location is excellent, within easy reach of Horwich town centre and its wide range of shops, cafés, supermarkets and everyday amenities.
Horwich Parkway and Blackrod train stations are both easily accessible, along with the M61 motorway network and Middlebrook Retail Park.
For those who enjoy the outdoors, the beautiful Rivington countryside is also just a short distance away.
The property is being offered to cash buyers only due to its current condition and is available with no onward chain and vacant possession.
A fantastic opportunity to acquire a complete renovation project with excellent potential and a particularly generous rear garden in a popular Horwich location.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 10, Knowsley Grove, Bolton
Explore nearby