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See how verdicts work2-bedroom terraced house · BL6 5PS
Listing removedReduced £6k (−8%) on 26 OctListed 30 daysAuction 1 Jun · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TO BE SOLD VIA ONLINE AUCTION ON OCTOBER 21ST – 22ND 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS 320 Chorley New Road, Bolton, BL6 5PS ***MORE IMAGES COMING SOON*** A two bedroom terraced property situated in the highly desirable area of Horwich, Bolton .
The property is sold with tenants in situ, paying £500 per calendar month (£6,000 per annum).
Rental values within the area for similar properties are in the region of £900 per month, offering scope to increase the current rental income.
Edward Mellor has not yet inspected the property, however the property is reported to comprise a reception room, kitchen, bathroom and two bedrooms.
Externally, the property benefits from a rear garden and on-street parking.
Here are a some similar properties taken from Land Registry sold close by highlighting the potential: 22 Siemens Street, BL6 5PR Sold – 01/06/2026 £140,000 2 bed terrace 0.08 mi 1 Nasmyth Street, BL6 5PD Sold – 26/01/2026 £152,000 2 bed terrace 0.21 mi 9 Watts Street, BL6 5NT Sold – 25/09/2025 £145,000 2 bed terrace 0.18 mi The location provides convenient access to the amenities of Horwich town centre , where a range of shops, supermarkets, cafés, restaurants, pubs and everyday services can be found, including Middlebrook Retail Park.
Ideally situated within close reach to Horwich Parkway railway station and the M61 motorway network. EPC rating D.
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
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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 320, Chorley New Road, Bolton
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