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See how verdicts work2-bedroom flat · BL6 5HL
Listing removedReduced £3k (−2.3%) on 21 AugListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on the ever popular Owsten Court, Horwich this second floor apartment offered in good decorative order throughout with hall, lounge/diner, fitted kitchen, two bedrooms and a three piece bathroom suite.
The property also benefits from double glazed windows, wall mounted electric radiators and allocated parking.
The property is an ideal first time buy or buy to let investment and located close to Blackrod train station, the village of Horwich offering a wealth of shops and local businesses, cafes, bars, restaurants & local supermarkets.
Middlebrook retail park is a short distance away as well as motorway access and bus routes. Early viewing is essential to avoid disappointment.
Entrance Hall (1.19m x 4.86m (3'11" x 15'11")) Built-in storage cupboard, electric radiator, laminate flooring, loft hatch with pull-down ladder, boarded for storage.
Entry via intercom controlled front Entrance door to communal hallway stairs up to second floor, entrance door, door to: Kitchen (1.89m x 2.99m (6'2" x 9'10")) Fitted with a matching range of base and eye level units and cupboards with drawers, stainless steel sink unit with single drainer and mixer tap with tiled splashbacks, plumbing for washing machine, space for fridge/freezer, built-in electric fan assisted oven, four ring halogen hob with extractor hood over, uPVC double glazed window to rear, vinyl tiled flooring.
Lounge (4.60m x 3.66m (15'1" x 12'0")) UPVC double glazed window to front with views of countryside, electric radiator, ceiling with recessed spotlights.
Bedroom 1 (3.36m x 3.12m (11'0" x 10'3")) UPVC double glazed window to front with views of countryside, uPVC double glazed window to side, electric radiator, laminate flooring.
Bedroom 2 (3.20m x 2.18m (10'6" x 7'2")) UPVC double glazed window to rear, built-in airing cupboard housing, factory lagged hot water cylinder, electric radiator, laminate flooring, door to: Bathroom Fitted with three piece modern white suite with comprising, deep panelled bath with shower over and glass screen, inset wash hand basin in vanity unit with cupboards under and mixer tap and low-level WC, ceramic tiling to all walls, heated towel rail, extractor fan, uPVC frosted double glazed window to rear, tiled flooring.
Outside Communal areas and parking maintained via the property management company.
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 40, Owsten Court, Bolton
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