4-bedroom terraced house · BL1 4SE
Sold STCListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TO BE SOLD VIA ONLINE AUCTION ON SEPTEMBER 9TH – 10TH 2026 UNLESSS SOLD PRIOR UNDER AUCTION TERMS 162 Spa Road, Bolton, BL1 4SE An exciting investment opportunity to acquire a recently refurbished four-bedroom terrace house in multiple occupation (HMO) in a popular residential area of Bolton.
The property is fully occupied and producing a rental income of £27,000 per annum.
Interested parties should make their own enquiries with Bolton Council regarding planning permission, HMO licensing requirements and the lawful use of the property.
In brief, the property comprises an entrance hall, a modern communal kitchen, and four generously sized double bedrooms, each benefiting from its own ensuite shower room.
Externally, the property offers an enclosed rear yard and on-street parking to the front. Edward Mellor has not yet inspected the property.
Comparable one-bedroom HMO rooms in the area are understood to achieve rents in the region of £570 per calendar month.
Conveniently located with easy access to Bolton town centre, with a wide range of retail, leisure and dining amenities close by.
The area is particularly well connected, benefitting from convenient access to the A666, the M61 motorway network and Bolton railway station, making it an attractive location for commuters travelling throughout Greater Manchester and the North West.
The property is also well placed for a number of educational establishments and Healthcare facilities, with Royal Bolton Hospital just a short drive away.
Value & comps
No previous sales on record.
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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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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
FAQ
About 162, Spa Road, Bolton
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