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 work2-bedroom terraced house · BL6 5QX
Listing removedListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**CALLING ALL INVESTORS & FIRST TIME BUYERS - TWO BEDROOM TERRACE IN CENTRE OF HORWICH** Excellent Project - Move In & Put Own Stamp On - Walkable to Horwich Centre - Ideal BTL or FTB Home - No Chain - Option to Convert to Three Bedrooms An excellent opportunity to purchase this two bedroom mid Victorian terrace set on the popular Leciester Avenue in the centre of Horwich.
The home has been well looked after but is in need of some renovation would ideally suit first time buyers looking to move to the area, any BTL landlords which could achieve up to £1000pcm or even those downsizing wanting a straight forward lock up and leave.
There is also the option to convert to three bedrooms by making the bathroom internal.
The property is ideally situated close to many local amenities including Horwich town centre which boasts a range of shops and cafes.
It is also a very short drive to the M61, Middlebrook Retail Park and Rivington Countryside. It really is an area which offers the best of both worlds.
On entering the home, the spacious hallway with high ceilings and Victorian coving. The property has two spacious reception rooms at the front and rear.
The rear of the property has a kitchen with a range of wall and base units and access to the rear yard.
Upstairs, the home offers large master bedroom to the front and another large double complimented by a tiled three piece bathroom suite.
There is an option to convert the bathroom to a third bedroom and split the second bedroom to create a bathroom.
Externally there is ample on road parking to the front and at the rear there is a low maintenance paved yard The property is offered with vacant possession and no chain and is not one to be missed and will not be on the market for long.
Please call the office to arrange a viewing!
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 Leicester Avenue, Horwich, Bolton, Greater Manchester, BL6
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