12 Crescent Avenue, Bolton, BL1 3AB

Description

An End of Terrace House requiring modernisation.

Accommodation

Accommodation arranged on two floors. First Floor: Bedroom (One), Bedroom (Two), Shower Room/WC. Ground Floor: Living Room, Kitchen. Yard at Rear.

Location

Situated off Chorley Old Road, close to the amenities available in Bolton Town Centre and travelling facilities including Bolton Train Station. Queen’s Park is also nearby.

Tenure / Property Information

Investment Analysis

Same-street completed sales range from £36,000 to £105,000. The latest supplied sale, 3 Crescent Avenue, achieved £105,000 on 31 October 2025, while 8 Crescent Avenue achieved £70,000 in November 2023. The subject requires modernisation, but the extent of works and condition are not evidenced. A base GDV of £105,000 is used as an estimate, with £70,000 as a lower evidenced scenario.

Investment Snapshot

Strategy Recommendation

Proceed only after confirming the full modernisation scope, costs, special-condition fees and achievable resale value. The guide appears potentially attractive against the latest same-street sale, but the evidence is insufficient to support a firm bid or strategy.

Works Required

Modernisation is required, but no detailed schedule or condition report is supplied. Scope, specification and costs cannot be reliably quantified from the evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the estimated £105,000 base GDV, 75% refinancing is £78,750. However, refurbishment costs, total acquisition cost, finance costs and rental income are unavailable, so cash left in and BRRR viability cannot be calculated.

Buy-to-Let Analysis

No sufficiently specific rental comparable or auctioneer rent estimate is supplied, so rent and gross yield cannot be established. The £1,500 buyer premium would also need to be included alongside purchase and refurbishment costs.

Flip Analysis

The latest same-street completed sale supports a possible £105,000 post-works value, but the subject requires modernisation and no refurbishment budget, selling allowance or detailed condition evidence is supplied. Flip surplus therefore cannot be calculated.

Investor Risks & Due Diligence

• The extent and cost of the required modernisation are unknown.

• No sufficiently specific rental evidence is available.

• Additional seller fees may be payable under the special conditions of sale.

• The comparable sales span £36,000 to £105,000 and may reflect different condition levels.

• No finance, selling or other project costs are supplied.

Recommendation

Proceed only after confirming the full modernisation scope, costs, special-condition fees and achievable resale value. The guide appears potentially attractive against the latest same-street sale, but the evidence is insufficient to support a firm bid or strategy.

Strategy Rating

Analysis Confidence

There are several same-street completed sales and a clear tenure/occupancy description, but refurbishment scope, rental evidence, total costs and special-condition fees are incomplete.