15 Minnie Street, Bolton, BL3 4EF

Description

TO BE SOLD VIA ONLINE AUCTION ON SEPTEMBER 30TH – 1ST OCTOBER 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS

15 Minnie Street, Bolton, BL3 4EF

Situated in a well-established residential area of Bolton, the property is ideally positioned to attract a wide range of professional tenants. Excellent transport links, including easy access to Bolton town centre, the A666 and M61 motorway network, make the location particularly convenient for commuters. A variety of local shops, supermarkets, healthcare facilities and leisure amenities are all within easy reach, while regular public transport services provide straightforward access across the town and surrounding areas.

Tenure / Property Information

Council Tax Band: A; Tenure: Leasehold; Years Remaining on the Lease: 921

Investment Analysis

HB analysis uses the supplied Edward Mellor scrape as the primary property source. Auctioneer facts are separated from HB desktop estimates; all figures should be verified before bidding.

Investment Snapshot

Market Comparables

No priced sold comparable was captured in the supplied scrape. Base GDV £180,000 is an HB desktop estimate because no priced sold comparable was captured in the supplied scrape; independent sold-evidence research is required before bidding.

Proposed Works

HB desktop works allowance: £15,000. Allow for inspection-led repairs, decoration, safety/compliance items and contingency.

Rental Value

An exciting investment opportunity to acquire a recently refurbished four-bedroom house, suitable for HMO purposes (subject to obtaining the necessary planning consent). 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. Based on full occupancy, the property is expected to generate a gross rental income of approximately £27,000 per annum.

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.

Low / Base / High Investment Scenario

BTL Analysis

A defensible BTL yield cannot be calculated from the supplied scrape because a monthly rent was not established.

BRRR Analysis

Using a 75% refinance against the HB base GDV gives indicative refinance proceeds of £135,000. Against purchase plus works of £155,000, indicative cash left in is £20,000. Finance, tax, legal fees and lender valuation haircuts are excluded.

Flip Analysis

At the HB base GDV, after purchase plus works and an indicative 2% selling allowance, the pre-finance/pre-tax flip surplus is approximately £21,400. This is a screening figure, not a formal valuation.

Maximum Bid Indicator

HB Desktop Screening Ceiling: approximately £134,400. This is a desktop screening ceiling only, not a formal valuation or instruction to bid; SDLT, finance, legal fees and property-specific abnormal costs must be added separately.

Strategy Recommendation

Most relevant strategy: BTL / BRRR. The choice reflects the scraped condition/occupancy narrative, available rent evidence and the relationship between the starting bid, works allowance and HB base GDV.

Strategy Rating

BTL ★★☆☆☆; BRRR ★★★★☆; Flip ★★★☆☆

Key Risks

• lease terms, service charge and ground rent must be checked against the legal pack
• thin priced sold-comparable evidence in the supplied scrape
• rental value requires independent letting-agent verification
• tenancy status, arrears and possession position require legal verification

Analysis Confidence

Low-Medium. Confidence reflects the quality of the supplied listing information, embedded coordinates/images, and the amount of sold/rental evidence captured in the scrape.