47 Bridgeman Place, Bolton Greater Manchester, BL2 1DE

Description

47 Bridgeman Place, Bolton, BL2 1DE

A substantial, well-presented mixed-use property arranged over three floors, comprising extensive ground-floor commercial accommodation together with two self-contained, move-in-ready two-bedroom flats above. The flats benefit from a separate residential entrance, independent of the ground-floor commercial premises.

The ground floor, previously used as a café, extends from the front to the rear of the property and is divided into a reception/seating area, kitchen, garage and storage areas. The accommodation could potentially be reconfigured into several smaller commercial units, subject to any necessary consents.

The first floor comprises an entrance hall, living room, kitchen/diner, bathroom and two double bedrooms.

Tenure / Property Information

Tenure: Leasehold

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 £290,000 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: £10,000. Allow for inspection-led repairs, decoration, safety/compliance items and contingency.

Rental Value

The residential flats have an estimated rental value of approximately £850 per calendar month each, producing a combined potential income of £20,400 per annum. The ground-floor commercial accommodation is estimated to achieve approximately £1,200 per calendar month if let as a single unit, producing a further £14,400 per annum.

This gives a combined estimated rental value of £2,900 per calendar month or £34,800 per annum when fully let.

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 £217,500. Against purchase plus works of £250,000, indicative cash left in is £32,500. 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 £34,200. This is a screening figure, not a formal valuation.

Maximum Bid Indicator

HB Desktop Screening Ceiling: approximately £230,700. 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

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.