55 Bashall Street, Bolton, BL1 4HL

Description

An End of Terrace House requiring modernisation with accommodation arranged on Two Floors comprising: First Floor: Bedroom (One), Bedroom (Two), Bathroom (without fittings). Ground Floor: Entrance Porch, Living Room, Kitchen (without fittings). Yard at Rear.

Accommodation

Two floors. First Floor: Bedroom (One), Bedroom (Two), Bathroom (without fittings). Ground Floor: Entrance Porch, Living Room, Kitchen (without fittings). Yard at Rear.

Location

Situated at the junction with Victory Street, 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

Recent same-street freehold terraced sales were £102,000 and £120,000 in 2024. Using their average as the base GDV gives £111,000, with a supported recent-sales range of £102,000–£120,000. The comparables do not establish the subject property's post-modernisation condition, so this is an indicative estimate only.

Investment Snapshot

Strategy Recommendation

Proceed only subject to inspection, full refurbishment quotations and review of the special conditions. A resale-led strategy may be viable against the indicative comparable evidence, but neither BTL nor BRRR can be properly underwritten from the supplied data.

Works Required

Modernisation is required. The kitchen and bathroom are described as being without fittings, so provision and installation of suitable fittings would be required. The full scope and cost require inspection and contractor quotations.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the indicative £111,000 base GDV, 75% refinance is £83,250. Total project cost and cash left in cannot be calculated because refurbishment costs and any additional seller fees are unknown. The £50,000 guide plus the £1,500 buyer premium is not a complete project-cost assessment.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The £1,500 buyer premium is payable at the guide price, with possible additional seller fees under the special conditions.

Flip Analysis

The indicative base GDV is £111,000, based on the average of the two 2024 same-street sales. A flip surplus cannot be calculated because refurbishment costs, additional seller fees and selling costs are unsupported. The apparent gap to the guide is not a profit estimate.

Investor Risks & Due Diligence

• The property requires modernisation and both the kitchen and bathroom are described as being without fittings.

• Refurbishment costs are not supplied and cannot be reliably estimated from the evidence.

• No sufficiently specific rental evidence or auctioneer rent estimate is available.

• The comparables do not establish whether their condition and specification match the subject property.

• The seller may charge additional fees under the special conditions of sale.

• Selling costs are not supplied, so any resale surplus is unverified.

Recommendation

Proceed only subject to inspection, full refurbishment quotations and review of the special conditions. A resale-led strategy may be viable against the indicative comparable evidence, but neither BTL nor BRRR can be properly underwritten from the supplied data.

Strategy Rating

Analysis Confidence

There are five same-street sold comparables, including two from 2024, but there is no rental evidence, refurbishment budget, inspection detail, selling-cost allowance or confirmation of additional completion fees.