8 Bed Detached House For Sale 110/112 Chorley New Road, Heaton, BL1

£795,000- Detached

1 of 15
  • Description
  • Street View
  • Maps
Last Updated: 18th April 2024

Description

**CALLING ALL BUILDERS & DEVELOPERS**\r
\r
**9,500 sq ft Property with Planning for 14 Apartments!!**\r
\r
Full Renovation Required - Sought After Heaton Location - No Chain - Ideal BTL Build - AVAILABLE NOW\r
\r
A unique opportunity to undertake an excellent development opportunity in the heart of Bolton. A prominent pair of Victorian semi-detached homes ideally located opposite Bolton School on the busy commercial and residential area of Chorley New Road. The site has been most recently used as a nursing home and benefits from accommodation spread across four floors and also includes a lift to all floors. The property boasts internal area of over 9,500 sq ft and is in a state of disrepair with full renovation is required.\r
\r
The owner has achieved planning permission for 14 spacious apartments with on site parking ideally as a BTL build and would prove popular for young professionals or students with the hope of achieving at least £550PCM per unit. There are more details for the planning found on Bolton Council Website with Planning Application Number - 10286/2.\r
\r
Sites of this size with the potential and planning approved rarely come on the market for sale. All enquiries please contact Regency Estates.
Agent Details
Regency Estates
29 Lee Lane Horwich BL6 7AY

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 8 bedroom property. See more properties like this.

See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested