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8 bedroom detached house for sale
Chorley New Road, Heaton, Bolton, BL1
£475,000
Chorley New Road, Heaton, Bolton, BL1
£475,000
Price History
Initial price | £795,000 |
27/03/25 | £500,000 |
22/05/25 | £475,000 |
Price Change | -40.25% |
Description
A unique development opportunity is being offered for sale in the heart of Bolton, comprising a pair of Victorian semi-detached homes with a total internal area of over 9,500 sq ft. The property, currently in a state of disrepair, has been granted planning permission for the conversion into 14 spacious apartments, with on-site parking and potential rental income of at least £550 per unit. The site, located on Chorley New Road, is opposite Bolton School and benefits from a lift to all floors. The vendor is seeking a buyer who can complete the renovation and development, and the property is being sold via a Modern Method of Auction, allowing for a 56-day reservation period. This is a rare opportunity for builders and developers to acquire a site with approved planning permission and potential for significant returns.