Karen Ritchie says ..

Property Oracle says ..

This 2-bedroom, 2-bathroom terraced house located on Eldon Street in Tonge Moor, Bolton, is presented as a renovation project. The property’s asking price is £120,000. The photos show a property that requires extensive work throughout. The interior features dated decor, worn flooring, and outdated fixtures in the kitchen and bathrooms. The external area includes a small garden. The location is convenient as several primary schools are within a close radius and train stations are accessible, albeit not within walking distance. However, missing information regarding nearby amenities such as shops and recreational facilities makes a complete judgement of the location difficult. Nearby properties show varied pricing, suggesting some potential for value, though the considerable renovation costs needed should be factored into any potential buyers overall budget. The lack of square footage information for comparable properties makes a precise per-square-foot price comparison impossible. The current condition of the property significantly impacts its overall appeal, despite its location and potential. Buyers should be prepared for substantial renovation costs before the property becomes habitable. Therefore, this property presents a high-risk, high-reward opportunity for investors or those looking for a project to fully customise and improve upon. Those seeking a move-in-ready home are unlikely to find this an appropriate purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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