Summary - Flat 2, 81 Market Street, Farnworth BL4 7NS
5 bed 2 bath Block of Apartments
Auction lot with subdivision and rental upside for experienced investors.
Freehold mixed-use block: 3 shops, 3 flats, rear storage unit
A mixed-use freehold investment in Farnworth offered at online auction. The property comprises three ground-floor commercial units, three residential flats and a rear storage unit, with one commercial and one residential unit currently occupied and several vacant units offering immediate re-letting or conversion potential. There is scope to split the vacant commercial unit and to subdivide first-floor accommodation into additional flats or an HMO, subject to consents.
Practical details matter: EPC rating E, main heating via electric room heaters, and the property will be sold at auction with buyer's fees and an administration fee payable on exchange. Full tenancy schedules, rents and legal documents are available in the legal pack and should be reviewed before bidding. There is a garage for parking and the building sits on Market Street close to major routes and Bolton town centre.
The block is presented as traditional Victorian red-brick with high ceilings but requires attention and possible renovation in parts; one commercial unit is vacant and parts are described as untended. The surrounding area scores high on deprivation indices, which affects rental levels and tenant profile but may support demand for lower-cost commercial and residential accommodation. This lot suits investors seeking hands-on refurbishment and repositioning for higher income or subdivision into multiple lettable units.
Buying at auction is a binding contract. Interested purchasers must be prepared to pay the deposit and fees immediately on winning the bid and to complete due diligence in advance, including viewing the legal pack and arranging inspections.
Office for sale in Higher Market Street, Farnworth, Bolton, Greater Manchester, BL4 9BB, BL4 — £250,000 • 1 bed • 1 bath • 2754 ft²
3 bedroom terraced house for sale in Vernon Street, BOLTON, Lancashire, BL4 — £105,000 • 3 bed • 1 bath • 752 ft²
Block of apartments for sale in 12 Vernon Street, Bolton, Greater Manchester BL1 2PP, BL1 — £400,000 • 1 bed • 1 bath
Commercial property for sale in 135-139 Bradshawgate, Bolton, Lancashire, BL2 1BJ, BL2 — £550,000 • 1 bed • 1 bath • 8300 ft²
Commercial property for sale in 5 Belmont Road, Bolton, Lancashire, BL1 7AF, BL1 — £180,000 • 1 bed • 1 bath • 1036 ft²
2 bedroom end of terrace house for sale in Clarence Street, Farnworth, Bolton, Greater Manchester, BL4 7RF, BL4 — £100,000 • 2 bed • 1 bath • 679 ft²
