You can buy a whole terrace of eight houses for £450,000 in Bolton

You could buy these eight houses for the price of a one-bedroom flat in London.

Yup.

The row of eight terraced cottages in Bolton, Lancashire, was built to house workers at Nelson Mill, a key part of the northern town’s industrial heritage.

The whole row can be bought for £450,000 – the equivalent of a one-bedroom flat in the capital.

The price guide for each property ranges from £40,000 to £60,000.

Six of the cottages have two bedrooms and two have one bedroom. Some of them have a back garden.

While they are marketed as fixer-uppers – with one needing a complete refurb – the majority are inhabitable, with minimal decor for people wanting to stay from scratch. 

They’re in a great location, too. 

Edward Feather, the associate director at Pugh Auction said: ‘The row of cottages is close to Chorley Old Road which is a busy residential area with shops and lots of facilities.

‘Gaskell Community Primary School, which is rated Good by Ofsted, is directly opposite the cottages.

‘Thomasson Park is nearby and the centre of Bolton is only a mile away.’ 

The online auction opens for bids next Tuesday 19 October and closes the following day.

Edward adds: ‘While the eight cottages are being offered individually, it’s a condition of sale that all eight properties need to meet their individual reserves for a sale of any of the properties to take place.

‘If any of the eight properties do not meet their reserve then none of the properties will be sold, regardless of whether their reserves have been met or not.

‘The reserve prices range from £40,000 to £60,000 and the total guide price for all eight properties is £450,000.’ 

Do you have a story to share?

Get in touch by emailing [email protected]

Source: Read Full Article