Offers over
£185,000
3 bed terraced house for sale164 Ivy Road, Heaton. Bolton. BL1
3 beds
1 bath
2 receptions
About this property
Spacious ground floor commercial space
Three generously sized bedrooms
Two reception rooms
Leasehold - £6 p.a. 5000 year lease from 1929
Versatile Mixed-Use Property | Live-Work Opportunity | Investment Potential | £185,000
An excellent opportunity to acquire this substantial mixed-use property in a well-established and popular area of Bolton. Currently configured as a ground floor hair salon with spacious residential accommodation above and to the rear, this property offers outstanding flexibility for investors, business owners, or those seeking a live-work arrangement.
The layout lends itself to continued commercial use, a home-based business, or potential conversion to a fully residential dwelling (subject to the necessary planning consents). Offering generous proportions throughout, this is a rare opportunity in today's market.
Viewings are highly recommended to fully appreciate the size, versatility, and potential on offer.
Key Features
Ground floor commercial unit (currently operating as a hair salon)
Spacious residential accommodation
Three well-proportioned bedrooms
Two reception rooms
Private rear yard with patio and raised beds
UPVC double glazing throughout
Gas central heating
Security alarm system
Long leasehold - 5,000-year lease from 1929 at approximately £6 per annum
Accommodation
Ground Floor
Front Commercial SpaceA bright and prominent commercial unit with large display windows and a uPVC glazed entrance door. Currently fitted as a functioning salon with two backwash sinks, large wall-mounted mirrors, shelving, strip lighting and radiator. This space offers flexibility for a variety of business uses or potential reconfiguration, subject to consents.
Rear Reception RoomA spacious and comfortable living area featuring an ornate fire surround with marble-effect hearth and coal-effect living flame gas fire. French doors with glazed side panels open onto the rear garden, creating an excellent indoor-outdoor flow.
Breakfast KitchenFitted with a range of wall and base units with contrasting work surfaces, 1.5 stainless steel sink with mixer tap, tiled splashbacks, and space for appliances. Rear access door to the garden. Radiator and TV point.
First Floor
Bedroom OneGenerous front-facing double bedroom with neutral décor, radiator and uPVC window.
Bedroom TwoLarge rear-facing bedroom (super king size) with chimney breast and alcoves, radiator and uPVC window.
Bedroom ThreeFront-facing small double bedroom, ideal as a guest room, nursery or home office.
BathroomL-shaped three-piece suite comprising bath with mixer tap and shower attachment, pedestal wash basin and WC. Chrome heated towel rail, mirrored vanity unit and opaque rear uPVC window.
Landing CupboardHousing the gas boiler and providing additional shelving storage.
External
Rear GardenLow-maintenance paved patio with raised garden beds, external water point and outdoor lighting. Enclosed by brick walls with timber gate access. Metal storage shed included.
Additional Information
Council Tax Band: B
Services: Mains gas, electricity and water
Water meter installed
Tenure: Long leasehold - £6 per annum (5,000-year lease from 1929)
Security: Alarmed property
Flood Risk: Very low
Why This Property Works at £185,000
At this price point, you are effectively acquiring both a commercial unit and a three-bedroom home. This opens multiple strategies:
Owner-occupier running their own business
Investor generating dual income streams
Residential conversion (STPP)
Rental of both commercial and residential elements
That flexibility is what gives this property its strength
Disclaimer
These particulars are intended to give a fair and substantially correct overall description for the guidance of intending purchasers and do not constitute an offer or part of a contract. Prospective purchasers and/or lessees ought to seek their own professional advice.
All descriptions, dimensions, areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
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More information
Tenure
Leasehold (4903 years)
Service charge
Council tax band
B
Ground rent
£6
Ground rent date of next review
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