2 Bed Flat, Potential PLO/LOA, Westhoughton, BL5 3RF, £110,000





ValuationOvervalued
Sold Prices | £50K - £191K |
Sold Prices/m² | £962/m² - £2.7K/m² |
| |
Square Metres | 50.43 m² |
Price/m² | £2.2K/m² |
Value Estimate | £87,406£87,406 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £27,500£27,500 |
Stamp Duty & Legal Fees | £4,500£4,500 |
Total Cash In | £32,000£32,000 |
| |
Cash Out | |
Rent Range | £485 - £950£485 - £950 |
Rent Estimate | £598 |
Running Costs/mo | £483£483 |
Cashflow/mo | £115£115 |
Cashflow/yr | £1,376£1,376 |
ROI | 4%4% |
Gross Yield | 7%7% |
Local Sold Prices
43 sold prices from £50K to £191K, average is £115K. £962/m² to £2.7K/m², average is £1.8K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£83K | 06/21 | 0 mi | 7, Thurlwood Croft, Westhoughton, Bolton, Greater Manchester BL5 3RF | £1,317 | 63 | 2 | Flat | |
£92.5K | 01/21 | 0 mi | 21, Thurlwood Croft, Westhoughton, Bolton, Greater Manchester BL5 3RF | £1,516 | 61 | 2 | Flat | |
£110K | 08/22 | 0.01 mi | 8, Thurlwood Croft, Westhoughton, Bolton, Greater Manchester BL5 3RF | £1,930 | 57 | 2 | Flat | |
£115K | 10/21 | 0.12 mi | Apartment 12, Durrington Place, Leigh Street, Westhoughton, Bolton, Greater Manchester BL5 3GZ | - | - | 2 | Flat | |
£117K | 05/23 | 0.14 mi | 25, Pavilion Gardens, Westhoughton, Bolton, Greater Manchester BL5 3AS | - | - | 2 | Flat | |
£92K | 10/22 | 0.51 mi | 2 Anderby Place, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3BT | £1,586 | 58 | 2 | Flat | |
£95.1K | 07/22 | 0.52 mi | 4 Anderby Place, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3BT | £1,829 | 52 | 2 | Flat | |
£105K | 04/21 | 0.58 mi | 24, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR | £1,879 | 56 | 2 | Flat | |
£101K | 03/21 | 0.58 mi | 43, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR | £1,603 | 63 | 2 | Flat | |
£119K | 07/21 | 0.6 mi | 11, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ | - | - | 2 | Flat | |
£122K | 12/22 | 0.6 mi | 14, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ | £2,023 | 60 | 2 | Flat | |
£119.5K | 03/23 | 0.6 mi | 3, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ | £2,134 | 56 | 2 | Flat | |
£125K | 11/22 | 0.61 mi | 19, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ | £2,083 | 60 | 2 | Flat | |
£50K | 03/21 | 0.62 mi | 32, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR | £962 | 52 | 2 | Flat | |
£115K | 04/21 | 0.62 mi | 68, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR | £2,031 | 57 | 2 | Flat | |
£130K | 06/23 | 0.62 mi | 66, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR | - | - | 2 | Flat | |
£124K | 06/23 | 0.62 mi | 45, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR | £2,175 | 57 | 2 | Flat | |
£97K | 04/21 | 0.62 mi | 12, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR | £1,732 | 56 | 2 | Flat | |
£120K | 05/22 | 0.62 mi | 37, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR | £1,875 | 64 | 2 | Flat | |
£130K | 02/23 | 0.62 mi | 3, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR | - | - | 2 | Flat | |
£124K | 09/22 | 0.62 mi | 12, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR | £2,214 | 56 | 2 | Flat | |
£130.2K | 12/22 | 0.62 mi | 58, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR | £2,001 | 65 | 2 | Flat | |
£112K | 06/21 | 0.63 mi | 38, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR | £1,531 | 73 | 2 | Flat | |
£101K | 03/21 | 0.63 mi | 43, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR | £1,603 | 63 | 2 | Flat | |
£97K | 04/21 | 0.63 mi | 12, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR | £1,732 | 56 | 2 | Flat | |
£126K | 08/22 | 0.63 mi | 16, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR | £2,211 | 57 | 2 | Flat | |
£96K | 12/20 | 0.63 mi | 34, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR | £1,684 | 57 | 2 | Flat | |
£96K | 12/20 | 0.63 mi | 34, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR | £1,684 | 57 | 2 | Flat | |
£86.5K | 04/21 | 0.71 mi | 4, Hunts Bank, Westhoughton, Bolton, Greater Manchester BL5 2LA | £1,311 | 66 | 2 | Flat | |
£191K | 06/21 | 0.72 mi | 13, Charlock Avenue, Westhoughton, Bolton, Greater Manchester BL5 2EF | - | - | 2 | Flat | |
£74K | 06/21 | 0.72 mi | 14, Alexandria Drive, Westhoughton, Bolton, Greater Manchester BL5 3HF | - | - | 2 | Flat | |
£80K | 06/21 | 0.72 mi | 34, Alexandria Drive, Westhoughton, Bolton, Greater Manchester BL5 3HF | £1,702 | 47 | 2 | Flat | |
£128K | 02/23 | 0.73 mi | 31, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE | £1,787 | 72 | 2 | Flat | |
£128K | 07/22 | 0.73 mi | 45, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE | £1,829 | 70 | 2 | Flat | |
£120K | 01/23 | 0.73 mi | 32, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE | £2,034 | 59 | 2 | Flat | |
£130K | 12/22 | 0.73 mi | 46, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE | £1,940 | 67 | 2 | Flat | |
£112.5K | 08/21 | 0.73 mi | 33, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE | £2,744 | 41 | 2 | Flat | |
£122K | 09/22 | 0.73 mi | 22, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE | £1,968 | 62 | 2 | Flat | |
£70K | 07/21 | 0.75 mi | 83, St Georges Avenue, Westhoughton, Bolton, Greater Manchester BL5 2EZ | £1,365 | 51 | 2 | Flat | |
£140K | 12/22 | 0.75 mi | 18, Netherwood Way, Westhoughton, Bolton, Greater Manchester BL5 3ZG | £2,182 | 64 | 2 | Flat | |
£117.5K | 02/21 | 0.75 mi | 8, Hatherlow Court, Westhoughton, Bolton, Greater Manchester BL5 3ZF | £1,610 | 73 | 2 | Flat | |
£99K | 04/21 | 0.75 mi | 23, Hatherlow Court, Westhoughton, Bolton, Greater Manchester BL5 3ZF | £1,125 | 88 | 2 | Flat | |
£98K | 12/20 | 0.75 mi | 20, Hatherlow Court, Westhoughton, Bolton, Greater Manchester BL5 3ZF | £1,607 | 61 | 2 | Flat |
Local Rents
17 rents from £485/mo to £950/mo, average is £795/mo.
Rent | Date | Distance | Address | Beds | Type | |
£795 | 12/24 | 0.11 mi | Gladstone Street, Westhoughton, Bolton | 2 | Flat | |
£650 | 12/24 | 0.12 mi | Church Street, Westhoughton | 2 | Flat | |
£795 | 12/24 | 0.12 mi | 73 Church Street, Westhoughton, Bolton, BL5 3RZ | 2 | Flat | |
£925 | 02/25 | 0.13 mi | - | 2 | Flat | |
£700 | 12/24 | 0.14 mi | Pavilion Gardens, Westhoughton | 2 | Flat | |
£875 | 02/25 | 0.15 mi | - | 2 | Semi-Detached House | |
£900 | 12/24 | 0.16 mi | - | 2 | Terraced House | |
£725 | 12/24 | 0.24 mi | 1 Alden Court, Albany Fold, Westhoughton, Bolton | 2 | Flat | |
£675 | 12/24 | 0.28 mi | The Loft, Church Street, Westhoughton, Bolton, BL5 3SX | 2 | Flat | |
£900 | 12/24 | 0.37 mi | Grove Cottages, Westoughton, Bolton | 2 | Flat | |
£485 | 12/24 | 0.39 mi | For people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL5 | 2 | Flat | |
£511 | 12/24 | 0.39 mi | For people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL5 | 2 | Flat | |
£750 | 12/24 | 0.49 mi | - | 2 | Terraced House | |
£800 | 12/24 | 0.49 mi | - | 2 | Terraced House | |
£850 | 12/24 | 0.58 mi | - | 2 | Terraced House | |
£900 | 12/24 | 0.61 mi | Wigan Road, Westhoughton, BL5 | 2 | Terraced House | |
£950 | 12/24 | 0.62 mi | - | 2 | Terraced House |
Local Area Statistics
Population in BL5 | 27,06427,064 |
Town centre distance | 0.25 miles away0.25 miles away |
Nearest school | 0.20 miles away0.20 miles away |
Nearest train station | 0.41 miles away0.41 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Sales demand | Buyer's marketBuyer's market |
Capital growth (5yrs) | +31%+31% |
Property History
Listed for £110,000
March 15, 2023
Sold for £139,950
2005
Description
- Top floor two bedroom apartment +
- One of Nine within a purpose built block of apartments +
- Cul De Sac Location off Tithe Barn Street +
- Communal garden areas & Allocated parking +
- Two double bedrooms - main with en suite +
- Small fitted kitchen/ open plan to Lounge/Diner +
- Three piece bathroom +
- Allocated parking +
Superb investment opportunity to acquire this mature top floor, two double bedroom apartment. Situated in a popular development off Tithe Barn Street, Westhoughton Bolton.
One of nine apartments with allocated parking plus plenty of additional on street parking. Within easy reach of a host of local daily amenities that Westhoughton town centre offers. Independent shops, pubs. Bars and restaurants all within walking distance. In addition Sainsburys, Aldi and Lidl supermarkets are all within a short drive.
Location
Situated just off Tithe Barn Street/Church Street. Within easy reach of Train station/ motorway links. Golf courses - Hart Common is within a short drive.
Full Details :
A communal entrance opens to to a modestly decorated reception hallway with wide stairs leading to Second floor landing. There are three apartments on each floor. Neutral decor and contrasting carpet. uPVC windows and sensor ceiling lights.
Full details:
Entrance hallway - dog legged with neutral decor and carpet . Two ceiling lights and access to loft- just insulated . Built in storage cupboard housing water tank plus additional storage cupboard with shelving. Economy seven radiator.
Lounge/dining kitchen: 4.86 m x 3.29 m +2.9 m x 3.12 m:
Spacious open plan lounge with neutral decor and carpet, ceiling light a Economy 7 radiator. uPVC double glazed French doors with Venetian blinds opening to Juliet balcony.
From lounge opening to fitted Kitchen 3.12 m x 2.09 m. Open access direct to kitchen with a range of wall and base beech effect units with contrasting work surfaces. Tiled splashback‘s, inset single, stainless steel sink with mixer tap and drainer. Plumbed for washing machine, integrated single electric oven with a four ring electric hob and extractor hood above. Space for fridge /freezer. Lino flooring and ceiling light. uPVC double glazed window with side aspects with Venetian blinds.
Bedroom One & Ensuite:3.78 m x 3.04 m:
Double bedroom with neutral decor and contrasting carpet, ceiling light and economy 7 radiator. uPVC double glazed window with vertical blinds and roller blinds.
Ensuite 1.83 m x 1.69 m:
Three-piece suite comprising bifold glazed shower cubicle with inset shower, pedestal wash basin with chrome fittings and glazed shelf above. Wall mounted light and two mirrors. Shaver point. WC, neutral decor and lino flooring. Wall mounted heated fan ,extractor fan and ceiling light.
Bedroom Two:3.79 m x 2.54 m:
Double bedroom with neutral, décor, carpet, radiator & ceiling light.
Family Bathroom: 2.03 m x 2.18 m:
Modern white suite comprising panelled bath with chrome fittings and inset shower above with glazed shower screen. Pedestal wash basin with chrome fittings, glazed shelf above, shaver point and wall light. WC, half tiled areas and fully tiled splash areas. Two glazed corner shelves. Wall mounted electric fan heater plus extractor fan. Ceiling light, lino flooring neutral decor.
Allocated parking for one vehicle.
Additional Information
Ground Rent : £150.00 p.a
Maintenance Charges £1,092.92 p.a
Management Company : Scanlans
Scanlans Property Mgmt LLP
3rd Floor, Boutlton House,
Chorlton St.,
Manchester,
M1 3HY
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.
All measurements are approximate.
All appliances, fixtures and fittings listed within details provided by PLM are 'as seen' and have not been tested by PLM nor have we sought certification of warranty or service, unless otherwise stated. It is in the buyer's interest to check the working condition of all appliances.