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

14 Thurlwood Croft, Bolton, Greater Manchester, BL5 3RF - 8 views - 2 years ago

Under Offer
Leasehold
Negative Equity
ROI: 4%
50 m²
+7 photos

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

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£485 - £950

Rent Estimate

£598

Running Costs/mo

£483

Cashflow/mo

£115

Cashflow/yr

£1,376

ROI

4%

Gross Yield

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.

PriceDateDistanceAddressBeds 
£83K06/210 mi7, Thurlwood Croft, Westhoughton, Bolton, Greater Manchester BL5 3RF2
£92.5K01/210 mi21, Thurlwood Croft, Westhoughton, Bolton, Greater Manchester BL5 3RF2
£110K08/220.01 mi8, Thurlwood Croft, Westhoughton, Bolton, Greater Manchester BL5 3RF2
£115K10/210.12 miApartment 12, Durrington Place, Leigh Street, Westhoughton, Bolton, Greater Manchester BL5 3GZ2
£117K05/230.14 mi25, Pavilion Gardens, Westhoughton, Bolton, Greater Manchester BL5 3AS2
£92K10/220.51 mi2 Anderby Place, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3BT2
£95.1K07/220.52 mi4 Anderby Place, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3BT2
£105K04/210.58 mi24, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£101K03/210.58 mi43, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£119K07/210.6 mi11, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ2
£122K12/220.6 mi14, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ2
£119.5K03/230.6 mi3, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ2
£125K11/220.61 mi19, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ2
£50K03/210.62 mi32, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR2
£115K04/210.62 mi68, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR2
£130K06/230.62 mi66, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR2
£124K06/230.62 mi45, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£97K04/210.62 mi12, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£120K05/220.62 mi37, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£130K02/230.62 mi3, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£124K09/220.62 mi12, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£130.2K12/220.62 mi58, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR2
£112K06/210.63 mi38, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£101K03/210.63 mi43, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£97K04/210.63 mi12, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£126K08/220.63 mi16, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£96K12/200.63 mi34, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£96K12/200.63 mi34, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£86.5K04/210.71 mi4, Hunts Bank, Westhoughton, Bolton, Greater Manchester BL5 2LA2
£191K06/210.72 mi13, Charlock Avenue, Westhoughton, Bolton, Greater Manchester BL5 2EF2
£74K06/210.72 mi14, Alexandria Drive, Westhoughton, Bolton, Greater Manchester BL5 3HF2
£80K06/210.72 mi34, Alexandria Drive, Westhoughton, Bolton, Greater Manchester BL5 3HF2
£128K02/230.73 mi31, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£128K07/220.73 mi45, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£120K01/230.73 mi32, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£130K12/220.73 mi46, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£112.5K08/210.73 mi33, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£122K09/220.73 mi22, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£70K07/210.75 mi83, St Georges Avenue, Westhoughton, Bolton, Greater Manchester BL5 2EZ2
£140K12/220.75 mi18, Netherwood Way, Westhoughton, Bolton, Greater Manchester BL5 3ZG2
£117.5K02/210.75 mi8, Hatherlow Court, Westhoughton, Bolton, Greater Manchester BL5 3ZF2
£99K04/210.75 mi23, Hatherlow Court, Westhoughton, Bolton, Greater Manchester BL5 3ZF2
£98K12/200.75 mi20, Hatherlow Court, Westhoughton, Bolton, Greater Manchester BL5 3ZF2

Local Rents

17 rents from £485/mo to £950/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£79512/240.11 miGladstone Street, Westhoughton, Bolton2
£65012/240.12 miChurch Street, Westhoughton2
£79512/240.12 mi73 Church Street, Westhoughton, Bolton, BL5 3RZ2
£92502/250.13 mi-2
£70012/240.14 miPavilion Gardens, Westhoughton2
£87502/250.15 mi-2
£90012/240.16 mi-2
£72512/240.24 mi1 Alden Court, Albany Fold, Westhoughton, Bolton2
£67512/240.28 miThe Loft, Church Street, Westhoughton, Bolton, BL5 3SX2
£90012/240.37 miGrove Cottages, Westoughton, Bolton2
£48512/240.39 miFor people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL52
£51112/240.39 miFor people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL52
£75012/240.49 mi-2
£80012/240.49 mi-2
£85012/240.58 mi-2
£90012/240.61 miWigan Road, Westhoughton, BL52
£95012/240.62 mi-2

Local Area Statistics

Population in BL5

27,064

Town centre distance

0.25 miles away

Nearest school

0.20 miles away

Nearest train station

0.41 miles away

 

 

Rental demand

Landlord's market

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Listed for £110,000

-27%

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.

Agent Details

PLM, Bolton

01204 383700

Next Steps?

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