2 Bed Flat, Single Let, Bolton, BL7 9BX, £95,000

Spencers Wood, Bromley Cross, Bolton, BL7 9BX - 1 views - 10 months ago

Sold STC
Leasehold
BTL
ROI: 15%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£80K - £200K
Sold Prices/m²£1.3K/m² - £2.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.4K/m²

Value Estimate

£107,171
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£650 - £1,250

Rent Estimate

£850

Running Costs/mo

£487

Cashflow/mo

£363

Cashflow/yr

£4,358

ROI

15%

Gross Yield

11%

Local Sold Prices

21 sold prices from £80K to £200K, average is £145K. £1.3K/m² to £2.5K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£80K02/210 mi19, Spencers Wood, Bromley Cross, Bolton, Greater Manchester BL7 9BX2
£94.3K03/230 mi25, Spencers Wood, Bromley Cross, Bolton, Greater Manchester BL7 9BX2
£80K10/200 mi14, Spencers Wood, Bromley Cross, Bolton, Greater Manchester BL7 9BX2
£180K12/210.09 miApartment 12, The School House, School Street, Bromley Cross, Bolton, Greater Manchester BL7 9DS2
£182K08/230.09 miApartment 8, The School House, School Street, Bromley Cross, Bolton, Greater Manchester BL7 9DS2
£200K02/230.09 miApartment 12, The School House, School Street, Bromley Cross, Bolton, Greater Manchester BL7 9DS2
£151K11/220.14 mi126, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£115K02/210.14 mi109, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£185K07/220.14 mi201, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£175.5K08/220.14 mi116, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£145K08/210.14 mi203, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£115K02/210.14 mi109, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£180K12/200.14 mi6, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£138K02/210.14 mi126, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£145K10/230.14 mi304, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£129.9K05/220.29 mi6, Rushey Field, Bromley Cross, Bolton, Greater Manchester BL7 9HQ2
£97K11/220.41 mi132, Lords Stile Lane, Bromley Cross, Bolton, Greater Manchester BL7 9JZ2
£135K01/230.46 mi35, Clarendon Gardens, Bromley Cross, Bolton, Greater Manchester BL7 9GW2
£160K01/230.59 miApartment 315, Holden Mill, Blackburn Road, Bolton, Greater Manchester BL1 7PN2
£150K02/230.59 miApartment 237, Holden Mill, Blackburn Road, Bolton, Greater Manchester BL1 7PN2
£145K11/230.59 miApartment 519, Holden Mill, Blackburn Road, Bolton, Greater Manchester BL1 7QJ2

Local Rents

20 rents from £650/mo to £1.3K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£90012/240.14 miValley Mill, Bromley Cross, Bolton2
£95012/240.14 miCottonfields, Bolton2
£89512/240.14 miValley Mill - Eagley2
£85003/240.19 miOllerton Terrace, Bolton, BL12
£85003/240.19 miOllerton Terrace, Bolton, BL12
£90004/240.21 mi-2
£92502/250.21 mi-2
£85012/240.22 mi-2
£87512/240.26 miDarwen Road, Bromley Cross, Bolton, BL72
£65004/240.32 miWestcliffe Road, Highcourt, BL12
£90012/240.34 miDarwen Road, Bromley Cross, Bolton, BL7 9BQ2
£90004/250.39 mi-2
£1,10012/240.39 miBromley Cross Road, Bromley Cross, BL72
£70012/240.5 miClarendon Gardens, Bolton2
£1,10003/240.55 miSharples Avenue, Sharples, Bolton2
£89501/250.58 mi-2
£1,25012/240.59 miApartment 1, Chapeltown Road, Bromley Cross, Bolton2
£1,25012/240.59 miApartment 10, Chapeltown Road, Bromley Cross, Bolton2
£1,25012/240.59 miApartment 11, Chapeltown Road, Bromley Cross, Bolton2
£1,25012/240.59 miApartment 12, Chapeltown Road, Bromley Cross, Bolton2

Local Area Statistics

Population in BL7

15,289

Population in Bolton

217,471

Town centre distance

2.67 miles away

Nearest school

0.20 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+130%

Sales demand

Balanced market

Capital growth (5yrs)

+30%

Property History

Price changed to £95,000

March 20, 2025

Listed for £100,000

June 23, 2024

Floor Plans

Description

  • VIRTUAL VIEWING AVAILABLE. CLICK ON THE VIDEO TOUR ABOVE +
  • First Floor Apartment in the Desirable Eagley Rural Location +
  • Purpose Built and Self Contained, with Communal External Areas +
  • Open Plan Living Area, Two Bedroom and Bathroom +
  • Allocated Parking. +

This first-floor apartment situated in the desirable area of Eagley, surrounded by Eagley Brook and Spencers Wood to the rear makes it a fabulous place for a country walks and natural peace and quiet.

The accommodation comprises; communal external area, with the apartment being situated on the first floor with an inner hallway, open plan lounge & kitchen area and small balcony, two bedrooms and bathroom, externally there is secure footpath entrance and a separate electric gate vehicular access with allocated parking.
Leasehold information: Terms: 125 years (less one day) from March 2001
Current Ground Rent: £77.50 twice per year
Current Service/Maintenance Charges: £153.90 per month

Council Tax Information: Band C

Agent Note
In order to be able to purchase a property in the UK all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations. Farrell Heyworth outsource this check to a third party and a charge will apply. Please ask the branch for further details.

Agent Details

Farrell Heyworth, Chorley & South Ribble

01257 444415

Next Steps?

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