3 Bed Semi-Detached House, Refurb/BRRR, Leigh, WN7 3DG, £160,000

312D38 Lord Street, Leigh, WN7 1AB - 2 views - 10 months ago

Sold STC
Refurb/BRRR
ROI: 1%
~116 m²
+18 photos

ValuationFair Value

Sold Prices£90K - £330K
Sold Prices/m²£1K/m² - £3.2K/m²

 

 

Square Metres

~115.60 m²
Price/m²£1.4K/m²

Value Estimate

£160,000

 

 

End Value (After Refurb)

£204,364

Uplift in Value

+28%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Refurb Costs

£48,726

Bridging Loan Interest

£4,200

Total Cash In

£103,876

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£204,364

Mortgage (After Refinance)

£153,273

Mortgage LTV

75%

Cash Released

£33,273

Cash Left In

£70,603

Equity

£51,091

Rent Range

£700 - £995

Rent Estimate

£891

Running Costs/mo

£837

Cashflow/mo

£54

Cashflow/yr

£650

ROI

1%

Gross Yield

7%

Local Sold Prices

49 sold prices from £90K to £330K, average is £165K. £1K/m² to £3.2K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£180K08/210.03 mi6a, Entwistle Grove, Leigh, Greater Manchester WN7 3DQ3
£230K02/230.03 mi11, Entwistle Grove, Leigh, Greater Manchester WN7 3DQ3
£185K02/210.06 mi14, Butts Avenue, Leigh, Greater Manchester WN7 3DH3
£200K10/230.06 mi28, Butts Avenue, Leigh, Greater Manchester WN7 3DH3
£220K06/240.06 mi22, Calow Drive, Leigh, Greater Manchester WN7 3DA3
£275K12/220.06 mi32, Calow Drive, Leigh, Greater Manchester WN7 3DA3
£165K12/230.07 mi19, Hooten Lane, Leigh, Greater Manchester WN7 3BY3
£154K12/230.07 mi32, Hooten Lane, Leigh, Greater Manchester WN7 3BY3
£130K11/200.11 mi58, South Avenue, Hope Carr, Leigh, Greater Manchester WN7 3BU3
£199K05/230.12 mi2, Bettison Avenue, Leigh, Greater Manchester WN7 3DB3
£101K05/230.13 mi2, South Avenue, Hope Carr, Leigh, Greater Manchester WN7 3BL3
£208K07/210.18 mi35, Alderley Lane, Leigh, Greater Manchester WN7 3DN3
£212K04/210.18 mi21, Alderley Lane, Leigh, Greater Manchester WN7 3DN3
£200K11/200.18 mi17, Alderley Lane, Leigh, Greater Manchester WN7 3DN3
£210K06/240.18 mi5, Alderley Lane, Leigh, Greater Manchester WN7 3DN3
£206K05/210.24 mi22, Sandersons Croft, Leigh, Greater Manchester WN7 2BA3
£122.5K07/240.25 mi141, Hurst Street, Leigh, Greater Manchester WN7 3AN3
£105.3K02/210.25 mi22, Georgian Court, Leigh, Greater Manchester WN7 2EG3
£130K02/230.25 mi5, Arrow Street, Leigh, Greater Manchester WN7 3AR3
£168.5K01/210.26 mi95, Sandersons Croft, Leigh, Greater Manchester WN7 2BB3
£193K09/230.26 mi89, Sandersons Croft, Leigh, Greater Manchester WN7 2BB3
£128K09/210.29 mi204, Hope Carr Road, Leigh, Greater Manchester WN7 3AL3
£120K01/210.31 mi6, Archer Street, Leigh, Greater Manchester WN7 3AT3
£130K03/230.32 mi36, Dakins Road, Leigh, Greater Manchester WN7 3AU3
£145K12/200.32 mi58, Dakins Road, Leigh, Greater Manchester WN7 3AU3
£238K12/200.33 mi3, Bowden Close, Leigh, Greater Manchester WN7 3DX3
£196K03/210.33 mi197, Warrington Road, Leigh, Greater Manchester WN7 3XD3
£145K11/210.33 mi14, Boundary Street, Leigh, Greater Manchester WN7 2AT3
£145K12/230.34 mi138, Hurst Street, Leigh, Greater Manchester WN7 3BA3
£156K08/230.36 mi85, Manchester Road, Leigh, Greater Manchester WN7 2LE3
£105K06/210.37 mi22, Edale Road, Leigh, Greater Manchester WN7 2BD3
£91K04/210.37 mi6, Edale Road, Leigh, Greater Manchester WN7 2BD3
£114K07/230.41 mi15, Clifford Street, Leigh, Greater Manchester WN7 2BS3
£248K07/230.42 mi199, Warrington Road, Leigh, Greater Manchester WN7 3XG3
£150K06/230.42 mi281, Warrington Road, Leigh, Greater Manchester WN7 3XG3
£184K04/230.43 mi67, Ennerdale Road, Leigh, Greater Manchester WN7 2TA3
£140K12/230.45 mi44, Rothay Street, Leigh, Greater Manchester WN7 2DS3
£117.5K07/230.45 mi42, Rothay Street, Leigh, Greater Manchester WN7 2DS3
£249K04/210.46 mi145, Manchester Road, Leigh, Greater Manchester WN7 2LL3
£90K07/240.47 mi505, Holden Road, Leigh, Greater Manchester WN7 2JJ3
£233K03/230.47 mi483, Holden Road, Leigh, Greater Manchester WN7 2JJ3
£156K01/240.5 mi253, York Street, Leigh, Greater Manchester WN7 2NE3
£132K09/230.51 mi21, Lingard Street, Leigh, Greater Manchester WN7 2AQ3
£160K04/210.52 mi6, Queens Gardens, Leigh, Greater Manchester WN7 2JH3
£135K08/230.52 mi112, Ennerdale Road, Leigh, Greater Manchester WN7 2TB3
£178K05/210.52 mi8, Green Lane, Leigh, Greater Manchester WN7 2TD3
£190K07/230.52 mi16, Green Lane, Leigh, Greater Manchester WN7 2TD3
£330K03/230.52 mi20, Green Lane, Leigh, Greater Manchester WN7 2TD3
£310K06/230.53 mi30, Kenwood Avenue, Leigh, Greater Manchester WN7 2LN3

Local Rents

10 rents from £700/mo to £995/mo, average is £910/mo.

RentDateDistanceAddressBeds 
£95012/240.18 mi-3
£94511/240.23 mi-3
£87511/240.26 mi-3
£89502/250.38 mi-3
£70002/250.38 mi-3
£92511/240.39 miManchester Road, Leigh3
£97502/250.4 mi-3
£85011/240.54 mi-3
£99502/250.55 mi-3
£79511/240.6 miMiriam Grove, Leigh3

Local Area Statistics

Population in WN7

47,819

Town centre distance

188.01 miles away

Nearest school

0.10 miles away

Nearest train station

2.88 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Price changed to £160,000

February 20, 2025

Listed for £170,000

June 25, 2024

Floor Plans

Description

  • NO CHAIN +
  • THREE BEDROOMS +
  • CLOSE TO LOCAL SCHOOL +
  • TWO RECEPTON ROOMS +

NO CHAIN & CLOSE TO LOCAL SCHOOL - HUNTERS are delighted to market for sale a three bedroom semi detached home with TWO RECEPTION ROOMS situated in a popular residential location of Leigh close to local schools and East Lancs for commuting. The property is in need of some updating throughout but would be perfect for any buyers who want to put their own stamp on a property. In brief the property comprises of - entrance, lounge, dining room, kitchen, three bedrooms, bathroom and rear garden. The property is double glazed and is without gas central heating.

Tenure - TBC
Council tax band - A

Entrance -

Lounge - 4.35 x 4.05 (14'3" x 13'3") -

Dining Room - 3.22 x 3.67 (10'6" x 12'0") -

Kitchen - 2.70 x 2.18 (8'10" x 7'1") -

Landing -

Bedroom One - 4.61 x 3.17 (15'1" x 10'4") -

Bedroom Two - 3.21 x 3.66 (10'6" x 12'0") -

Bedroom Three - 2.33 x 1.80 (7'7" x 5'10") -

Bathroom -

Rear Garden -

Agent Details

Hunters, Leigh

01942 925792

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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