3 Bed Terraced House, Refurb/BRRR, Bolton, BL2 1PN, £149,950

15 St Stephens Close, Bolton, Greater Manchester, BL2 1PN - 25 views - 10 months ago

Under Offer
Refurb/BRRR
ROI: 8%
69 m²
+10 photos

ValuationOvervalued

Sold Prices£80K - £285K
Sold Prices/m²£901/m² - £3K/m²

 

 

Square Metres

69 m²
Price/m²£2.2K/m²

Value Estimate

£136,056

 

 

End Value (After Refurb)

£144,738

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,488

Stamp Duty & Legal Fees

£5,699

Refurb Costs

£29,176

Bridging Loan Interest

£3,936

Total Cash In

£78,048

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£144,738

Mortgage (After Refinance)

£108,554

Mortgage LTV

75%

Cash Left In

£78,048

Equity

£36,185

Rent Range

£447 - £3,000

Rent Estimate

£1,230

Running Costs/mo

£718

Cashflow/mo

£512

Cashflow/yr

£6,140

ROI

8%

Gross Yield

10%

Local Sold Prices

50 sold prices from £80K to £285K, average is £158K. £901/m² to £3K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£160K11/210.1 mi124, Radcliffe Road, Bolton, Greater Manchester BL2 1PE3
£178K04/210.19 mi1, The Grove, Bolton, Greater Manchester BL2 1LZ3
£210K01/230.21 mi22, Whiston Drive, Bolton, Greater Manchester BL2 1PD3
£215K05/210.21 mi22, Whiston Drive, Bolton, Greater Manchester BL2 1PD3
£175K06/210.24 mi8, Trillo Avenue, Bolton, Greater Manchester BL2 1LU3
£165K02/210.24 mi9, Trillo Avenue, Bolton, Greater Manchester BL2 1LU3
£222K04/230.25 mi167, Radcliffe Road, Bolton, Greater Manchester BL2 1NZ3
£135K03/210.25 mi7, Sidford Close, Bolton, Greater Manchester BL3 1RW3
£162K02/210.26 mi1, Hope Avenue, Bolton, Greater Manchester BL2 1LT3
£200K05/210.27 mi89, Bromwich Street, Bolton, Greater Manchester BL2 1LJ3
£230K01/210.27 mi145, Bromwich Street, Bolton, Greater Manchester BL2 1LJ3
£175K02/210.27 mi109, Bromwich Street, Bolton, Greater Manchester BL2 1LJ3
£168K12/200.28 mi52, Strawberry Hill Road, Bolton, Greater Manchester BL2 1LP3
£86.5K11/200.34 mi67, Bradford Park Drive, Bolton, Greater Manchester BL2 1PA3
£175K05/230.34 mi10, Bradford Park Drive, Bolton, Greater Manchester BL2 1PA3
£148K11/200.36 mi4, Bramcote Avenue, Bolton, Greater Manchester BL2 1LF3
£265K02/210.48 mi121, Radcliffe Road, Bolton, Greater Manchester BL2 1NU3
£230K11/200.49 mi68, Whiteoak View, Bolton, Greater Manchester BL3 1ST3
£118K03/210.51 mi76, Hilden Street, Bolton, Greater Manchester BL2 1JD3
£80.5K05/230.53 mi5, Clegg Street, Bolton, Greater Manchester BL2 6BL3
£96.5K07/230.55 mi83, Tonge Fold Road, Bolton, Greater Manchester BL2 6AN3
£275K10/220.56 mi42, Laurel Avenue, Bolton, Greater Manchester BL3 1AS3
£80K07/210.57 mi25, Luton Street, Bolton, Greater Manchester BL3 2QU3
£142K11/200.57 mi9, Hilden Street, Bolton, Greater Manchester BL2 1JA3
£230K06/210.59 mi19, Laurel Avenue, Bolton, Greater Manchester BL3 1AS3
£185K11/210.59 mi46, Laurel Avenue, Bolton, Greater Manchester BL3 1AS3
£195K12/200.59 mi7, Laurel Avenue, Bolton, Greater Manchester BL3 1AS3
£127K02/230.6 mi7, Chiltern Drive, Bolton, Greater Manchester BL2 6AP3
£137K02/210.6 mi42, Chiltern Drive, Bolton, Greater Manchester BL2 6AP3
£285K09/220.61 mi14, Elder Drive, Bolton, Greater Manchester BL3 1AT3
£127K06/230.63 mi142, Bradford Street, Bolton, Greater Manchester BL2 1JS3
£232K11/210.64 mi59, Oakenbottom Road, Bolton, Greater Manchester BL2 6DQ3
£185K10/200.64 miNorwood, Oakenbottom Road, Bolton, Greater Manchester BL2 6DQ3
£156K08/210.67 mi159, Long Lane, Bolton, Greater Manchester BL2 6EU3
£146K08/210.67 mi17, The Sheddings, Bolton, Greater Manchester BL3 2JN3
£105K04/210.67 mi67, Crescent Road, Bolton, Greater Manchester BL3 2JP3
£125K07/230.67 mi7, Crescent Road, Bolton, Greater Manchester BL3 2JP3
£195K02/210.7 mi3, Kearsley Drive, Bolton, Greater Manchester BL3 2PG3
£137.5K11/210.73 mi40, Skipton Street, Bolton, Greater Manchester BL2 2PR3
£112.5K01/210.74 mi3, Sandhurst Court, Bolton, Greater Manchester BL2 6HQ3
£140K03/210.77 mi97, Blenheim Road, Bolton, Greater Manchester BL2 6EL3
£132K06/210.77 mi87, Blenheim Road, Bolton, Greater Manchester BL2 6EL3
£150K10/200.79 mi11, Blenheim Road, Bolton, Greater Manchester BL2 6EA3
£180K07/210.79 mi33, Blenheim Road, Bolton, Greater Manchester BL2 6EA3
£82K04/230.8 mi262, Crescent Road, Bolton, Greater Manchester BL3 2LZ3
£145K06/210.8 mi351, Crescent Road, Bolton, Greater Manchester BL3 2NA3
£111K03/210.8 mi16, Stanworth Avenue, Bolton, Greater Manchester BL2 6EN3
£145K05/210.81 mi38, Hypatia Street, Bolton, Greater Manchester BL2 6AA3
£130K12/220.81 mi32, Rowena Street, Bolton, Greater Manchester BL3 2PW3
£220K12/220.82 mi72, Crompton Way, Bolton, Greater Manchester BL2 2SD3

Local Rents

48 rents from £447/mo to £3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.32 miOrmond Street, Bolton, Greater Manchester, BL3 1SL3
£1,10003/240.34 mi-3
£1,10003/240.34 mi-3
£1,30004/240.38 miBramcote Avenue, Bolton, BL2 1LF3
£1,00003/240.41 miSharnford Close, Bolton, BL23
£97511/240.61 mi-3
£1,25004/250.62 mi-3
£44704/240.66 miBirkleigh Walk, Bolton, BL2 6SA3
£1,10002/250.67 mi-3
£1,30003/240.68 miThe Globe Works, Bolton, BL23
£1,35004/240.69 mi-3
£1,35004/240.69 miIlkley Close, Bolton, BL23
£3,00004/240.69 mi-3
£2,60005/240.69 mi-3
£2,70011/240.69 mi-3
£2,60004/250.69 mi-3
£90010/240.69 mi-3
£90010/240.69 mi-3
£1,10012/240.72 miBeehive Mill, Bolton, BL33
£97503/240.73 miJethro Street, Bolton, BL23
£1,12512/240.74 miBeehive Mill, Bolton, BL33
£92512/240.78 mi-3
£90012/240.78 mi-3
£95012/230.82 mi-3
£1,10003/250.82 mi-3
£1,25012/240.84 mi-3
£1,12512/240.86 mi-3
£95002/240.94 mi-3
£1,20001/250.94 mi-3
£1,10011/230.95 mi-3
£95004/240.98 miLittlebrooke Close, Bolton, BL23
£95004/240.98 miLittlebrooke Close, Bolton, BL23
£95005/240.98 mi-3
£1,20003/251 mi-3
£1,20003/251.01 mi-3
£1,40005/241.02 mi-3
£1,20005/241.04 mi-3
£99502/251.05 mi-3
£2,99905/241.14 mi-3
£95003/241.14 miKingston Avenue, Bolton3
£1,10011/241.14 mi-3
£88011/241.16 mi-3
£85006/241.17 mi-3
£85005/241.17 miClifton Street, Farnworth, Bolton, BL43
£1,20003/251.17 mi-3
£89503/241.18 miCampbell Street, Farnworth, Bolton3
£85004/241.22 miWinchester Way, Bolton, BL23
£85005/241.22 miWinchester Way, Bolton, BL23

Local Area Statistics

Population in BL2

45,845

Population in Bolton

217,471

Town centre distance

3.20 miles away

Nearest school

0.10 miles away

Nearest train station

0.79 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+43%

Property History

Price changed to £149,950

March 12, 2025

Price changed to £139,950

December 4, 2024

Listed for £149,950

June 27, 2024

Sold for £97,000

2007

Description

  • Three Bedroom Mews Property +
  • Spacious property throughout +
  • Close to Shops, Schools and Amenities +
  • OFFERED WITH NO ONWARD CHAIN +
  • In Need of Some Renovation +
  • Viewing Highly Recommended +

Mistoria Estate Agents are delighted to offer For Sale this attractive Mews Property. This three-bedroom family home is sold chain free and must not be missed!
This property briefly comprises of entrance vestibule, hallway, lounge, kitchen / diner to the ground floor.
To the first floor are three bedrooms and family shower room.
Externally the property has a flagged frontage and a rear patio garden
With the benefit of an external garage early viewing is recommended

Occupying a quiet position the property has good local schooling and easy access to local transport links and in a sought after location.

Viewing by appointment only.

ENTRANCE VESTIBULE

This property is entered via a front facing UPVc door, front facing window and laminate flooring.

ENTRANCE HALLWAY - Radiator, glass door, staircase to first floor, laminate flooring and centre ceiling light.

LOUNGE 14`8 X 11`8 - This spacious lounge comprising electric fire with wooden surround, double radiator, power points, front facing window, Tv point, oak laminate flooring, coving and understair storage cupboard.

KITCHEN / DINER 15 X 9`4 - This kitchen is fitted with laminate wall and base units with grey roll top surfaces, stainless steel sink, built in electric oven with electric hob, extractor fan, space for fridge / freezer, plumbing for washing machine, two rear facing windows, rear facing UPVC door, radiator, power points, oak laminate flooring and two centre ceiling lights.

LANDING - Wooden handrail, access to loft space and centre ceiling light.

MASTER BEDROOM 13`0 x 8`9 - This spacious double master bedroom has a window to the rear elevation, radiator, power points, space for fitted wardrobes, grey laminate flooring and centre ceiling light.

BEDROOM TWO 5`9 X 10`5 - Fitted wardrobes, power points, radiator, front facing window, laminate and centre ceiling light.

BEDROOM THREE 5`9 X 7`3 - Window to the front elevation, radiator, power points, fitted wardrobes and centre ceiling light.

FAMILY BATHROOM 7`8 X 5`4 - This family bathroom has a separate shower cubicle with electric shower, pedestal sink, low level Wc, fully tiled walls, grey tiled floor, radiator and spot lights.

FRONT - Wooden gate leading to Flagged front garden.

REAR - Flagged rear garden.

GARAGE - Up and over door.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Mistoria Estate Agents Bolton Ltd, Bolton

01204 952883

Next Steps?

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