2 Bed Flat, Single Let, Bolton, BL3 2NL, £85,000

Lilac Gardens, Bolton, Greater Manchester, BL3 2NL - 7 views - 9 months ago

Sold STC
BTL
ROI: 15%
~53 m²
+5 photos

ValuationFair Value

Sold Prices£56.5K - £169.6K
Sold Prices/m²£918/m² - £2.3K/m²

 

 

Square Metres

~53.40 m²
Price/m²£1.6K/m²

Value Estimate

£84,109

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£3,750

Total Cash In

£25,000

 

 

Cash Out

 

Rent Range

£700 - £1,200

Rent Estimate

£748

Running Costs/mo

£435

Cashflow/mo

£313

Cashflow/yr

£3,753

ROI

15%

Gross Yield

11%

Local Sold Prices

50 sold prices from £56.5K to £169.6K, average is £86K. £918/m² to £2.3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£72.5K10/200.01 mi306 Lilac Gardens, Ramswell Close, Bolton, Greater Manchester BL3 2NL2
£70K01/210.01 mi105 Lilac Gardens, Ramswell Close, Bolton, Greater Manchester BL3 2NL2
£155K10/220.46 mi155, Campbell Street, Farnworth, Bolton, Greater Manchester BL4 7HJ2
£79.5K06/220.76 mi19, Sidford Close, Bolton, Greater Manchester BL3 1RW2
£88K06/220.77 mi67, Dixon Green Drive, Farnworth, Bolton, Greater Manchester BL4 7EE2
£99K01/220.81 mi15, Glynne Street, Farnworth, Bolton, Greater Manchester BL4 7DN2
£77.5K12/200.92 mi33, Garswood Road, Bolton, Greater Manchester BL3 3FG2
£75K02/210.95 mi3, Reed Close, Farnworth, Bolton, Greater Manchester BL4 7EF2
£90K10/201.22 mi24, Pear Tree Place, Farnworth, Bolton, Greater Manchester BL4 9RX2
£93K10/201.22 mi17, Pear Tree Place, Farnworth, Bolton, Greater Manchester BL4 9RX2
£95K08/221.22 mi22, Pear Tree Place, Farnworth, Bolton, Greater Manchester BL4 9RX2
£95K02/221.23 mi9, Pear Tree Place, Farnworth, Bolton, Greater Manchester BL4 9RX2
£102K07/231.23 mi11, Pear Tree Place, Farnworth, Bolton, Greater Manchester BL4 9RX2
£100K01/231.23 mi24, Pear Tree Place, Farnworth, Bolton, Greater Manchester BL4 9RX2
£82.5K01/221.25 miFlat 10, Bridgeman House, Moorfield Chase, Farnworth, Bolton, Greater Manchester BL4 9DU2
£80K12/221.25 miFlat 5, Bridgeman House, Moorfield Chase, Farnworth, Bolton, Greater Manchester BL4 9DU2
£72K10/211.25 miFlat 20, Bridgeman House, Moorfield Chase, Farnworth, Bolton, Greater Manchester BL4 9DU2
£56.5K05/231.25 miFlat 25, The Old School Rooms, Great Moor Street, Bolton, Greater Manchester BL1 1NR2
£76K12/221.25 miFlat 17, The Old School Rooms, Great Moor Street, Bolton, Greater Manchester BL1 1NR2
£72K02/211.26 miFlat 6, Shaw House, Moorfield Chase, Farnworth, Bolton, Greater Manchester BL4 9DQ2
£87K09/221.27 miFlat 2, Lever House, Moorfield Chase, Farnworth, Bolton, Greater Manchester BL4 9DW2
£77K10/201.33 mi4, Ceres Chase, Farnworth, Bolton, Greater Manchester BL4 9EW2
£100K02/231.33 mi7, Ceres Chase, Farnworth, Bolton, Greater Manchester BL4 9EW2
£100K12/221.33 mi3, Ceres Chase, Farnworth, Bolton, Greater Manchester BL4 9EW2
£105K10/221.33 mi23, Ceres Chase, Farnworth, Bolton, Greater Manchester BL4 9EW2
£110K06/231.36 mi3, Ruskin Court, Farnworth, Bolton, Greater Manchester BL4 9EQ2
£90K11/221.36 mi8, Ruskin Court, Farnworth, Bolton, Greater Manchester BL4 9EQ2
£85K07/221.37 miFlat 6, Highfield Court, Masefield Drive, Farnworth, Bolton, Greater Manchester BL4 9TF2
£75K11/201.37 mi87, Buckley Lane, Farnworth, Bolton, Greater Manchester BL4 9PQ2
£169.6K06/221.44 mi5, Catterick Drive, Little Lever, Bolton, Greater Manchester BL3 1EL2
£120K12/221.47 mi8, Oakenbottom Road, Bolton, Greater Manchester BL2 6DG2
£70K12/201.47 mi52, Hatherleigh Walk, Bolton, Greater Manchester BL2 6TS2
£100K11/221.47 mi50, Hatherleigh Walk, Bolton, Greater Manchester BL2 6TS2
£82.5K06/211.48 mi140, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£82K04/211.48 mi142, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£82.5K06/211.48 mi140, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£142K01/231.51 mi18, Lydford Gardens, Bolton, Greater Manchester BL2 6TU2
£105K05/221.51 mi32, Kelstern Close, Bolton, Greater Manchester BL2 2PG2
£60K11/201.53 mi76, Willows Lane, Bolton, Greater Manchester BL3 4AB2
£97.5K07/221.61 mi188, Somerton Road, Bolton, Greater Manchester BL2 6TY2
£77K06/231.66 mi53, Dean Court, Bolton, Greater Manchester BL1 2SA2
£67K03/211.66 mi63, Dean Court, Bolton, Greater Manchester BL1 2SA2
£92.5K02/231.66 mi77, Dean Court, Bolton, Greater Manchester BL1 2SA2
£68.5K11/201.69 mi3, River View Court, Bolton, Greater Manchester BL2 2GY2
£80K02/211.69 mi32, Dean Court, Bolton, Greater Manchester BL1 2RY2
£68K12/201.69 mi10, Dean Court, Bolton, Greater Manchester BL1 2RY2
£105K03/231.73 mi17, Everside Close, Worsley, Manchester, Greater Manchester M28 3EY2
£78K04/211.73 mi34, Everside Close, Worsley, Manchester, Greater Manchester M28 3EY2
£120K12/201.74 mi74, Lentworth Drive, Worsley, Manchester, Greater Manchester M28 3EX2
£100K05/211.74 mi18, Lentworth Drive, Worsley, Manchester, Greater Manchester M28 3EX2

Local Rents

24 rents from £700/mo to £1.2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£87503/250.17 mi-2
£85002/250.23 mi-2
£79508/240.23 mi-2
£85012/240.32 miWoodgate Street, Bolton2
£70012/230.34 mi-2
£85003/250.35 mi-2
£1,20012/240.35 mi-2
£1,00003/250.35 mi-2
£85012/240.36 mi-2
£85012/240.36 mi-2
£70012/240.36 mi-2
£85011/240.38 mi-2
£85010/240.42 mi-2
£79502/240.43 mi-2
£79502/240.43 mi-2
£95004/250.44 mi-2
£85004/250.45 mi-2
£85003/250.47 mi-2
£85004/240.58 mi-2
£85004/240.58 miThorne Street, Bolton, BL42
£80012/240.59 mi-2
£75002/250.6 mi-2
£75002/250.6 mi-2
£92511/240.6 mi-2

Local Area Statistics

Population in BL3

63,785

Population in Bolton

217,471

Town centre distance

3.37 miles away

Nearest school

0.10 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+0%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £85,000

July 3, 2024

Floor Plans

Description

Modern two bedroom 2nd floor apartment, which is situated on a popular and convenient development. The property is ideally situated for commuting throughout the northwest: the A666 and good transport links are close by. Bolton town centre and the train station are also within easy reach.

The spacious accomodation briefly comprises of: entrance hall, with a security entry phone system, lounge/dining room, fitted kitchen with integrated fridge/freezer, washer dryer and dishwasher, bathroom with a modern three piece bathroom suite in white and two good size bedrooms. Externally there is a large laid to lawn communal garden to the rear. The property also benefits from gas central heating and uPVC double glazing.

Agent Details

Miller Metcalfe, Bolton

01204 958263

Next Steps?

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