2 Bed Terraced House, Refurb/BRRR, Westhoughton, BL5 3SF, £75,000

Church Street, Westhoughton, BL5 3SF - 595 views - 8 months ago

Leasehold
Refurb/BRRR
~180 m²
+4 photos

ValuationFair Value

Sold Prices£55K - £290K
Sold Prices/m²£821/m² - £3.9K/m²

 

 

Square Metres

~179.50 m²
Price/m²£418/m²

Value Estimate

£75,750

 

 

End Value (After Refurb)

£234,716

Uplift in Value

+213%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£18,750

Stamp Duty & Legal Fees

£3,450

Refurb Costs

£75,660

Bridging Loan Interest

£1,969

Total Cash In

£101,579

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£234,716

Agent Fees (1%)

£2,347

Bridging Loan

£56,250

Bridging Loan Interest

£1,969

Flip Profit

£74,540

Local Sold Prices

50 sold prices from £55K to £290K, average is £129.5K. £821/m² to £3.9K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£110K03/210.04 mi6, Winward Street, Westhoughton, Bolton, Greater Manchester BL5 3SG2
£165K11/220.05 mi5, Henry Street, Westhoughton, Bolton, Greater Manchester BL5 3SQ2
£120K03/210.06 mi73, Central Drive, Westhoughton, Bolton, Greater Manchester BL5 3DU2
£194K02/230.06 mi1, Balfern Fold, Westhoughton, Bolton, Greater Manchester BL5 3SJ2
£127K12/200.06 mi6, Gladstone Street, Westhoughton, Bolton, Greater Manchester BL5 3SH2
£119K01/210.06 mi10, Jutland Grove, Westhoughton, Bolton, Greater Manchester BL5 3TA2
£129K07/230.06 mi5, Jutland Grove, Westhoughton, Bolton, Greater Manchester BL5 3TA2
£107K10/200.06 mi7, Gladstone Street, Westhoughton, Bolton, Greater Manchester BL5 3SH2
£160K02/210.07 mi7, Cherwell Road, Westhoughton, Bolton, Greater Manchester BL5 3EY2
£120K04/210.09 mi29, Grundy Street, Westhoughton, Bolton, Greater Manchester BL5 3SB2
£127K02/210.1 mi3, Barn Hill Terrace, Westhoughton, Bolton, Greater Manchester BL5 3TE2
£141K10/210.1 mi135, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3SW2
£105K12/200.1 mi192, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3SX2
£160K03/230.11 mi212, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3SX2
£142.5K05/210.11 mi28, Collingwood Way, Westhoughton, Bolton, Greater Manchester BL5 3TS2
£125K02/210.11 mi188, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3SX2
£177K03/210.13 mi11, Moss Meadow, Westhoughton, Bolton, Greater Manchester BL5 3NX2
£110K10/210.13 mi2a, Peel Street, Westhoughton, Bolton, Greater Manchester BL5 3SP2
£89.5K12/210.15 mi2, Gerrard Street, Westhoughton, Bolton, Greater Manchester BL5 3TH2
£114.3K02/210.15 mi6, Gerrard Street, Westhoughton, Bolton, Greater Manchester BL5 3TH2
£55K05/210.17 mi20, Wesley Street, Westhoughton, Bolton, Greater Manchester BL5 3ST2
£169.5K12/220.17 mi36, King Street, Westhoughton, Bolton, Greater Manchester BL5 3AX2
£125K06/210.18 mi14, Cemetery Street, Westhoughton, Bolton, Greater Manchester BL5 3TL2
£132.5K06/230.18 mi4, King Street, Westhoughton, Bolton, Greater Manchester BL5 3AX2
£110K04/210.18 mi23, King Street, Westhoughton, Bolton, Greater Manchester BL5 3AX2
£148K01/210.22 mi70, Collingwood Way, Westhoughton, Bolton, Greater Manchester BL5 3TT2
£290K12/200.25 mi38, Cherwell Road, Westhoughton, Bolton, Greater Manchester BL5 3TX2
£130K02/210.28 mi27, School Street, Westhoughton, Bolton, Greater Manchester BL5 2BG2
£120K11/200.28 mi64, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3DN2
£134K10/200.28 mi68, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3DN2
£130K03/210.28 mi72, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3DN2
£70K03/210.3 mi22, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3DG2
£180K06/230.33 mi23, Wharfedale, Westhoughton, Bolton, Greater Manchester BL5 3DP2
£112K01/210.34 mi128, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3DX2
£139K07/210.34 mi1, Part Street, Westhoughton, Bolton, Greater Manchester BL5 3QN2
£150K03/210.34 mi79, Wigan Road, Westhoughton, Bolton, Greater Manchester BL5 3RD2
£87.5K08/210.36 mi10, Esther Fold, Westhoughton, Bolton, Greater Manchester BL5 3RR2
£157K11/200.38 mi171, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3EB2
£157K11/200.41 mi171, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3EB2
£128K11/200.41 mi332, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3QQ2
£87.5K02/210.41 mi302, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3QQ2
£180K03/230.42 mi12, Templeton Close, Westhoughton, Bolton, Greater Manchester BL5 3RP2
£170K05/230.43 mi178, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3EE2
£125K04/210.44 mi121, Manchester Road, Westhoughton, Bolton, Greater Manchester BL5 3LJ2
£133K01/210.44 mi39, Glazebury Drive, Westhoughton, Bolton, Greater Manchester BL5 3JB2
£126K11/200.44 mi16, Greensmith Way, Westhoughton, Bolton, Greater Manchester BL5 3BR2
£107K12/220.44 mi47, Greensmith Way, Westhoughton, Bolton, Greater Manchester BL5 3BR2
£150K05/210.44 mi24, Rosebery Street, Westhoughton, Bolton, Greater Manchester BL5 2LN2
£175K12/220.45 mi61, Greensmith Way, Westhoughton, Bolton, Greater Manchester BL5 3BR2
£140K02/230.48 mi140, Wigan Road, Westhoughton, Bolton, Greater Manchester BL5 3RQ2

Local Rents

16 rents from £485/mo to £925/mo, average is £760/mo.

RentDateDistanceAddressBeds 
£90012/240.04 mi-2
£87502/250.06 mi-2
£79512/240.06 miGladstone Street, Westhoughton, Bolton2
£79512/240.07 mi73 Church Street, Westhoughton, Bolton, BL5 3RZ2
£65012/240.07 miChurch Street, Westhoughton2
£67512/240.11 miThe Loft, Church Street, Westhoughton, Bolton, BL5 3SX2
£48512/240.22 miFor people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL52
£51112/240.22 miFor people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL52
£92502/250.3 mi-2
£70012/240.3 miPavilion Gardens, Westhoughton2
£72512/240.38 mi1 Alden Court, Albany Fold, Westhoughton, Bolton2
£85012/240.41 mi-2
£90012/240.51 miGrove Cottages, Westoughton, Bolton2
£85001/250.52 mi-2
£70012/240.58 miChorley Road, Westhoughton, BL52
£72512/240.59 miSt Johns Court, Chorley Road, Westhoughton, Bolton, BL52

Local Area Statistics

Population in BL5

27,064

Town centre distance

0.08 miles away

Nearest school

0.10 miles away

Nearest train station

0.24 miles away

 

 

Rental demand

Landlord's market

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Listed for £75,000

July 31, 2024

Floor Plans

Description

  • Two Bedroom Mid Terraced Property +

  • PROBATE APPLICATION PENDING +

  • FULLY RENOVATION NEEDED +

  • TWO RECEPTION ROOM +

  • Parking To Rear +

  • Central Westhoughton +

  • NO ONWARD CHAIN +

  • ENQUIRIES CONTACT +

NO FURTHER VIEWINGS TAKING PLACE DUE TO SEVERAL OFFERS BEING RECEIVED

 

Adore Properties are pleased to offer this two bedroom mid terrace would be ideal for an investor, or someone looking to put their own stamp on a property. It comprises spacious living room, dining room and kitchen, two generous bedrooms, family bathroom, terraced garden to the front and courtyard to the rear, and is located in a sought after area, close to local transport links, schools, shops and amenities.

 

ROOM DIMENSIONS:

 

Lounge 3.6M x 3.3M

Dining Room 4.3M x 3.9M

Kitchen 2.8M x 2.0M

Master Bedroom 4.4M x 3.6M

Second Bedroom 4.0M x 3.4M

Bathroom 2.8M x 2.0M

 

COUNCIL TAX BAND A

 

Disclaimer

All Properties

All appliances, apparatus, equipment, fixtures and fittings listed in these details are only 'as seen' and have not been tested by Adore Properties, nor have we sought certification of warranty or service, unless otherwise stated. It is in the buyer's or renter's interests to check the working condition of all appliances. Any floor plans and/or measurements provided are given as a general guide to room layout and design only. They are supplied for guidance only - they are not exact and must not be relied upon for any purpose, and therefore must be considered incorrect. As a potential buyer or future tenant  you are advised to recheck the measurements before committing to any expense. All details are offered on the understanding that all negotiations are to be made through this company. Neither these particulars, nor verbal representations, form part of any offer or contract, and their accuracy cannot be guaranteed. Adore Properties has not sought to verify the legal title of the property and any buyer or future tenant must obtain verification from their solicitor or at least be satisfied prior to contract.

Agent Details

Adore Properties, Bolton

01204 929663

Next Steps?

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