3 Bed Terraced House, Single Let, Bolton, BL6 5PQ, £195,000

Victoria Road, Horwich, Bolton, BL6 5PQ - 9 months ago

Sold STC
BTL
ROI: 1%
~82 m²
+13 photos

ValuationOvervalued

Sold Prices£100K - £355K
Sold Prices/m²£943/m² - £3.7K/m²

 

 

Square Metres

~81.60 m²
Price/m²£2.4K/m²

Value Estimate

£156,865

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£10,950

Total Cash In

£59,700

 

 

Cash Out

 

Rent Range

£850 - £1,300

Rent Estimate

£875

Running Costs/mo

£804

Cashflow/mo

£71

Cashflow/yr

£848

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £100K to £355K, average is £176.5K. £943/m² to £3.7K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£180K04/210 mi168, Victoria Road, Horwich, Bolton, Greater Manchester BL6 5PQ3
£147.5K03/210.02 mi195, Victoria Road, Horwich, Bolton, Greater Manchester BL6 5PJ3
£155K08/210.02 mi199, Victoria Road, Horwich, Bolton, Greater Manchester BL6 5PJ3
£244K08/230.04 mi8, Tansley Close, Horwich, Bolton, Greater Manchester BL6 5ER3
£175K09/210.04 mi7, Tansley Close, Horwich, Bolton, Greater Manchester BL6 5ER3
£143K04/210.05 mi40, Thirlmere Avenue, Horwich, Bolton, Greater Manchester BL6 6DS3
£178K02/230.05 mi53, Thirlmere Avenue, Horwich, Bolton, Greater Manchester BL6 6DS3
£148K04/210.05 mi44, Thirlmere Avenue, Horwich, Bolton, Greater Manchester BL6 6DS3
£170K11/230.05 mi35, Thirlmere Avenue, Horwich, Bolton, Greater Manchester BL6 6DS3
£132K06/230.06 mi18, Siemens Street, Horwich, Bolton, Greater Manchester BL6 5PR3
£182.5K09/230.09 mi160, Victoria Road, Horwich, Bolton, Greater Manchester BL6 5PE3
£121.5K03/210.11 mi310, Chorley New Road, Horwich, Bolton, Greater Manchester BL6 5PS3
£225K02/210.12 mi27, Bond Close, Horwich, Bolton, Greater Manchester BL6 5PZ3
£135K10/210.15 mi36, Fox Street, Horwich, Bolton, Greater Manchester BL6 5NZ3
£145K08/210.15 mi8, Fox Street, Horwich, Bolton, Greater Manchester BL6 5NZ3
£155K04/210.18 mi17, Webb Street, Horwich, Bolton, Greater Manchester BL6 5NS3
£183K04/210.18 mi11, Portland Place, Horwich, Bolton, Greater Manchester BL6 6BF3
£136K03/210.19 mi40, Penn Street, Horwich, Bolton, Greater Manchester BL6 5NR3
£170.5K09/210.19 mi1, Penn Street, Horwich, Bolton, Greater Manchester BL6 5NR3
£164K10/210.19 mi11, Penn Street, Horwich, Bolton, Greater Manchester BL6 5NR3
£155K03/210.19 mi29, Penn Street, Horwich, Bolton, Greater Manchester BL6 5NR3
£181K05/210.2 mi73, Victoria Road, Horwich, Bolton, Greater Manchester BL6 5ND3
£100K02/210.2 mi459, Chorley New Road, Horwich, Bolton, Greater Manchester BL6 6EJ3
£129K11/200.22 mi31, Ramsbottom Road, Horwich, Bolton, Greater Manchester BL6 5NH3
£150K04/210.22 mi23, Ramsbottom Road, Horwich, Bolton, Greater Manchester BL6 5NH3
£145K03/230.22 mi11, Ramsbottom Road, Horwich, Bolton, Greater Manchester BL6 5NH3
£203K03/240.22 mi8, Grosvenor Way, Horwich, Bolton, Greater Manchester BL6 6DJ3
£260K02/230.22 mi47, Gresley Avenue, Horwich, Bolton, Greater Manchester BL6 5TQ3
£233K02/210.25 mi19, Kensington Drive, Horwich, Bolton, Greater Manchester BL6 6AE3
£180K12/220.27 mi15, Melbourne Grove, Horwich, Bolton, Greater Manchester BL6 5NB3
£232.5K01/230.27 mi39, Melbourne Grove, Horwich, Bolton, Greater Manchester BL6 5NB3
£135K02/210.27 mi23, Melbourne Grove, Horwich, Bolton, Greater Manchester BL6 5NB3
£228.5K03/210.29 mi9, Melbourne Close, Horwich, Bolton, Greater Manchester BL6 6DL3
£240K11/200.3 mi53, Brooklands, Horwich, Bolton, Greater Manchester BL6 5RW3
£230K11/220.31 mi20, Medway Drive, Horwich, Bolton, Greater Manchester BL6 6BZ3
£118K01/210.32 mi1, Dale Street West, Horwich, Bolton, Greater Manchester BL6 6JU3
£255K04/210.32 mi1, Gresley Avenue, Horwich, Bolton, Greater Manchester BL6 5TQ3
£232.5K04/210.32 mi15, Gresley Avenue, Horwich, Bolton, Greater Manchester BL6 5TQ3
£217.8K02/230.32 mi14, Gresley Avenue, Horwich, Bolton, Greater Manchester BL6 5TQ3
£239.9K05/210.32 mi30, Gresley Avenue, Horwich, Bolton, Greater Manchester BL6 5TQ3
£190K08/230.35 mi20, Napier Drive, Horwich, Bolton, Greater Manchester BL6 6FZ3
£220K12/200.35 mi18, Nelson Street, Horwich, Bolton, Greater Manchester BL6 6BJ3
£355K09/210.35 mi15, The Strand, Horwich, Bolton, Greater Manchester BL6 6DB3
£225K09/230.36 mi6, Stocks Park Drive, Horwich, Bolton, Greater Manchester BL6 6BU3
£214K08/230.38 mi580, Chorley New Road, Horwich, Bolton, Greater Manchester BL6 6ES3
£135K03/210.38 mi555, Chorley New Road, Horwich, Bolton, Greater Manchester BL6 6JZ3
£134K01/210.41 mi16, Travers Street, Horwich, Bolton, Greater Manchester BL6 6EQ3
£150K03/210.41 mi15, Lancaster Avenue, Horwich, Bolton, Greater Manchester BL6 6ND3
£225K05/210.42 mi24, Mill Lane, Horwich, Bolton, Greater Manchester BL6 6AT3
£128K11/200.43 mi38, Brunswick Avenue, Horwich, Bolton, Greater Manchester BL6 6NQ3

Local Rents

11 rents from £850/mo to £1.3K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£90003/250.1 mi-3
£87502/240.18 mi-3
£92504/250.29 mi-3
£1,10003/240.29 mi-3
£1,00012/240.33 miNapier Drive, Horwich3
£87512/240.43 mi-3
£1,30012/240.5 mi-3
£1,15004/250.53 mi-3
£85012/240.59 miBrazley Avenue, Horwich3
£95004/250.6 mi-3
£1,19504/250.61 mi-3

Local Area Statistics

Population in BL6

29,345

Population in Bolton

217,471

Town centre distance

2.60 miles away

Nearest school

0.10 miles away

Nearest train station

1.07 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-28%

Sales demand

Balanced market

Capital growth (5yrs)

+42%

Property History

Listed for £195,000

August 7, 2024

Floor Plans

Description

  • Three bedrooms +
  • Superb four piece bathroom +
  • Two reception rooms +
  • Excellent modern kitchen +
  • Taken back to brick and fully renovated in recent years +
  • Very popular address with good access to Chorley New Road +
  • 2.2 miles to motorway junction (M61) +
  • 2 miles to Horwich train station +
  • Horwich centre 0.8 miles +

The Home: A great opportunity to acquire a three bedroom and two reception room home located on this very popular road and having been the subject of an extensive modernisation program. Our clients stripped the home back to brick and commenced re-plastering, rewiring, and renewing the joinery work, together with aesthetic changes of the kitchen and bathroom. These jobs were completed since 2018 and therefore means the property is ideal for those looking to find a home in ‘moving in’ condition. The rear yard is well orientated in terms of afternoon sun and it is worthy of note that there is a generous service road providing flexibility for parking and also the ability to create off-road parking if desired. Homes offering such characteristics have been generating strong levels of interest and an early viewing is strongly advised The seller informs us that the property is Freehold Council Tax Band A - £1,451.39  The Area: Victoria Road connects directly into Chorley New Road and also provides access via Church Street into Chorley Old Road which means the property is ideally placed for commuters. Many people are attracted to the town due to the excellent transport infrastructure including junction 6 of the M61 and a combination of Lostock, Horwich and Blackrod train stations. There are many amenities which serve the area such as primary and secondary schools, a popular small town centre with a good variety of shops which gels well with a large out of town retail development offering larger supermarkets etc. There are plenty of leisure facilities within the area and include a modern leisure centre with swimming pool, access to golf, tennis clubs and gyms, and with the great benefit of the general countryside that provides a lovely backdrop to the town.

Agent Details

Lancasters Estate Agents, Bolton

01204 326705

Next Steps?

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