3 Bed Semi-Detached House, Single Let, Bolton, BL6 4AY, £170,000

Oxford Road, Lostock, Bolton, Greater Manchester, BL6 4AY - 7 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£101K - £435K
Sold Prices/m²£1K/m² - £5.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£206,785
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£850 - £1,600

Rent Estimate

£875

Running Costs/mo

£726

Cashflow/mo

£149

Cashflow/yr

£1,785

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £101K to £435K, average is £175K. £1K/m² to £5.2K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£135K11/200.01 mi12, Oxford Road, Lostock, Bolton, Greater Manchester BL6 4AY3
£117.5K04/210.02 mi58, Alexandra Road, Lostock, Bolton, Greater Manchester BL6 4BB3
£166K11/200.04 mi1, Cambridge Road, Lostock, Bolton, Greater Manchester BL6 4AU3
£188K08/210.04 mi17, Cambridge Road, Lostock, Bolton, Greater Manchester BL6 4AU3
£166.7K06/230.13 mi18, Shaftesbury Avenue, Lostock, Bolton, Greater Manchester BL6 4AP3
£395K10/230.16 mi5, Ainscow Avenue, Lostock, Bolton, Greater Manchester BL6 4LR3
£272.5K11/220.17 mi7, Melbury Drive, Lostock, Bolton, Greater Manchester BL6 4NL3
£190K03/210.18 mi8, Melbury Drive, Lostock, Bolton, Greater Manchester BL6 4NL3
£170K08/230.21 mi6, Hawthorne Avenue, Horwich, Bolton, Greater Manchester BL6 6JD3
£218K03/230.24 mi61, Academy Way, Lostock, Bolton, Greater Manchester BL6 4GH3
£173.5K02/210.24 mi55, Academy Way, Lostock, Bolton, Greater Manchester BL6 4GH3
£300K05/210.24 mi45, Wilson Fold Avenue, Lostock, Bolton, Greater Manchester BL6 4LS3
£180K02/210.26 mi19, Foxhunter Close, Lostock, Bolton, Greater Manchester BL6 4GR3
£335K06/210.27 mi40, Chorley New Road, Lostock, Bolton, Greater Manchester BL6 4AL3
£435K08/210.27 mi68, Chorley New Road, Lostock, Bolton, Greater Manchester BL6 4AL3
£200K08/210.28 mi13, Avebury Close, Horwich, Bolton, Greater Manchester BL6 6LW3
£206.5K05/210.28 mi11, Avebury Close, Horwich, Bolton, Greater Manchester BL6 6LW3
£250K04/230.28 mi8, Cedar Avenue, Horwich, Bolton, Greater Manchester BL6 6HT3
£287K09/230.28 mi18, Cedar Avenue, Horwich, Bolton, Greater Manchester BL6 6HT3
£410K06/210.29 mi8, Higher Austins, Lostock, Bolton, Greater Manchester BL6 4LY3
£267K08/230.3 mi3, Maple Avenue, Horwich, Bolton, Greater Manchester BL6 6HP3
£310.5K04/210.34 mi38, St Leonards Avenue, Lostock, Bolton, Greater Manchester BL6 4JE3
£172.5K03/230.37 mi3, Poplar Avenue, Horwich, Bolton, Greater Manchester BL6 6HZ3
£135K03/210.37 mi4, Poplar Avenue, Horwich, Bolton, Greater Manchester BL6 6HZ3
£210K09/210.37 mi46, Silver Birch Close, Lostock, Bolton, Greater Manchester BL6 4GF3
£230K06/210.37 mi27, Silver Birch Close, Lostock, Bolton, Greater Manchester BL6 4GF3
£220K09/210.37 mi25, Silver Birch Close, Lostock, Bolton, Greater Manchester BL6 4GF3
£135K01/210.41 mi5, Birch Tree Way, Horwich, Bolton, Greater Manchester BL6 6JQ3
£170K10/210.46 mi47, Brazley Avenue, Horwich, Bolton, Greater Manchester BL6 6LF3
£175K04/210.5 mi1, Highland Road, Horwich, Bolton, Greater Manchester BL6 6LP3
£175K03/230.51 mi167, Claypool Road, Horwich, Bolton, Greater Manchester BL6 6JP3
£223.5K07/230.51 mi96, Claypool Road, Horwich, Bolton, Greater Manchester BL6 6JP3
£130K08/230.52 mi6, Knowsley Grove, Horwich, Bolton, Greater Manchester BL6 6EZ3
£117.5K02/210.52 mi8, Knowsley Grove, Horwich, Bolton, Greater Manchester BL6 6EZ3
£194K07/230.53 mi12, The Heights, Horwich, Bolton, Greater Manchester BL6 6LL3
£175K09/210.54 mi24, Trevarrick Court, Horwich, Bolton, Greater Manchester BL6 6TF3
£167K02/230.55 mi4, Makinson Avenue, Horwich, Bolton, Greater Manchester BL6 6NA3
£152.5K10/200.55 mi4, Makinson Avenue, Horwich, Bolton, Greater Manchester BL6 6NA3
£185K12/220.55 mi34, Ainsworth Avenue, Horwich, Bolton, Greater Manchester BL6 6LX3
£175K06/210.55 mi42, Springburn Close, Horwich, Bolton, Greater Manchester BL6 6SR3
£101K10/210.56 mi9, Carwood Grove, Horwich, Bolton, Greater Manchester BL6 6EY3
£145K12/220.56 mi6, Carwood Grove, Horwich, Bolton, Greater Manchester BL6 6EY3
£165K10/230.57 mi620, Chorley New Road, Horwich, Bolton, Greater Manchester BL6 6EX3
£157.5K11/200.57 mi608, Chorley New Road, Horwich, Bolton, Greater Manchester BL6 6EX3
£290K08/230.58 mi7, Greenwood Avenue, Horwich, Bolton, Greater Manchester BL6 6FA3
£140K12/200.59 mi81, Ainsworth Avenue, Horwich, Bolton, Greater Manchester BL6 6NN3
£280K03/230.59 mi63, Ainsworth Avenue, Horwich, Bolton, Greater Manchester BL6 6NN3
£134K01/210.64 mi16, Travers Street, Horwich, Bolton, Greater Manchester BL6 6EQ3
£150K03/210.66 mi15, Lancaster Avenue, Horwich, Bolton, Greater Manchester BL6 6ND3
£135K03/210.66 mi555, Chorley New Road, Horwich, Bolton, Greater Manchester BL6 6JZ3

Local Rents

14 rents from £850/mo to £1.6K/mo, average is £973/mo.

RentDateDistanceAddressBeds 
£99512/240.2 miHarrier Close, Lostock, Bolton, BL63
£93512/240.24 mi-3
£95012/240.24 miFoxhunter Close, Lostock, BL63
£95001/250.37 mi-3
£1,15012/240.41 miSefton Lane, Horwich, Bolton3
£99502/240.43 mi-3
£1,19503/250.49 mi-3
£85012/240.54 miBrazley Avenue, Horwich3
£87512/240.63 mi-3
£1,00012/240.72 miNapier Drive, Horwich3
£1,60012/240.94 mi-3
£1,05012/241.04 miWhinslee Drive, Lostock, Bolton3
£90003/251.08 mi-3
£87502/241.23 mi-3

Local Area Statistics

Population in BL6

29,345

Population in Bolton

217,471

Town centre distance

1.93 miles away

Nearest school

0.20 miles away

Nearest train station

0.82 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-28%

Sales demand

Balanced market

Capital growth (5yrs)

+42%

Property History

Listed for £170,000

August 30, 2024

Floor Plans

Description

*THREE BEDROOM SEMI DETACHED*LARGE DOUBLE GARAGE***

Are you looking for a renovation project? This just might be the one for you!
In need of renovation and modernisation this three-bedroom semi-detached on the desirable Oxford Road in Lostock. Perfect for investors or first-time buyers. Just a short walk to local schools, both public and private, this property is ideally suited to a buyer who is ready to put their stamp on this property.

The property benefited from significant updates over the past 8 years, including a new roof, new soffits, fascias, and gutters, as well as a new combi boiler and central heating system. The house has also been rewired with a new breaker for safety and efficiency, and most windows have been renewed with double glazing.

Upon entering, you’ll find a porch and a spacious living room featuring a fireplace. Towards the rear of the property, the kitchen diner offers ample space.

Upstairs, the first floor comprises two generously sized double bedrooms, a comfortable single bedroom, and a family bathroom.

Externally, the front of the property includes a small courtyard and a large double garage, providing plenty of storage or parking space. To the rear, there’s a well-sized garden, offering the potential for landscaping or outdoor leisure.

This property is brimming with potential, ready for someone to make it their own, and with many essential updates already completed, it's a fantastic opportunity for a modernisation project. Don’t miss out on this chance to create your dream home or a profitable investment!

Agent Details

Miller Metcalfe, Bolton

01204 958263

Next Steps?

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