2 Bed Flat, Single Let, Bolton, BL3 1SH, £111,500

Grosvenor Gardens, Bolton, BL3 1SH - 7 months ago

Under Offer
Leasehold
BTL
ROI: 9%
~68 m²
+9 photos

ValuationOvervalued

Sold Prices£56K - £169.6K
Sold Prices/m²£757/m² - £2.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£108,296

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,875

Stamp Duty & Legal Fees

£6,775

Total Cash In

£34,650

 

 

Cash Out

 

Rent Range

£675 - £3,650

Rent Estimate

£786

Running Costs/mo

£526

Cashflow/mo

£260

Cashflow/yr

£3,124

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £56K to £169.6K, average is £92.5K. £757/m² to £2.3K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£79.5K06/220.31 mi19, Sidford Close, Bolton, Greater Manchester BL3 1RW2
£70K12/200.48 mi52, Hatherleigh Walk, Bolton, Greater Manchester BL2 6TS2
£100K11/220.49 mi50, Hatherleigh Walk, Bolton, Greater Manchester BL2 6TS2
£142K01/230.51 mi18, Lydford Gardens, Bolton, Greater Manchester BL2 6TU2
£97.5K07/220.61 mi188, Somerton Road, Bolton, Greater Manchester BL2 6TY2
£120K12/220.67 mi8, Oakenbottom Road, Bolton, Greater Manchester BL2 6DG2
£128K11/220.94 mi22, Boundary Drive, Bradley Fold, Bolton, Greater Manchester BL2 6RU2
£169.6K06/221 mi5, Catterick Drive, Little Lever, Bolton, Greater Manchester BL3 1EL2
£105K05/221.03 mi32, Kelstern Close, Bolton, Greater Manchester BL2 2PG2
£72.5K10/201.04 mi306 Lilac Gardens, Ramswell Close, Bolton, Greater Manchester BL3 2NL2
£70K01/211.04 mi105 Lilac Gardens, Ramswell Close, Bolton, Greater Manchester BL3 2NL2
£82.5K06/211.05 mi140, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£82K04/211.05 mi142, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£82.5K06/211.05 mi140, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£70K07/221.05 mi18, Withins Close, Bolton, Greater Manchester BL2 5LQ2
£90K03/231.09 mi14, Devon Close, Little Lever, Bolton, Greater Manchester BL3 1XB2
£100K01/231.09 mi19, Devon Close, Little Lever, Bolton, Greater Manchester BL3 1XB2
£128K09/221.18 mi44, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£111K08/221.18 mi28, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£100K07/211.18 mi39, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£115K12/221.18 mi24, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£115K06/221.18 mi27, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£106K11/201.18 mi8, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£92.5K09/221.18 mi49, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£99K03/211.18 mi33, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£110K02/231.18 mi1, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£125K07/231.18 mi10, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£105K02/221.18 mi29, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£100K06/211.18 mi46, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£90K04/221.28 mi7, Highwood Close, Bolton, Greater Manchester BL2 5FA2
£56K08/211.28 mi7, Highwood Close, Bolton, Greater Manchester BL2 5FA2
£65K09/211.28 mi19, Highwood Close, Bolton, Greater Manchester BL2 5FA2
£65K09/211.28 mi19, Highwood Close, Bolton, Greater Manchester BL2 5FA2
£68.5K11/201.31 mi3, River View Court, Bolton, Greater Manchester BL2 2GY2
£92K12/221.31 mi63, High Street, Little Lever, Bolton, Greater Manchester BL3 1NA2
£77K02/211.31 mi63, High Street, Little Lever, Bolton, Greater Manchester BL3 1NA2
£110K01/231.31 mi55, High Street, Little Lever, Bolton, Greater Manchester BL3 1NA2
£155K10/221.35 mi155, Campbell Street, Farnworth, Bolton, Greater Manchester BL4 7HJ2
£56.5K05/231.43 miFlat 25, The Old School Rooms, Great Moor Street, Bolton, Greater Manchester BL1 1NR2
£76K12/221.43 miFlat 17, The Old School Rooms, Great Moor Street, Bolton, Greater Manchester BL1 1NR2
£99K01/221.53 mi15, Glynne Street, Farnworth, Bolton, Greater Manchester BL4 7DN2
£77K06/231.54 mi53, Dean Court, Bolton, Greater Manchester BL1 2SA2
£67K03/211.54 mi63, Dean Court, Bolton, Greater Manchester BL1 2SA2
£92.5K02/231.56 mi77, Dean Court, Bolton, Greater Manchester BL1 2SA2
£88K06/221.56 mi67, Dixon Green Drive, Farnworth, Bolton, Greater Manchester BL4 7EE2
£68K12/201.57 mi10, Dean Court, Bolton, Greater Manchester BL1 2RY2
£80K02/211.58 mi32, Dean Court, Bolton, Greater Manchester BL1 2RY2
£75K02/211.72 mi3, Reed Close, Farnworth, Bolton, Greater Manchester BL4 7EF2
£100K02/231.76 mi7, Ceres Chase, Farnworth, Bolton, Greater Manchester BL4 9EW2
£100K12/221.76 mi3, Ceres Chase, Farnworth, Bolton, Greater Manchester BL4 9EW2

Local Rents

15 rents from £675/mo to £3.6K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£77512/240.07 miRadcliffe Road, Bolton2
£3,65009/230.09 mi-2
£79504/250.34 mi-2
£87502/240.35 mi-2
£89501/250.35 mi-2
£85010/230.39 mi-2
£67512/240.51 miLydford Gardens, Bolton, Greater Manchester, BL22
£99501/250.55 mi-2
£82510/240.6 mi-2
£89511/240.6 mi-2
£1,00001/250.6 mi-2
£79003/240.6 miHigher Darcy Street, Bolton2
£79505/240.6 miHigher Darcy Street, Bolton2
£80003/240.6 miBentley Street, Bolton2
£79505/240.6 miBentley Street, Bolton2

Local Area Statistics

Population in BL3

63,785

Population in Bolton

217,471

Town centre distance

3.69 miles away

Nearest school

0.50 miles away

Nearest train station

1.07 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+0%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Price changed to £111,500

January 19, 2025

Listed for £115,000

September 30, 2024

Description

  • Fabulous ground floor apartment +
  • Two bedrooms +
  • Open plan lounge area +
  • Open plan modern breakfast kitchen +
  • Modern family bathroom +
  • Double glazing/ electric heaters +
  • Communal gardens and parking +
  • Viewing a must +
  • Convenient location +
  • Close to park land +

Karen Ritchie Estates are delighted to be instructed with the sale of this stunning apartment. Tthe property is situated in the ever popular area of Darcy Lever and is on the doorstep for all excellent local amenities to include shops, schools and commuting access. We strongly recommend internal and external inspection to fully appreciate this ground floor apartment. The property has been kept in excellent condition throughout by its current owners and would be ideal for either first time buyers, buy to let investors or someone looking to down size and stay within this popular area. The property briefly comprises of intercom access, entrance hall giving access to apartment, lounge/diner kitchen, two good sized bedrooms and modern three piece family bathroom. The property also benefits from electric heating, double glazing, communal gardens and parking.

Living Accommodation
Entrance Hall - karndean herringbone floor which flows through to lounge, diner/kitchen, electric heater, storage cupboard housing tank and intercom system.
Lounge - electric heater, double glazed window to side and double glazed double doors giving access to rear garden area.
Kitchen - full range of modern wall and base units in cream high gloss finish with moulded work surfaces also incorporating breakfast bar, housing stainless steel sink and splash back tiling to compliment. Range of fitted appliances to include electric hob, cooker hood, electric fan assisted oven, integrated fridge, freezer and washing machine.
Bedroom One - full range of fitted high gloss bedroom furniture, electric heater and double glazed window to side.
Bedroom Two - high gloss hanging bedroom furniture, electric heater, double glazed window to side plus feature cloud mural.
Bathroom - modern three piece suite in white comprising of panel bath with over bath shower, hand wash basin, WC, tiled floor, tiled elevations, extractor and heated towel rail.

Surrounding the Property
Surrounding the property we have well kept and maintained communal garden areas plus parking.

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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

Karen Ritchie, Bolton

01204 326941

Next Steps?

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