3 Bed Semi-Detached House, Refurb/BRRR, Bolton, BL3 4LQ, £179,950

Wyndham Avenue, Middle Hulton , BL3 4LQ - 1 views - 7 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 1%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£105K - £315K
Sold Prices/m²£1.1K/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£185,349
BMV3%

 

 

End Value (After Refurb)

£201,341

Uplift in Value

+12%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£44,988

Stamp Duty & Legal Fees

£11,297

Refurb Costs

£39,324

Bridging Loan Interest

£4,724

Total Cash In

£102,082

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£201,341

Mortgage (After Refinance)

£151,006

Mortgage LTV

75%

Cash Released

£16,043

Cash Left In

£86,038

Equity

£50,335

Rent Range

£480 - £1,900

Rent Estimate

£946

Running Costs/mo

£838

Cashflow/mo

£108

Cashflow/yr

£1,291

ROI

1%

Gross Yield

6%

Local Sold Prices

50 sold prices from £105K to £315K, average is £171.8K. £1.1K/m² to £3.8K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£170K11/220 mi15, Wyndham Avenue, Bolton, Greater Manchester BL3 4LQ3
£160K07/230.03 mi355, Hulton Lane, Bolton, Greater Manchester BL3 4LH3
£118K01/210.06 mi196, Longfield Road, Bolton, Greater Manchester BL3 3SN3
£135K02/210.06 mi59, Everbrom Road, Bolton, Greater Manchester BL3 4LD3
£206K03/210.09 mi340, Hulton Lane, Bolton, Greater Manchester BL3 4LA3
£160K01/230.09 mi15, Brampton Road, Bolton, Greater Manchester BL3 3SX3
£125K02/210.1 mi313, Hulton Lane, Bolton, Greater Manchester BL3 4LF3
£153K12/200.1 mi15, Calverleigh Close, Bolton, Greater Manchester BL3 4LP3
£227K11/220.15 mi15, Canmore Close, Bolton, Greater Manchester BL3 4TN3
£165K10/210.16 mi31, Windyhill Drive, Bolton, Greater Manchester BL3 4TH3
£168K12/200.16 mi19, Canmore Close, Bolton, Greater Manchester BL3 4TN3
£127K02/210.16 mi393, St Helens Road, Bolton, Greater Manchester BL3 3RT3
£229K06/210.18 mi44, Winterfield Drive, Bolton, Greater Manchester BL3 4TE3
£170.5K02/210.18 mi259, Hulton Lane, Bolton, Greater Manchester BL3 4LE3
£201.5K05/230.18 mi269, Hulton Lane, Bolton, Greater Manchester BL3 4LE3
£168K05/210.18 mi290, Hulton Lane, Bolton, Greater Manchester BL3 4LE3
£312K04/210.18 mi274, Hulton Lane, Bolton, Greater Manchester BL3 4LE3
£240K11/200.19 mi19, Moorlands View, Bolton, Greater Manchester BL3 3TN3
£315K06/230.19 mi12, Moorlands View, Bolton, Greater Manchester BL3 3TN3
£178K12/220.19 mi22, Heathfield Drive, Bolton, Greater Manchester BL3 3RN3
£110K12/200.2 mi679, St Helens Road, Bolton, Greater Manchester BL3 3SQ3
£140K04/210.2 mi665, St Helens Road, Bolton, Greater Manchester BL3 3SQ3
£160K03/210.21 mi4, Carnoustie, Bolton, Greater Manchester BL3 4TF3
£168K10/210.21 mi4, Heathfield Drive, Bolton, Greater Manchester BL3 3RN3
£265K09/210.22 mi24, Westfield Road, Bolton, Greater Manchester BL3 3TJ3
£289.7K12/220.22 mi20, Westfield Road, Bolton, Greater Manchester BL3 3TJ3
£157.5K05/210.24 mi4, Catherine Street, Bolton, Greater Manchester BL3 3RJ3
£245K01/230.25 mi4, Westfield Road, Bolton, Greater Manchester BL3 3TJ3
£106K02/210.26 mi90, Longfield Road, Bolton, Greater Manchester BL3 3SZ3
£105K03/210.26 mi18, Smethurst Lane, Bolton, Greater Manchester BL3 3QE3
£155K06/210.26 mi414, St Helens Road, Bolton, Greater Manchester BL3 3RR3
£179K08/210.27 mi10, Vigo Avenue, Bolton, Greater Manchester BL3 3TE3
£173K08/210.27 mi5, Edge Hill Road, Bolton, Greater Manchester BL3 3TF3
£275.5K10/220.28 mi6, Salterton Drive, Bolton, Greater Manchester BL3 3RG3
£155K02/210.28 mi9, Harbury Close, Bolton, Greater Manchester BL3 4JY3
£175K12/220.29 mi5, Abbey Close, Bolton, Greater Manchester BL3 3GY3
£175K12/200.29 mi8, Renfrew Drive, Bolton, Greater Manchester BL3 4XX3
£264K03/230.29 mi24, Renfrew Drive, Bolton, Greater Manchester BL3 4XX3
£250K07/220.31 mi11, Gleneagles, Bolton, Greater Manchester BL3 4XL3
£250K03/210.31 mi3, Gleneagles, Bolton, Greater Manchester BL3 4XL3
£235K11/200.31 mi10, Wellburn Close, Bolton, Greater Manchester BL3 3RL3
£167.5K02/210.32 mi11, Frinton Road, Bolton, Greater Manchester BL3 3TQ3
£210.5K12/220.34 mi4, Broxton Avenue, Bolton, Greater Manchester BL3 3TG3
£280K11/210.37 mi17, Beaumont Chase, Bolton, Greater Manchester BL3 4XH3
£190K04/210.4 mi145, Sapling Road, Bolton, Greater Manchester BL3 3QG3
£190K11/210.41 mi17, Maldwyn Avenue, Bolton, Greater Manchester BL3 3QP3
£140K01/210.42 mi42, Haynes Street, Bolton, Greater Manchester BL3 3LW3
£215K03/210.43 mi21, Turnberry, Bolton, Greater Manchester BL3 4XJ3
£125K04/230.43 mi43, Sloane Street, Bolton, Greater Manchester BL3 3LT3
£121K04/210.43 mi16, Peveril Street, Bolton, Greater Manchester BL3 3LR3

Local Rents

50 rents from £480/mo to £1.9K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£90012/240.25 miStonehaven, Bolton2
£62512/240.27 miHulton Mount, St. Helens Road, Middle Hulton, Bolton1
£1,30012/240.27 miFenton Way, Bolton, BL33
£48002/240.32 mi-2
£72512/240.33 miBeaumont Chase, Bolton, Greater Manchester, BL3 4XH1
£87512/230.34 mi-2
£85012/230.35 mi-2
£95003/250.35 mi-2
£85004/250.35 mi-2
£80012/240.36 mi-2
£80012/240.36 miLongfellow Avenue, Bolton, BL32
£1,50011/240.36 mi-4
£85001/250.38 mi-2
£60002/250.42 mi-1
£1,10012/240.45 miHulton Lane, Deane, Bolton BL34
£77512/240.5 miMorris Green Lane, Bolton, BL32
£72512/240.52 miDeane Church Lane, Bolton, Greater Manchester, BL31
£72512/240.52 miDeane Church Lane, Bolton, Greater Manchester, BL31
£75012/240.52 miDeane Church Lane, Bolton, Greater Manchester, BL31
£90001/250.53 mi-3
£85001/250.53 mi-2
£85002/250.53 mi-2
£72504/250.54 mi-1
£90012/240.54 mi-2
£1,77501/250.54 mi-4
£65012/240.55 miWigan Road, Deane, Bolton. *AVAILABLE NOW**1
£1,20012/240.57 mi-4
£1,60012/240.57 mi-4
£85004/250.58 mi-2
£90011/240.6 mi-2
£75011/240.62 mi-2
£75012/240.64 mi-2
£65012/240.64 mi-2
£62512/240.65 mi-1
£95011/240.69 mi-2
£72503/240.69 mi-2
£72512/240.7 mi-2
£97512/240.71 mi-2
£97503/250.71 mi-2
£95004/250.73 mi-3
£85012/240.74 mi-3
£1,90003/250.76 mi-4
£90003/250.78 mi-2
£72512/240.78 miHenley Grove, Bolton2
£1,35001/250.78 mi-3
£89502/240.84 mi-2
£99502/240.84 mi-2
£80003/250.9 mi-3
£1,60003/250.96 mi-4
£1,30012/240.97 miNewbrook Road, Over Hulton, Bolton3

Local Area Statistics

Population in BL3

63,785

Population in Bolton

217,471

Town centre distance

2.28 miles away

Nearest school

0.20 miles away

Nearest train station

1.59 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 £179,950

February 4, 2025

Listed for £170,000

October 1, 2024

Floor Plans

Description

  • No onward chain +
  • Semi detached family home +
  • Three bedrooms +
  • Lounge and dining areas +
  • Driveway parking +
  • Close to local amenities +
  • Beautiful front and rear gardens +
  • Needs some modernisation +

Offered for sale with NO ONWARD CHAIN is this semi detached family home located within Middle Hulton. Whilst the property does need some updating, there is great potential to the side and the rear of the property to extend given the necessary planning consents. Internally the property comprises an entrance hallway, kitchen, lounge area and dining area to the ground floor with three bedrooms and a bathroom to the first floor. Externally there is a flagged driveway with a well-maintained lawned garden surrounded by flowerbeds to the front.To the rear of the property there is a flagged patio area which leads down the side of the property to the gate to the front. The rear garden is beautifully maintained and has a well manicured lawn with flowerbeds and borders to either side. There is also a patio area to the rear of the garden with space for a shed and a greenhouse.
PLEASE NOTE: THE PROPERTY IS A FREEHOLD, THE CLIENT ALSO HAS THE LEASEHOLD AND THERE IS A MISSING HEADLEASE. THE CLIENT WILL OFFER A GOOD LEASEHOLD TITLE INDEMNITY.For further information and to arrange a viewing contact Cardwells Estate Agents Bolton Email or visit

Agent Details

Cardwells Sales, Lettings, Management & Commercial, Bolton

01204 326650

Next Steps?

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