2 Bed Terraced House, Planning Permission, Bolton, BL3 1BN, £131,995

Church Street, Little Lever, Bolton, BL3 1BN - 5 months ago

Under Offer
Leasehold
Planning
ROI: 4%
~68 m²
+14 photos

ValuationFair Value

Sold Prices£53K - £233K
Sold Prices/m²£697/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£133,315

 

 

End Value (After Refurb)

£137,258

Uplift in Value

+4%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,999

Stamp Duty & Legal Fees

£7,940

Refurb Costs

£28,800

Bridging Loan Interest

£3,465

Total Cash In

£74,953

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£137,258

Mortgage (After Refinance)

£102,943

Mortgage LTV

75%

Cash Released

£3,947

Cash Left In

£71,006

Equity

£34,314

Rent Range

£795 - £995

Rent Estimate

£878

Running Costs/mo

£625

Cashflow/mo

£253

Cashflow/yr

£3,042

ROI

4%

Gross Yield

8%

Local Sold Prices

50 sold prices from £53K to £233K, average is £133.5K. £697/m² to £4.3K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£160K04/230.03 mi25, Rydal Road, Little Lever, Bolton, Greater Manchester BL3 1DT2
£135K05/230.08 mi84, Church Street, Little Lever, Bolton, Greater Manchester BL3 1BL2
£90K03/210.08 mi74, Church Street, Little Lever, Bolton, Greater Manchester BL3 1BL2
£233K02/230.12 mi9, Windermere Avenue, Little Lever, Bolton, Greater Manchester BL3 1DU2
£100K12/220.14 mi16, Church Street, Little Lever, Bolton, Greater Manchester BL3 1BE2
£89K02/210.15 mi223, Church Street, Little Lever, Bolton, Greater Manchester BL3 1BW2
£132K12/210.19 mi81, Lever Street, Little Lever, Bolton, Greater Manchester BL3 1BA2
£105K05/210.19 mi95, Lever Street, Little Lever, Bolton, Greater Manchester BL3 1BA2
£185K03/230.26 mi1, Thirsk Road, Little Lever, Bolton, Greater Manchester BL3 1ET2
£182.4K11/200.29 mi23, Ascot Road, Little Lever, Bolton, Greater Manchester BL3 1ED2
£210K06/210.29 mi27, Ascot Road, Little Lever, Bolton, Greater Manchester BL3 1EE2
£115K10/210.3 mi33, Independent Street, Little Lever, Bolton, Greater Manchester BL3 1HR2
£104K11/200.3 mi33, Independent Street, Little Lever, Bolton, Greater Manchester BL3 1HR2
£200K11/220.3 mi29, Aintree Road, Little Lever, Bolton, Greater Manchester BL3 1EZ2
£53K03/210.34 mi31, Grosvenor Street, Little Lever, Bolton, Greater Manchester BL3 1QZ2
£85K11/200.34 mi47, Marsh Road, Little Lever, Bolton, Greater Manchester BL3 1RE2
£160K03/210.35 mi34, Sandown Crescent, Little Lever, Bolton, Greater Manchester BL3 1HF2
£180K07/210.35 mi5, Sandown Crescent, Little Lever, Bolton, Greater Manchester BL3 1HF2
£103K06/230.39 mi20, Lord Street, Little Lever, Bolton, Greater Manchester BL3 1JA2
£140K03/210.41 mi10, Mottershead Avenue, Little Lever, Bolton, Greater Manchester BL3 1QN2
£168K02/210.42 mi4, Fontwell Road, Little Lever, Bolton, Greater Manchester BL3 1TE2
£184K10/210.44 mi24, Newmarket Road, Little Lever, Bolton, Greater Manchester BL3 1TA2
£150K06/230.5 mi64, Elm Road, Little Lever, Bolton, Greater Manchester BL3 1JL2
£128K01/230.5 mi13, School Street, Little Lever, Bolton, Greater Manchester BL3 1NH2
£123K02/210.52 mi10, James Street, Little Lever, Bolton, Greater Manchester BL3 1NF2
£150K07/230.53 mi72, Chester Avenue, Little Lever, Bolton, Greater Manchester BL3 1XE2
£147.5K05/210.54 mi21, Wilby Avenue, Little Lever, Bolton, Greater Manchester BL3 1QF2
£165K05/230.58 mi4, Salisbury Terrace, Little Lever, Bolton, Greater Manchester BL3 1NL2
£127.5K04/210.58 mi52, Booth Road, Little Lever, Bolton, Greater Manchester BL3 1JR2
£107.5K01/230.61 mi62, Settle Street, Little Lever, Bolton, Greater Manchester BL3 1LE2
£125K06/210.63 mi45, Settle Street, Little Lever, Bolton, Greater Manchester BL3 1LF2
£150K05/210.67 mi6, High Beeches, Bradley Fold, Bolton, Greater Manchester BL2 6SG2
£115K11/200.68 mi30, Hatherleigh Walk, Bolton, Greater Manchester BL2 6TS2
£150K02/230.68 mi20, Hatherleigh Walk, Bolton, Greater Manchester BL2 6TS2
£220K04/230.69 mi79, Ladyshore Road, Little Lever, Bolton, Greater Manchester BL3 1JZ2
£180K06/230.77 mi154, Cemetery Road, Kearsley, Bolton, Greater Manchester BL4 7SE2
£132K05/210.81 mi19, Kenyon Road, Bradley Fold, Bolton, Greater Manchester BL2 6RB2
£96K07/230.83 mi15, Heaton Road, Bradley Fold, Bolton, Greater Manchester BL2 6RD2
£150K08/210.83 mi17, Aldford Grove, Bradley Fold, Bolton, Greater Manchester BL2 6RY2
£152.5K12/200.84 mi32, Whiteoak View, Bolton, Greater Manchester BL3 1ST2
£149.6K05/230.87 mi24, Newhall Avenue, Bradley Fold, Bolton, Greater Manchester BL2 6RX2
£85K01/230.89 mi85, Corson Street, Bolton, Greater Manchester BL3 2QA2
£110K05/210.89 mi6, Brook Street, Farnworth, Bolton, Greater Manchester BL4 7RX2
£95K05/210.89 mi49, Fylde Street East, Bolton, Greater Manchester BL3 2QE2
£80K11/200.89 mi66, Starcliffe Street, Bolton, Greater Manchester BL3 2PU2
£225K09/210.91 mi511, Radcliffe Road, Bolton, Greater Manchester BL3 1SX2
£126K08/210.92 mi14, Railway Street, Farnworth, Bolton, Greater Manchester BL4 7SA2
£138.5K04/230.93 mi49, Redcedar Park, Bolton, Greater Manchester BL2 6GJ2
£92K07/230.98 mi94, West Street, Farnworth, Bolton, Greater Manchester BL4 7RR2
£65K04/210.99 mi38, Beechcroft Grove, Bolton, Greater Manchester BL2 6EZ2

Local Rents

10 rents from £795/mo to £995/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£79902/240.09 mi-2
£79901/250.09 mi-2
£89512/240.12 mi-2
£97502/250.12 mi-2
£87502/250.21 mi-2
£87503/250.21 mi-2
£79509/230.21 mi-2
£87512/240.22 mi-2
£99512/240.29 mi-2
£89512/240.54 miWilby Avenue, Little Lever, Bolton2

Local Area Statistics

Population in BL3

63,785

Population in Bolton

217,471

Town centre distance

4.50 miles away

Nearest school

0.10 miles away

Nearest train station

0.95 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+0%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £131,995

October 29, 2024

Floor Plans

Description

  • 2 Bedroom Mid Terrace For Sale +
  • Low maintenance garden to rear +
  • Ideal for first time buyers +
  • Close to Rural Country Walks +
  • Loft space boarded out for storage +
  • Excellent Transport Links +
  • Utility Room +
  • Leasehold Property +
  • Council Tax A +
  • EPC Rating D +

STEP INSIDE The lounge, positioned at the front, showcases laminate flooring, a double glazed window, wall mounted electric fireplace, dado rail, coved to ceiling, a radiator and ceiling fan light. It provides ample space for your preferred living room furniture and grants access to the kitchen/diner.

Moving to the rear aspect, you'll find the kitchen/diner, equipped with white wall and base units complemented by work surfaces. Features include tiled flooring, a built-in electric oven and hob and overhead extractor fan, double glazed window, breakfast bar, partly tiled walls and access into the utility room and staircase leading to the first floor. There is also storage space within the cupboard underneath the stairs.

The utility room is equipped with plumbing for a washing machine and provides space for a tumble dryer and a tall fridge/freezer. It also offers access to the rear yard.

Ascending to the first floor, you'll discover two bedrooms and the bathroom.

Bedroom One, situated at the front, offers fitted laminate flooring, ceiling light, double-glazed window and radiator and built-in wardrobes with sliding mirrored doors.

Bedroom Two, located at the rear, features fitted laminate flooring, double glazed window, radiator, ceiling light and room for bedroom furniture.

The bathroom boasts a three-piece suite comprising a bath with overhead shower, wash basin and W/C. The room features partly tiled walls and flooring, a ceiling light and a frosted double-glazed window. It also includes a chrome wall mounted radiator and houses the boiler.

Ascending further to the loft conversion, though not officially designated as a bedroom due to lack of planning permission, it serves as valuable storage space.

The backyard, requiring minimal upkeep with a gate opening to a rear area where, although parking is not designated, consistent off road parking space is available.

Leasehold
Term : 999 years from 12 May 1897, therefore 872 years remaining
Rent : £1
Council Tax Band - A
EPC Rating - TBC
 

LOCATION Little Lever may be the Borough's smallest local town centre, but its vibrant community presence defies its size. What sets Little Lever apart is its dedicated centre that caters comprehensively to the community it proudly serves. The Town Centre boasts a range of essential facilities, including a recently invested Library that also hosts the Access Bolton Service and a modern Health Centre.

Within the heart of Little Lever, residents enjoy access to various services, such as Barbers, Cafes, Beauty Salons, a Post Office, Chemist, Doctors Surgery, Dentist and more. Notably, the introduction of Tesco Supermarket approximately 10 years ago has significantly enhanced the flourishing community. Little Lever seamlessly combines the charm of a bustling shopping area with the tranquillity of easily accessible rural walks.

This town provides the best of both worlds, offering a dynamic commercial hub alongside serene natural surroundings.

Little Lever ensures quality education with local schooling options available at both Primary and Secondary levels. Furthermore, convenient transport links facilitate easy connections to Bolton, Bury, Radcliffe and Manchester, making it an ideal location for residents to access a variety of destinations.
 

ADDITIONAL INFORMATION To conform with government Anti Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Thirdfort. There is a nominal charge of £30 plus VAT for this (per person), payable direct to Hannon Holmes Ltd. An increased charge may be payable for overseas checks.

Please note, we are unable to issue a memorandum of sale until checks are complete. Please note it is a legal requirement that we obtain verified ID from purchasers before instructing a sale. Please also note we shall require proof of funds before we instruct the sale, together with your instructed solicitors.

Hannon Holmes may refer you to ancillary services including Conveyancing, Surveying and Financial Services, should you require any of these services. Hannon Holmes may receive a referral fee for recommending their services if you do instruct them. You are free to select any provider of legal services, surveying or financial services that you choose and you are under no obligation to use any of the suggested providers.

Leasehold
Term : 999 years from 12 May 1897, therefore 872 years remaining
Rent : £1
Council Tax Band - A
EPC Rating - D 

REFERRAL FEES Hannon Holmes may refer you to ancillary services including Conveyancing, Surveying and Financial Services, should you require any of these services. Hannon Holmes may receive a referral fee for recommending their services if you do instruct them. You are free to select any provider of legal services, surveying or financial services that you choose and you are under no obligation to use any of the suggested providers.  

PROPERTY PARTICULARS DISCLAIMER Property particulars as supplied by Hannon Holmes Estate Agents are set out as a general outline in accordance with the Property Misdescriptions Act (1991) only for the guidance of intending purchasers or lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility, and any intending purchasers, lessees or third parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Gardens, roof terraces, balconies and communal gardens as well as tenure and lease details cannot have their accuracy guaranteed for intending purchasers. Lease details, service ground rent (where applicable) are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. No person in the employment of Hannon Holmes Ltd has any authority to make any representation or warranty whatever in relation to this property. Purchase prices, rents or other prices quoted are correct at the date of publication and, unless otherwise stated, exclusive of VAT. TENURE : The type of tenure has been given to us by the seller. This has not been verified. The Agent has not checked the legal documents to verify the tenure status of the property. The buyer is advised to obtain verification from their Solicitor or Surveyor. For full Property Particulars Disclaimer please visit

Agent Details

Hannon Holmes Limited, Bolton

01204 326751

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