2 Bed Flat, Single Let, Bolton, BL2 3DT, £70,000

3 Hart House, Hall I Th Wood Lane, Bolton, Lancashire, BL2 3DT - 3 views - 5 months ago

Sold STC
Auction
BTL
ROI: 21%
58 m²
+8 photos

ValuationUndervalued

Sold Prices£56K - £200K
Sold Prices/m²£757/m² - £2.9K/m²

 

 

Square Metres

58 m²
Price/m²£1.2K/m²

Value Estimate

£85,400
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£3,300

Total Cash In

£20,800

 

 

Cash Out

 

Rent Range

£750 - £995

Rent Estimate

£750

Running Costs/mo

£389

Cashflow/mo

£361

Cashflow/yr

£4,335

ROI

21%

Gross Yield

13%

Local Sold Prices

50 sold prices from £56K to £200K, average is £91.3K. £757/m² to £2.9K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£70K09/210.18 mi23, Finsbury Court, Bolton, Greater Manchester BL1 8XP2
£74K03/210.22 mi7, Highcroft, Bolton, Greater Manchester BL1 8UX2
£105K11/220.25 mi20, Bellfield View, Bolton, Greater Manchester BL1 8UQ2
£100K04/230.37 mi147, Astley Brook Close, Bolton, Greater Manchester BL1 8SP2
£78K10/200.37 mi174, Astley Brook Close, Bolton, Greater Manchester BL1 8SP2
£90K09/210.37 mi175, Astley Brook Close, Bolton, Greater Manchester BL1 8SP2
£98.5K10/230.37 mi143, Astley Brook Close, Bolton, Greater Manchester BL1 8SP2
£75K06/210.7 mi21, Highgrove Close, Bolton, Greater Manchester BL1 8QE2
£68.5K11/200.76 mi3, River View Court, Bolton, Greater Manchester BL2 2GY2
£160K05/230.91 mi37, Maplewood Gardens, Bolton, Greater Manchester BL1 3NR2
£105K05/220.94 mi32, Kelstern Close, Bolton, Greater Manchester BL2 2PG2
£82.5K06/210.96 mi140, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£82K04/210.96 mi142, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£82.5K06/210.96 mi140, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£68K12/200.97 mi10, Dean Court, Bolton, Greater Manchester BL1 2RY2
£80K02/210.97 mi32, Dean Court, Bolton, Greater Manchester BL1 2RY2
£77K06/230.98 mi53, Dean Court, Bolton, Greater Manchester BL1 2SA2
£67K03/210.98 mi63, Dean Court, Bolton, Greater Manchester BL1 2SA2
£92.5K02/231 mi77, Dean Court, Bolton, Greater Manchester BL1 2SA2
£160K01/231.01 miApartment 315, Holden Mill, Blackburn Road, Bolton, Greater Manchester BL1 7PN2
£150K02/231.01 miApartment 237, Holden Mill, Blackburn Road, Bolton, Greater Manchester BL1 7PN2
£145K11/231.01 miApartment 519, Holden Mill, Blackburn Road, Bolton, Greater Manchester BL1 7QJ2
£57K12/201.03 mi56, Hill View Court, Bolton, Greater Manchester BL1 8NU2
£90K04/221.21 mi7, Highwood Close, Bolton, Greater Manchester BL2 5FA2
£56K08/211.21 mi7, Highwood Close, Bolton, Greater Manchester BL2 5FA2
£65K09/211.21 mi19, Highwood Close, Bolton, Greater Manchester BL2 5FA2
£65K09/211.21 mi19, Highwood Close, Bolton, Greater Manchester BL2 5FA2
£70K07/221.25 mi18, Withins Close, Bolton, Greater Manchester BL2 5LQ2
£120K12/221.25 mi8, Oakenbottom Road, Bolton, Greater Manchester BL2 6DG2
£80K02/211.34 mi19, Spencers Wood, Bromley Cross, Bolton, Greater Manchester BL7 9BX2
£94.3K03/231.34 mi25, Spencers Wood, Bromley Cross, Bolton, Greater Manchester BL7 9BX2
£80K10/201.34 mi14, Spencers Wood, Bromley Cross, Bolton, Greater Manchester BL7 9BX2
£180K12/211.42 miApartment 12, The School House, School Street, Bromley Cross, Bolton, Greater Manchester BL7 9DS2
£182K08/231.42 miApartment 8, The School House, School Street, Bromley Cross, Bolton, Greater Manchester BL7 9DS2
£200K02/231.42 miApartment 12, The School House, School Street, Bromley Cross, Bolton, Greater Manchester BL7 9DS2
£115K02/211.44 mi109, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£185K07/221.44 mi201, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£175.5K08/221.44 mi116, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£145K08/211.44 mi203, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£115K02/211.44 mi109, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£180K12/201.44 mi6, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£138K02/211.44 mi126, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£145K10/231.44 mi304, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£151K11/221.44 mi126, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£56.5K05/231.47 miFlat 25, The Old School Rooms, Great Moor Street, Bolton, Greater Manchester BL1 1NR2
£76K12/221.47 miFlat 17, The Old School Rooms, Great Moor Street, Bolton, Greater Manchester BL1 1NR2
£97K11/221.54 mi132, Lords Stile Lane, Bromley Cross, Bolton, Greater Manchester BL7 9JZ2
£100K12/221.56 mi82, Royal Court Drive, Bolton, Greater Manchester BL1 4AZ2
£82.5K05/211.57 mi9, Royal Court Drive, Bolton, Greater Manchester BL1 4AZ2
£90K05/231.57 mi93, Royal Court Drive, Bolton, Greater Manchester BL1 4AZ2

Local Rents

36 rents from £750/mo to £995/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£77501/250.02 mi-2
£75005/240.02 miTongemoor Road, Bolton, BL22
£75005/240.02 mi-2
£95005/240.04 mi-2
£82503/240.07 miTonge Moor Road, Bolton2
£82502/240.14 mi-2
£75003/240.17 miRowton Street, Bolton, BL22
£79503/240.17 miTonge Moor Road, Bolton2
£79505/240.17 miTonge Moor Road, Bolton2
£85003/240.2 miHighcroft, Bolton, BL12
£95012/240.26 mi-2
£90001/250.26 mi-2
£75005/240.29 mi102 Eldon Street,Bolton,BL22
£95004/240.29 miPimlott Road, Bolton BL12
£95004/240.3 miTintern Avenue, Bolton, Greater Manchester, BL2 2NR2
£87504/250.35 mi-2
£80001/250.35 mi-2
£99504/240.35 miKentfield Drive, Bolton, BL1 8FU2
£85004/240.35 mi-2
£85003/240.35 miAstley Brook Close, Bolton, BL12
£80003/240.36 miAstley Brook Close, Bolton, Greater Manchester, BL12
£75004/240.36 miAstley Brook Close Bolton Lancashire2
£90004/250.37 mi-2
£85004/240.37 miAstley Brook Close, Bolton, BL12
£75003/240.38 miMoorfield Grove, Bolton2
£75004/240.45 mi-2
£75004/240.45 mi-2
£75003/240.45 miWemsley Grove, Bolton, BL22
£75003/240.45 miWemsley Grove, Bolton, BL22
£77504/240.45 miTonge, Bolton, BL2 2LQ2
£82504/240.46 miWaterside Gardens, Bolton2
£75003/240.46 miWaterside Gardens, Bolton2
£84512/240.47 mi-2
£87003/250.47 mi-2
£79503/240.47 miTonge Moor Road, Bolton, BL22
£79504/240.61 miTonge Park Avenue, Bolton2

Local Area Statistics

Population in BL2

45,845

Population in Bolton

217,471

Town centre distance

2.68 miles away

Nearest school

0.10 miles away

Nearest train station

0.07 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+43%

Property History

Listed for £70,000

November 5, 2024

Floor Plans

Description

  • EPC C +
  • MODERN METHOD OF AUCTION +
  • TWO BEDROOM GROUND FLOOR APARTMENT +
  • PARKING TO THE FRONT +
  • REAR YARD +
  • Neatly Presented +
  • Close to local schools, shops and transport links +
  • BID ON ME +

*This property is for sale by the Modern Method of Auction!! Should you view, offer or bid on the property, your information will be shared with the Auctioneer, I am sold Limited.* This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (i am sold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.* The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services, and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you. * DESCRIPTION: Welcome to Hart House, a comfortable 2 bedroom property located on the ground floor of the popular Hart House apartments at the rear of Tonge Moor Road in Bolton.This spacious flat contains 2 double bedrooms, a fine open plan living area with fully fitted kitchen, including a four ring gas hob & electric oven. There is a modern, white, three piece bathroom at the end of the roomy hallway & this well-maintained property has only recently been painted & carpeted. The west facing patio door in the sitting room overlooks the playing field at the back of this relaxing apartment. Along with a secure entrance, intercom system & private parking, this property has ideal proximity to transport links & local amenities. A great purchase for potential investors or first-time buyers alike.

Agent Details

The Purple Property Shop, Bolton

01204 958074

Next Steps?

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