2 Bed Flat, Single Let, Westhoughton, BL5 3WG, £110,000

St Johns Court Chorley Road, Westhoughton, Bolton, BL5 3WG - 4 views - 5 months ago

Leasehold
BTL
ROI: 2%
~68 m²

ValuationUndervalued

Sold Prices£50K - £140K
Sold Prices/m²£858/m² - £2.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£123,129
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£485 - £900

Rent Estimate

£528

Running Costs/mo

£469

Cashflow/mo

£59

Cashflow/yr

£704

ROI

2%

Gross Yield

6%

Local Sold Prices

39 sold prices from £50K to £140K, average is £115K. £858/m² to £2.7K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£52.5K10/200.21 mi3 Anderby Place, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3BT2
£95.1K07/220.21 mi4 Anderby Place, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3BT2
£92K10/220.21 mi2 Anderby Place, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3BT2
£130.2K12/220.52 mi58, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR2
£50K03/210.52 mi32, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR2
£115K04/210.52 mi68, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR2
£130K06/230.52 mi66, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR2
£105K04/210.58 mi24, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£101K03/210.58 mi43, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£125K11/220.59 mi19, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ2
£119K07/210.59 mi11, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ2
£122K12/220.59 mi14, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ2
£119.5K03/230.59 mi3, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ2
£115K10/210.62 miApartment 12, Durrington Place, Leigh Street, Westhoughton, Bolton, Greater Manchester BL5 3GZ2
£140K12/220.63 mi18, Netherwood Way, Westhoughton, Bolton, Greater Manchester BL5 3ZG2
£124K06/230.63 mi45, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£97K04/210.63 mi12, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£120K05/220.63 mi37, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£130K02/230.63 mi3, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£124K09/220.63 mi12, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£96K12/200.63 mi34, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£96K12/200.63 mi34, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£112K06/210.63 mi38, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£101K03/210.63 mi43, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£97K04/210.63 mi12, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£126K08/220.63 mi16, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£98K12/200.67 mi20, Hatherlow Court, Westhoughton, Bolton, Greater Manchester BL5 3ZF2
£117.5K02/210.67 mi8, Hatherlow Court, Westhoughton, Bolton, Greater Manchester BL5 3ZF2
£99K04/210.67 mi23, Hatherlow Court, Westhoughton, Bolton, Greater Manchester BL5 3ZF2
£128K07/220.69 mi45, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£120K01/230.69 mi32, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£130K12/220.69 mi46, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£112.5K08/210.69 mi33, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£122K09/220.69 mi22, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£128K02/230.69 mi31, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£110K08/220.72 mi8, Thurlwood Croft, Westhoughton, Bolton, Greater Manchester BL5 3RF2
£83K06/210.72 mi7, Thurlwood Croft, Westhoughton, Bolton, Greater Manchester BL5 3RF2
£92.5K01/210.72 mi21, Thurlwood Croft, Westhoughton, Bolton, Greater Manchester BL5 3RF2
£117K05/230.85 mi25, Pavilion Gardens, Westhoughton, Bolton, Greater Manchester BL5 3AS2

Local Rents

13 rents from £485/mo to £900/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£72512/240.03 miSt Johns Court, Chorley Road, Westhoughton, Bolton, BL52
£70012/240.04 miChorley Road, Westhoughton, BL52
£85001/250.06 mi-2
£70012/240.13 mi-2
£85012/240.15 mi-2
£48512/240.36 miFor people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL52
£51112/240.36 miFor people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL52
£67512/240.45 miThe Loft, Church Street, Westhoughton, Bolton, BL5 3SX2
£90012/240.56 mi-2
£87502/250.59 mi-2
£79512/240.61 mi73 Church Street, Westhoughton, Bolton, BL5 3RZ2
£65012/240.61 miChurch Street, Westhoughton2
£79512/240.62 miGladstone Street, Westhoughton, Bolton2

Local Area Statistics

Population in BL5

27,064

Town centre distance

0.49 miles away

Nearest school

0.20 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Listed for £110,000

November 5, 2024

Floor Plans

Description

  • Ground Floor Two Bedroom Apartment +
  • Ideal For First Time Buyer Or Investment Opportunity +
  • Positioned In Westhoughton With Superb Transport Links +
  • Neutral Decor & Fitted Kitchen.... +
  • Car Parking Bay To The Rear +

Take a look at this chain free ground floor two bedroom apartment, offering modern living in the heart of Westhoughton where you will find plenty of bars, restaurants, independent shops, supermarkets and superb transport links into Manchester.

The accommodation briefly comprises communal hallway, entrance hallway, lounge, modern fitted kitchen, two double bedrooms and modern family bathroom suite.

Further benefits from communal parking and garden areas, double glazing windows and heating system.
Leasehold information: Terms: 150 years from 1 January 2003
Current Ground Rent: £150 per year
Current Maintenance/Service Charge: £273 per quarter
Council Tax Information: Band B

Agent Note
In order to be able to purchase a property in the UK all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations. Farrell Heyworth outsource this check to a third party and a charge will apply. Please ask the branch for further details.

Agent Details

Farrell Heyworth, Chorley & South Ribble

01257 444415

Next Steps?

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