2 Bed Terraced House, Refurb/BRRR, Kearsley, BL4 7NF, £90,000

63 Campbell Street, Bolton, Greater Manchester, BL4 7NF - 9 views - 5 months ago

Sold STC
Auction
Refurb/BRRR
ROI: 4%
78 m²
+15 photos

ValuationFair Value

Sold Prices£63K - £170K
Sold Prices/m²£642/m² - £3.2K/m²

 

 

Square Metres

78 m²
Price/m²£1.2K/m²

Value Estimate

£90,900

 

 

End Value (After Refurb)

£158,736

Uplift in Value

+76%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,500

Stamp Duty & Legal Fees

£3,900

Refurb Costs

£32,877

Bridging Loan Interest

£2,363

Total Cash In

£63,390

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£158,736

Agent Fees (1%)

£1,587

Bridging Loan

£67,500

Bridging Loan Interest

£2,363

Flip Profit

£26,258

Local Sold Prices

50 sold prices from £63K to £170K, average is £108K. £642/m² to £3.2K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£90K02/230.02 mi90, Cawdor Street, Farnworth, Bolton, Greater Manchester BL4 7NJ2
£92K03/210.1 mi4, Kilsby Close, Farnworth, Bolton, Greater Manchester BL4 7TJ2
£70K02/210.11 mi117, Cawdor Street, Farnworth, Bolton, Greater Manchester BL4 7HX2
£120K11/210.11 mi48, Campbell Street, Farnworth, Bolton, Greater Manchester BL4 7HH2
£78K05/230.12 mi1, Barwell Square, Farnworth, Bolton, Greater Manchester BL4 7TQ2
£89.5K01/230.15 mi118, Cawdor Street, Farnworth, Bolton, Greater Manchester BL4 7HX2
£70.5K06/230.17 mi47, Phethean Street, Farnworth, Bolton, Greater Manchester BL4 7LJ2
£155.6K12/210.18 mi76, Brentwood Drive, Farnworth, Bolton, Greater Manchester BL4 7TR2
£139.9K12/200.18 mi103, Brentwood Drive, Farnworth, Bolton, Greater Manchester BL4 7TR2
£66K04/210.19 mi20, Merrion Street, Farnworth, Bolton, Greater Manchester BL4 7LG2
£155K03/230.2 mi189, Brentwood Drive, Farnworth, Bolton, Greater Manchester BL4 7TW2
£120K11/210.23 mi45, Ivanhoe Street, Bolton, Greater Manchester BL3 2PS2
£134.9K07/210.23 mi169, Campbell Street, Farnworth, Bolton, Greater Manchester BL4 7HN2
£100.2K02/230.26 mi13, Joseph Street, Farnworth, Bolton, Greater Manchester BL4 7LH2
£90.8K02/210.27 mi19, Rowena Street, Bolton, Greater Manchester BL3 2PW2
£82K02/210.27 mi28, Francis Street, Farnworth, Bolton, Greater Manchester BL4 7NG2
£137.5K11/210.28 mi19, Ashby Close, Farnworth, Bolton, Greater Manchester BL4 7TS2
£170K03/230.28 mi16, Ashby Close, Farnworth, Bolton, Greater Manchester BL4 7TS2
£140K03/210.33 mi50, Dixon Green Drive, Farnworth, Bolton, Greater Manchester BL4 7EQ2
£125K04/210.33 mi74, Dixon Green Drive, Farnworth, Bolton, Greater Manchester BL4 7EQ2
£140K11/220.33 mi90, Dixon Green Drive, Farnworth, Bolton, Greater Manchester BL4 7EQ2
£148K11/220.33 mi89, Dixon Green Drive, Farnworth, Bolton, Greater Manchester BL4 7EQ2
£142K09/210.34 mi42, Paisley Park, Farnworth, Bolton, Greater Manchester BL4 7ET2
£130K09/210.34 mi39, Paisley Park, Farnworth, Bolton, Greater Manchester BL4 7ET2
£120K07/210.34 mi64, Harper Green Road, Farnworth, Bolton, Greater Manchester BL4 0DU2
£130K01/230.35 mi4, Green Street, Farnworth, Bolton, Greater Manchester BL4 7EN2
£110K12/200.36 mi7, Greenside, Farnworth, Bolton, Greater Manchester BL4 7EW2
£70K07/210.37 mi17, Glynne Street, Farnworth, Bolton, Greater Manchester BL4 7DN2
£106K10/210.4 mi14, Westminster Street, Farnworth, Bolton, Greater Manchester BL4 7DA2
£162.5K03/230.4 mi6, Plodder Lane, Farnworth, Bolton, Greater Manchester BL4 0AA2
£132K03/210.4 mi37, Harper Green Road, Farnworth, Bolton, Greater Manchester BL4 0DL2
£80K11/200.42 mi66, Starcliffe Street, Bolton, Greater Manchester BL3 2PU2
£85K01/230.42 mi85, Corson Street, Bolton, Greater Manchester BL3 2QA2
£95K05/210.42 mi49, Fylde Street East, Bolton, Greater Manchester BL3 2QE2
£160K07/230.42 mi28, Almond Street, Farnworth, Bolton, Greater Manchester BL4 7BZ2
£125K01/210.42 mi29, Almond Street, Farnworth, Bolton, Greater Manchester BL4 7BZ2
£127K02/230.43 mi58, Plodder Lane, Farnworth, Bolton, Greater Manchester BL4 0DA2
£118K10/210.44 mi5, Bridgeman Street, Farnworth, Bolton, Greater Manchester BL4 7PR2
£95K11/210.47 mi272, Crescent Road, Bolton, Greater Manchester BL3 2LZ2
£70K06/210.47 mi276, Crescent Road, Bolton, Greater Manchester BL3 2LZ2
£63K11/200.48 mi34, Mossfield Road, Farnworth, Bolton, Greater Manchester BL4 0AB2
£98K10/200.48 mi81, Plodder Lane, Farnworth, Bolton, Greater Manchester BL4 0BX2
£98K10/200.49 mi134, Plodder Lane, Farnworth, Bolton, Greater Manchester BL4 0BU2
£155K03/230.53 mi5, Harrowby Fold, Farnworth, Bolton, Greater Manchester BL4 7DZ2
£165K05/230.53 mi51, Bishops Road, Bolton, Greater Manchester BL3 2JE2
£100K02/210.55 mi99, St Germain Street, Farnworth, Bolton, Greater Manchester BL4 7BQ2
£88K05/210.55 mi105, St Germain Street, Farnworth, Bolton, Greater Manchester BL4 7BQ2
£85K05/210.57 mi70, Highfield Road, Farnworth, Bolton, Greater Manchester BL4 0AD2
£100K04/210.57 mi66, Highfield Road, Farnworth, Bolton, Greater Manchester BL4 0AD2
£75K05/210.6 mi58, Rawson Street, Farnworth, Bolton, Greater Manchester BL4 7RJ2

Local Rents

50 rents from £700/mo to £1.3K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85004/250.01 mi-2
£95004/250.06 mi-2
£85010/240.07 mi-2
£85011/240.11 mi-2
£1,20012/240.14 mi-2
£1,00003/250.14 mi-2
£79502/240.14 mi-2
£79502/240.14 mi-2
£85003/250.16 mi-2
£85004/240.19 mi-2
£85004/240.19 miThorne Street, Bolton, BL42
£75001/250.19 mi-2
£75002/250.19 mi-2
£92511/240.2 mi-2
£70012/230.24 mi-2
£85012/240.28 mi-2
£85012/240.28 mi-2
£70012/240.28 mi-2
£87503/250.3 mi-2
£89504/240.32 miDixon Green Drive, Farnworth, Bolton2
£85004/240.35 miDixon Green Drive, Farnworth, Bolton, BL42
£80002/240.35 mi-2
£85009/240.35 mi-2
£82011/240.38 mi-2
£92508/240.4 mi-2
£89510/240.4 mi-2
£85003/250.45 mi-2
£82501/250.46 mi-2
£1,14507/240.49 mi-2
£1,19512/240.49 mi-2
£1,19511/240.49 mi-2
£1,19504/250.49 mi-2
£1,25003/240.49 miAlbert Road, Farnworth, Bolton, BL42
£1,19503/240.49 miAlbert Road, Farnworth, Bolton, BL42
£1,19504/240.49 miAlbert Road, Farnworth, Bolton, BL42
£1,19404/240.49 miAlbert Road, Farnworth, Bolton, BL42
£1,19405/240.49 miAlbert Road, Farnworth, Bolton, BL42
£1,27511/230.5 mi-2
£77010/230.52 mi-2
£80002/240.52 mi-2
£82010/240.52 mi-2
£76004/240.52 miReed Close, Bolton, BL42
£80004/240.53 miReed Close, Farnworth, Bolton, BL42
£80005/240.53 miReed Close, Farnworth, Bolton, BL42
£80006/240.53 mi-2
£80012/240.54 mi-2
£77010/230.54 mi-2
£82503/240.55 miSt. Germain Street, Farnworth, Bolton2
£85012/240.55 mi-2
£82504/240.55 miSt. Germain Street, Farnworth, Bolton, BL42

Local Area Statistics

Population in BL4

33,664

Town centre distance

1.85 miles away

Nearest school

0.40 miles away

Nearest train station

0.24 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Seller's market

Capital growth (5yrs)

+61%

Property History

Listed for £90,000

November 14, 2024

Sold for £5,750

2001

Floor Plans

Description

  • FOR SALE BY MODERN METHOD OF AUCTION +
  • 2 BEDROOM TERRACE +
  • 2 RECEPTION ROOMS +
  • FITTED KITCHEN +
  • WET ROOM +
  • IN NEED OF FULL REFURBISHMENT +

*FOR SALE BY MODERN METHOD OF AUCTION; STARTING BID PRICE £90,000 PLUS RESERVATION FEE. * AUCTION END DATE 29TH NOVEMBER AT 12PM

Harrisons are delighted to bring you this 2 Bedroom Terrace, sold through modern method of auction.

The property boasts 2 spacious reception rooms and a fitted kitchen to the ground floor. Upstairs you will find 2 double bedrooms and a wet room.

This property is in need of a full refurbishment and perfect for someone looking for a project, potentially an investor or first time buyer.

Contact our Sales team today and avoid missing out!

EPC: D COUNCIL TAX: A TENURE: FREEHOLD

PROPERTY FEATURES AND DETAILS: FOR SALE BY MODERN METHOD OF AUCTION 2 BEDROOM TERRACE 2 RECEPTION ROOMS FITTED KITCHEN WET ROOM IN NEED OF FULL REFURBISHMENT

PROPERTY LOCATION: Moses Gate Train Station (0.3Miles) Harper Green School (0.7Miles) Highfield Primary School (0.9Miles) Royal Bolton Hospital (1.1Miles) Tesco (1.1Miles)

HARRISONS - EXPERIENCE THE DIFFERENCE BOOK A VIEWING ONLINE / TELEPHONE / WHATSAPP FLEXIBLE VIEWING APPOINTMENTS AVAILABLE OPEN 6 DAYS A WEEK CONTACT OUR BRANCH FOR MORE DETAILS

Porch: 0.94 X 1.1 Carpet flooring. UPVC front door. Electric meter. Gas meter. Wall mounted coat hanger.

Reception room: 3.92 X 4.13 Carpet flooring. Double glazed window to the front. Pendant light. Double panel radiator. Low level cupboard with water meter. Wood and glass gas fireplace with wood and marble effect surround. French doors leading to reception room 2.

Reception room 2: 4.15 X 3.5 Partially carpet/concrete flooring. Gas fire. Double panel radiator. Double glazed window to rear. Bar light. Under the stairs storage. Stairs leading to first floor. Small double panel radiator.

Kitchen: 2.61 X 2.23 Wood fitted kitchen with laminate work tops. Electric oven. 4 ring gas burner. Composite sink with drainer and mixer tap. Space for fridge/freezer. Space for washing machine. Tiles splashback surround. Bar light. Double panel radiator. UPVC door to side access to rear garden. Double glazed window to rear.

Landing: 7.97 X 1.31 Carpet flooring. Bar light. Storage cupboards on landing.

Bedroom 1: 3.92 X 4.17 Carpet flooring double glazed and leaded window to the front. Single panel radiator. Mirrored ceiling and integrated light.

Bedroom 2: 4.15 X 2.49 Wood flooring. Double glazed window to the rear. Fireplace. Shelving. Single panel radiator. Pendant light.

Wet room: 2.76 X 2.15 White WC. Wall sink with chrome taps. Frosted double glazed window to the rear. Pendant light. Extractor. Lino flooring. Mira electric shower. Splashback tiled surround

Rear garden: Flagged. Wood fence surround. Bin storage. Hose pipe connector. Wooden door access to street.

Auctioneer Comments 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, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements 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.

AML Disclaimer Please note it is a legal requirement that we require 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.

Agents Note Under Section 21 of the 1979 Estate Agents Act we must declare if the owner of this property is related to an employee of Harrisons Lettings and Management Ltd.

Agents Note We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Harrisons Lettings and Management Ltd.

IMPORTANT NOTE TO POTENTIAL PURCHASERS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.

POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.

BUYERS INFORMATION To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Credas, which Harrisons Lettings and Management Ltd will send your AML check. There is a nominal charge of £30 including VAT for this (per person), payable direct to Harrisons Lettings and Management Ltd. Please note, we are unable to issue a memorandum of sale until the checks are complete.

REFERRAL FEES We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Harrisons Lettings and Management Ltd.

Agent Details

Harrisons Estate Agents, Bolton

01202 145436

Next Steps?

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