3 Bed Semi-Detached House, Refurb/BRRR, Bolton, BL3 4SJ, £160,000

Taywood Road, Bolton, Greater Manchester, BL3 4SJ - 1 views - 4 months ago

Sold STC

Refurb/BRRR

ROI: 5%

~79 m²

+5 photos

ValuationFair Value

Sold Prices	£105K - £345K
Sold Prices/m²	£1K/m² - £4.5K/m²

Square Metres	~79.30 m²
Price/m²	£2K/m²
Value Estimate	£160,000£160,000

End Value (After Refurb)	£185,758£185,758
Uplift in Value	+16%+16%

Investment Opportunity

Cash In
Purchase Finance	Bridging LoanBridging Loan
Deposit (25%)	£40,000£40,000
Stamp Duty & Legal Fees	£9,900£9,900
Refurb Costs	£33,531£33,531
Bridging Loan Interest	£4,200£4,200
Total Cash In	£89,381£89,381

Cash Out
Monetisation	FlipRefinance & RentRefinance & Rent
Revaluation	£185,758£185,758
Mortgage (After Refinance)	£139,318£139,318
Mortgage LTV	75%75%
Cash Released	£19,318£19,318
Cash Left In	£70,063£70,063
Equity	£46,439£46,439
Rent Range	£485 - £3,297£485 - £3,297
Rent Estimate	£1,189
Running Costs/mo	£838£838
Cashflow/mo	£351£351
Cashflow/yr	£4,208£4,208
ROI	5%5%
Gross Yield	9%9%

Local Sold Prices

50 sold prices from £105K to £345K, average is £221K. £1K/m² to £4.5K/m², average is £2.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£182K	01/21	0.07 mi	8, Winslow Road, Bolton, Greater Manchester BL3 4SP	£1,896	96	3	Semi-Detached House
£239K	06/23	0.11 mi	547, Bolton Road, Bolton, Greater Manchester BL3 4SQ	-	-	3	Semi-Detached House
£218.5K	03/21	0.13 mi	532, Bolton Road, Bolton, Greater Manchester BL3 4SG	£2,185	100	3	Semi-Detached House
£290K	02/21	0.2 mi	16, Hornby Drive, Bolton, Greater Manchester BL3 4RP	£4,462	65	3	Semi-Detached House
£208K	02/23	0.23 mi	11, Punch Lane, Bolton, Greater Manchester BL3 4SE	£2,337	89	3	Semi-Detached House
£250K	02/21	0.25 mi	6, Lock Lane, Bolton, Greater Manchester BL3 4RL	£2,809	89	3	Semi-Detached House
£130K	10/21	0.25 mi	1, Mossland Grove, Bolton, Greater Manchester BL3 4SH	£1,646	79	3	Semi-Detached House
£235K	11/20	0.27 mi	453, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3BJ	£2,423	97	3	Semi-Detached House
£160K	02/23	0.28 mi	53, Knutshaw Crescent, Bolton, Greater Manchester BL3 4SB	£3,368	48	3	Semi-Detached House
£190K	04/21	0.48 mi	366, Tempest Road, Lostock, Bolton, Greater Manchester BL6 4HS	£2,405	79	3	Semi-Detached House
£220K	09/23	0.48 mi	368, Tempest Road, Lostock, Bolton, Greater Manchester BL6 4HS	£2,368	93	3	Semi-Detached House
£340K	04/23	0.55 mi	23, Havisham Close, Lostock, Bolton, Greater Manchester BL6 4EN	£3,400	100	3	Detached House
£230K	03/21	0.57 mi	5, Hadleigh Green, Lostock, Bolton, Greater Manchester BL6 4EB	£2,300	100	3	Terraced House
£230K	01/21	0.57 mi	12, Hadleigh Green, Lostock, Bolton, Greater Manchester BL6 4EB	£1,933	119	3	Terraced House
£175.5K	10/21	0.6 mi	97, St Johns Road, Lostock, Bolton, Greater Manchester BL6 4HB	-	-	3	Terraced House
£115.5K	11/20	0.61 mi	652, Manchester Road, Westhoughton, Bolton, Greater Manchester BL5 3JD	£1,041	111	3	Terraced House
£188K	03/21	0.61 mi	62, St Johns Road, Lostock, Bolton, Greater Manchester BL6 4HA	£2,321	81	3	Terraced House
£171K	12/22	0.62 mi	226, Tempest Road, Lostock, Bolton, Greater Manchester BL6 4ES	£2,342	73	3	Terraced House
£105K	03/21	0.63 mi	222, Tempest Road, Lostock, Bolton, Greater Manchester BL6 4ES	£1,458	72	3	Terraced House
£235K	12/22	0.63 mi	313, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3EL	£2,225	106	3	Semi-Detached House
£222K	06/21	0.63 mi	285, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3EL	-	-	3	Semi-Detached House
£345K	03/21	0.69 mi	9, Cringle Close, Bolton, Greater Manchester BL3 4XT	£3,833	90	3	Detached House
£220K	12/20	0.69 mi	281, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3HU	-	-	3	Semi-Detached House
£167K	11/20	0.69 mi	14, Snydale Close, Westhoughton, Bolton, Greater Manchester BL5 3EP	£2,288	73	3	Terraced House
£215K	03/21	0.69 mi	21, Turnberry, Bolton, Greater Manchester BL3 4XJ	£2,829	76	3	Detached House
£173.5K	12/20	0.7 mi	301, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3HU	£2,196	79	3	Semi-Detached House
£236.4K	02/21	0.7 mi	289, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3HU	£2,835	83	3	Semi-Detached House
£240K	10/20	0.73 mi	5, Birchfield Grove, Bolton, Greater Manchester BL3 4UR	£2,449	98	3	Detached House
£190K	04/21	0.73 mi	417, Manchester Road, Westhoughton, Bolton, Greater Manchester BL5 3JS	£2,836	67	3	Semi-Detached House
£310K	09/21	0.73 mi	11, Birchfield Grove, Bolton, Greater Manchester BL3 4UR	£3,370	92	3	Detached House
£335K	12/22	0.73 mi	16, Oldstead Grove, Bolton, Greater Manchester BL3 4XW	£3,360	100	3	Detached House
£245K	09/21	0.73 mi	34, Yellow Lodge Drive, Westhoughton, Bolton, Greater Manchester BL5 3EX	£2,849	86	3	Semi-Detached House
£315K	11/22	0.73 mi	20, Oldstead Grove, Bolton, Greater Manchester BL3 4XW	£3,316	95	3	Detached House
£263K	03/23	0.73 mi	13, Yellow Lodge Drive, Westhoughton, Bolton, Greater Manchester BL5 3EX	-	-	3	Semi-Detached House
£252.5K	09/21	0.73 mi	37, Yellow Lodge Drive, Westhoughton, Bolton, Greater Manchester BL5 3EX	£2,603	97	3	Detached House
£208K	01/21	0.74 mi	22a, Chew Moor Lane, Lostock, Bolton, Greater Manchester BL6 4HH	£1,981	105	3	Semi-Detached House
£305K	06/21	0.74 mi	6, Langside Drive, Bolton, Greater Manchester BL3 4US	-	-	3	Detached House
£157K	03/21	0.76 mi	23, Redstock Close, Westhoughton, Bolton, Greater Manchester BL5 3UX	£2,640	59	3	Semi-Detached House
£260K	12/22	0.77 mi	64, Molyneux Road, Westhoughton, Bolton, Greater Manchester BL5 3EU	-	-	3	Detached House
£202.5K	04/21	0.77 mi	13, Molyneux Road, Westhoughton, Bolton, Greater Manchester BL5 3HN	-	-	3	Semi-Detached House
£280K	11/21	0.77 mi	17, Beaumont Chase, Bolton, Greater Manchester BL3 4XH	£3,780	74	3	Detached House
£283K	11/22	0.79 mi	3, Dunblane Avenue, Bolton, Greater Manchester BL3 4UB	-	-	3	Detached House
£220K	02/21	0.79 mi	12, Farleigh Close, Westhoughton, Bolton, Greater Manchester BL5 3ES	£2,472	89	3	Detached House
£229.9K	09/21	0.8 mi	7, Netherwood Way, Westhoughton, Bolton, Greater Manchester BL5 3ZG	-	-	3	Semi-Detached House
£252K	02/21	0.8 mi	1, Brandforth Gardens, Westhoughton, Bolton, Greater Manchester BL5 3ZP	£2,769	91	3	Detached House
£220K	11/20	0.81 mi	2, Allerton Close, Westhoughton, Bolton, Greater Manchester BL5 3UG	£2,467	89	3	Detached House
£235K	11/20	0.82 mi	10, Wellburn Close, Bolton, Greater Manchester BL3 3RL	£2,527	93	3	Detached House
£175K	03/23	0.82 mi	12, Withinlea Close, Westhoughton, Bolton, Greater Manchester BL5 3ZH	£2,035	86	3	Terraced House
£186K	01/23	0.83 mi	77, Molyneux Road, Westhoughton, Bolton, Greater Manchester BL5 3UJ	£2,093	89	3	Detached House
£155K	12/20	0.84 mi	48, Fellbridge Close, Westhoughton, Bolton, Greater Manchester BL5 3UD	£1,890	82	3	Terraced House

Local Rents

50 rents from £485/mo to £3.3K/mo, average is £950/mo.

Rent	Date	Distance	Address	Beds	Type
£1,350	01/25	0.11 mi	-	3	Semi-Detached House
£600	11/24	0.13 mi	-	1	Flat
£895	02/24	0.28 mi	-	2	Semi-Detached House
£995	02/24	0.28 mi	-	2	Semi-Detached House
£2,000	12/24	0.66 mi	Tempest Road, Bolton, BL6	3	Detached House
£850	12/24	0.76 mi	-	2	Flat
£1,900	03/25	0.77 mi	-	4	Detached House
£1,775	01/25	0.79 mi	-	4	Detached House
£1,400	12/24	0.81 mi	-	3	Terraced House
£725	12/24	0.81 mi	Beaumont Chase, Bolton, Greater Manchester, BL3 4XH	1	Terraced House
£875	12/23	0.84 mi	-	2	Semi-Detached House
£695	12/24	0.86 mi	-	1	Flat
£900	12/24	0.87 mi	Stonehaven, Bolton	2	Detached House
£1,300	12/24	0.89 mi	Fenton Way, Bolton, BL3	3	Detached House
£1,400	12/24	0.91 mi	Wendover Drive, Ladybridge	4	Detached House
£775	12/24	0.91 mi	Heaton Road, Lostock, Bolton, BL6	2	Terraced House
£1,150	12/24	0.95 mi	9 Milverton Close, Lostock, Bolton, BL6 4RR	3	Flat
£625	12/24	0.96 mi	Hulton Mount, St. Helens Road, Middle Hulton, Bolton	1	Flat
£750	12/24	0.99 mi	-	1	Flat
£850	01/25	1.02 mi	-	2	Terraced House
£850	02/25	1.02 mi	-	2	Terraced House
£900	12/24	1.04 mi	-	2	Semi-Detached House
£1,495	12/24	1.05 mi	4 Regents Place, Lostock, Bolton, BL6 4PU	4	Flat
£1,350	12/24	1.08 mi	Sandwood Avenue, Ladybridge, Bolton, BL3	4	Detached House
£900	03/25	1.1 mi	-	2	Terraced House
£850	12/23	1.11 mi	-	2	Flat
£950	03/25	1.11 mi	-	2	Flat
£850	04/25	1.11 mi	-	2	Flat
£1,500	11/24	1.12 mi	-	4	Semi-Detached House
£1,550	12/24	1.12 mi	Perseverance Close, Westhoughton, BL5 3FZ	4	Detached House
£650	12/24	1.13 mi	Wigan Road, Deane, Bolton. AVAILABLE NOW*	1	Flat
£1,180	12/24	1.13 mi	Spinney Way, Westhoughton, Bolton, Greater Manchester, BL5	3	Detached House
£1,100	12/24	1.16 mi	Hulton Lane, Deane, Bolton BL3	4	Flat
£1,500	12/24	1.19 mi	Flat A, Willowbank, 34 Lostock Junction Lane, Lostock, BL6 4JW	2	Flat
£1,300	12/24	1.28 mi	Newbrook Road, Over Hulton, Bolton	3	Detached House
£875	12/24	1.29 mi	-	2	Flat
£485	12/24	1.29 mi	For people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL5	2	Flat
£511	12/24	1.29 mi	For people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL5	2	Flat
£2,200	12/24	1.31 mi	Regent Road, Lostock, Bolton	4	Flat
£1,650	12/24	1.31 mi	-	4	Bungalow
£2,950	12/24	1.32 mi	Regent Road, Lostock, Bolton	4	Detached House
£3,297	12/24	1.32 mi	-	5	Semi-Detached House
£2,000	03/24	1.33 mi	20 Braybrook Drive, Lostock, BL1 5XA	5	Detached House
£625	12/24	1.33 mi	-	1	Flat
£950	11/24	1.34 mi	-	2	Terraced House
£875	02/25	1.34 mi	-	2	Semi-Detached House
£675	12/24	1.35 mi	The Loft, Church Street, Westhoughton, Bolton, BL5 3SX	2	Flat
£850	01/25	1.35 mi	-	2	Terraced House
£1,150	12/24	1.37 mi	Church Street, Westhoughton, Bolton	3	Flat
£1,600	12/24	1.37 mi	-	3	Terraced House

Local Area Statistics

Population in BL3	63,78563,785
Population in Bolton	217,471217,471
Town centre distance	2.29 miles away2.29 miles away
Nearest school	0.80 miles away0.80 miles away
Nearest train station	1.01 miles away1.01 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+0%+0%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+35%+35%

Property History

Listed for £160,000

December 10, 2024

Floor Plans

Description

SOUGHT AFTER LOCATION SPACIOUS FAMILY HOME IN NEED OF MODERNISATION*NO ONWARD CHAIN**

If you are looking for a family home, in a sought after location with great commuting links this is the one for you! Situated within a well presented estate, close to highly regarded schools, local amenities and easy access to the M61. This family home offers spacious rooms throughout and great external space.

The property briefly comprises entrance hall, lounge which opens to a dining room and fitted kitchen. To the first floor are three bedrooms and a family bathroom suite. Externally there are gardens to the front and rear with a driveway providing off street parking. The property is heated by a gas central heating system and is double glazed. Early viewing is advised.

Agent Details

Miller Metcalfe, Bolton

01204 958263

Next Steps?

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

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