3 Bed Terraced House, Refurb/BRRR, Bolton, BL3 4JH, £150,000

Malton Avenue, Deane, BL3 4JH - 4 views - 4 months ago

Under Offer
Refurb/BRRR
ROI: 3%
~93 m²
+6 photos

ValuationFair Value

Sold Prices£56.8K - £312K
Sold Prices/m²£951/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£150,000

 

 

End Value (After Refurb)

£160,371

Uplift in Value

+7%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Refurb Costs

£39,324

Bridging Loan Interest

£3,938

Total Cash In

£88,212

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£160,371

Mortgage (After Refinance)

£120,278

Mortgage LTV

75%

Cash Released

£7,778

Cash Left In

£80,433

Equity

£40,093

Rent Range

£800 - £1,350

Rent Estimate

£950

Running Costs/mo

£711

Cashflow/mo

£239

Cashflow/yr

£2,866

ROI

3%

Gross Yield

8%

Local Sold Prices

50 sold prices from £56.8K to £312K, average is £160K. £951/m² to £3.4K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£160K09/210.09 mi88, Hulton Lane, Bolton, Greater Manchester BL3 4JD3
£97K08/230.09 mi122, Hulton Lane, Bolton, Greater Manchester BL3 4JD3
£110K06/210.14 mi50, Hulton Lane, Bolton, Greater Manchester BL3 4JB3
£56.8K03/230.14 mi42, Hulton Lane, Bolton, Greater Manchester BL3 4JB3
£155K02/210.14 mi9, Harbury Close, Bolton, Greater Manchester BL3 4JY3
£100K03/210.18 mi12, Platt Hill Avenue, Bolton, Greater Manchester BL3 4JR3
£120K03/210.18 mi356, Deane Church Lane, Bolton, Greater Manchester BL3 4EU3
£100K05/210.18 mi300, Deane Church Lane, Bolton, Greater Manchester BL3 4EU3
£130K06/210.2 mi185, Deane Church Lane, Bolton, Greater Manchester BL3 4EN3
£119.8K11/210.22 mi289, Willows Lane, Bolton, Greater Manchester BL3 4HH3
£94K03/230.22 mi8, Lenora Street, Bolton, Greater Manchester BL3 4EZ3
£150K01/230.24 mi223, Willows Lane, Bolton, Greater Manchester BL3 4HE3
£165K06/230.25 mi10, Greenhill Avenue, Bolton, Greater Manchester BL3 4HB3
£167.5K02/210.25 mi11, Frinton Road, Bolton, Greater Manchester BL3 3TQ3
£110K01/210.26 mi17, Clunton Avenue, Bolton, Greater Manchester BL3 4HD3
£170.5K02/210.26 mi259, Hulton Lane, Bolton, Greater Manchester BL3 4LE3
£201.5K05/230.26 mi269, Hulton Lane, Bolton, Greater Manchester BL3 4LE3
£168K05/210.26 mi290, Hulton Lane, Bolton, Greater Manchester BL3 4LE3
£312K04/210.26 mi274, Hulton Lane, Bolton, Greater Manchester BL3 4LE3
£137K10/210.27 mi129, Deane Church Lane, Bolton, Greater Manchester BL3 4EQ3
£173K08/210.28 mi5, Edge Hill Road, Bolton, Greater Manchester BL3 3TF3
£229K06/210.29 mi44, Winterfield Drive, Bolton, Greater Manchester BL3 4TE3
£210.5K12/220.3 mi4, Broxton Avenue, Bolton, Greater Manchester BL3 3TG3
£110K01/230.31 mi1, Chestnut Close, Bolton, Greater Manchester BL3 4DR3
£190K02/210.32 mi4, Sunadale Close, Bolton, Greater Manchester BL3 5RS3
£125K02/210.33 mi313, Hulton Lane, Bolton, Greater Manchester BL3 4LF3
£179K08/210.35 mi10, Vigo Avenue, Bolton, Greater Manchester BL3 3TE3
£82K03/230.35 mi21, Minnie Street, Bolton, Greater Manchester BL3 4EF3
£206K03/210.36 mi340, Hulton Lane, Bolton, Greater Manchester BL3 4LA3
£180K05/230.37 mi11, Hawthorne Road, Bolton, Greater Manchester BL3 5RE3
£165K10/210.38 mi31, Windyhill Drive, Bolton, Greater Manchester BL3 4TH3
£106K02/210.38 mi90, Longfield Road, Bolton, Greater Manchester BL3 3SZ3
£110K10/210.38 mi31, Kylemore Avenue, Bolton, Greater Manchester BL3 5RD3
£250K07/220.38 mi11, Gleneagles, Bolton, Greater Manchester BL3 4XL3
£71K10/200.39 mi46, Gleneagles, Bolton, Greater Manchester BL3 4XL3
£250K03/210.39 mi3, Gleneagles, Bolton, Greater Manchester BL3 4XL3
£125K04/230.4 mi41, Park View Road, Bolton, Greater Manchester BL3 4BE3
£160K01/230.4 mi15, Brampton Road, Bolton, Greater Manchester BL3 3SX3
£155K06/210.4 mi414, St Helens Road, Bolton, Greater Manchester BL3 3RR3
£227K11/220.41 mi15, Canmore Close, Bolton, Greater Manchester BL3 4TN3
£168K12/200.41 mi19, Canmore Close, Bolton, Greater Manchester BL3 4TN3
£160K03/210.42 mi4, Carnoustie, Bolton, Greater Manchester BL3 4TF3
£104K11/210.43 mi6, St Ethelberts Avenue, Bolton, Greater Manchester BL3 5RH3
£135K02/210.43 mi59, Everbrom Road, Bolton, Greater Manchester BL3 4LD3
£170K11/220.43 mi15, Wyndham Avenue, Bolton, Greater Manchester BL3 4LQ3
£131.5K07/210.43 mi195, Willows Lane, Bolton, Greater Manchester BL3 4AZ3
£160K07/230.44 mi355, Hulton Lane, Bolton, Greater Manchester BL3 4LH3
£199.9K03/210.44 mi12, St Ethelberts Avenue, Bolton, Greater Manchester BL3 5RH3
£175K12/200.45 mi8, Renfrew Drive, Bolton, Greater Manchester BL3 4XX3
£264K03/230.45 mi24, Renfrew Drive, Bolton, Greater Manchester BL3 4XX3

Local Rents

11 rents from £800/mo to £1.4K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,35001/250.39 mi-3
£85012/240.44 mi-3
£95003/250.44 mi-3
£90001/250.44 mi-3
£80003/250.59 mi-3
£1,30012/240.62 miFenton Way, Bolton, BL33
£99512/241.06 mi-3
£1,15012/241.08 mi9 Milverton Close, Lostock, Bolton, BL6 4RR3
£1,15004/241.17 miDorrian Mews, Heaton3
£1,35001/251.18 mi-3
£99503/241.19 mi29 Harrow Street, Bolton, BL1 4NH3

Local Area Statistics

Population in BL3

63,785

Population in Bolton

217,471

Town centre distance

1.89 miles away

Nearest school

0.30 miles away

Nearest train station

1.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+0%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £150,000

December 10, 2024

Floor Plans

Description

  • Three bedrooms +
  • Large garden to rear +
  • Driveway parking +
  • In need of modernisation +
  • Lounge +
  • Modern fitted kitchen diner +
  • Potential to extend subject to planning +
  • Close to local amenities +

Located on a quiet estate just off Hulton Lane is this good sized end terraced property which offers plenty of potential throughout. The property is located close to many local amenities and within a short drive of the M61 motorway network. Internally the accommodation comprises an entrance hallway, lounge and kitchen/diner to the ground floor with three bedrooms and a bathroom to the first floor.  Externally To the there is driveway parking to the front of the property with a large garden which is partially flagged with lawn area to the rear and a storage shed.  For further information contact Cardwells Estate Agents Bolton Email or visit

Agent Details

Cardwells Sales, Lettings, Management & Commercial, Bolton

01204 326650

Next Steps?

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