3 Bed Terraced House, Refurb/BRRR, Bolton, BL6 4AU, £150,000

Cambridge Road, Lostock, Bolton, Greater Manchester, BL6 4AU - 3 months ago

Sold STC
Refurb/BRRR
ROI: 5%
~65 m²
+12 photos

ValuationOvervalued

Sold Prices£101K - £435K
Sold Prices/m²£1K/m² - £5.2K/m²

 

 

Square Metres

~64.50 m²
Price/m²£2.3K/m²

Value Estimate

£137,544

 

 

End Value (After Refurb)

£151,355

Uplift in Value

+1%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£9,200

Refurb Costs

£27,300

Bridging Loan Interest

£3,938

Total Cash In

£79,688

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£151,355

Mortgage (After Refinance)

£113,516

Mortgage LTV

75%

Cash Released

£1,016

Cash Left In

£78,671

Equity

£37,839

Rent Range

£850 - £1,600

Rent Estimate

£1,034

Running Costs/mo

£700

Cashflow/mo

£334

Cashflow/yr

£4,011

ROI

5%

Gross Yield

8%

Local Sold Prices

50 sold prices from £101K to £435K, average is £175K. £1K/m² to £5.2K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£166K11/200 mi1, Cambridge Road, Lostock, Bolton, Greater Manchester BL6 4AU3
£188K08/210 mi17, Cambridge Road, Lostock, Bolton, Greater Manchester BL6 4AU3
£135K11/200.04 mi12, Oxford Road, Lostock, Bolton, Greater Manchester BL6 4AY3
£117.5K04/210.05 mi58, Alexandra Road, Lostock, Bolton, Greater Manchester BL6 4BB3
£166.7K06/230.1 mi18, Shaftesbury Avenue, Lostock, Bolton, Greater Manchester BL6 4AP3
£395K10/230.16 mi5, Ainscow Avenue, Lostock, Bolton, Greater Manchester BL6 4LR3
£272.5K11/220.19 mi7, Melbury Drive, Lostock, Bolton, Greater Manchester BL6 4NL3
£190K03/210.2 mi8, Melbury Drive, Lostock, Bolton, Greater Manchester BL6 4NL3
£300K05/210.23 mi45, Wilson Fold Avenue, Lostock, Bolton, Greater Manchester BL6 4LS3
£180K02/210.23 mi19, Foxhunter Close, Lostock, Bolton, Greater Manchester BL6 4GR3
£218K03/230.23 mi61, Academy Way, Lostock, Bolton, Greater Manchester BL6 4GH3
£173.5K02/210.23 mi55, Academy Way, Lostock, Bolton, Greater Manchester BL6 4GH3
£170K08/230.24 mi6, Hawthorne Avenue, Horwich, Bolton, Greater Manchester BL6 6JD3
£335K06/210.24 mi40, Chorley New Road, Lostock, Bolton, Greater Manchester BL6 4AL3
£435K08/210.24 mi68, Chorley New Road, Lostock, Bolton, Greater Manchester BL6 4AL3
£200K08/210.29 mi13, Avebury Close, Horwich, Bolton, Greater Manchester BL6 6LW3
£206.5K05/210.29 mi11, Avebury Close, Horwich, Bolton, Greater Manchester BL6 6LW3
£250K04/230.31 mi8, Cedar Avenue, Horwich, Bolton, Greater Manchester BL6 6HT3
£287K09/230.31 mi18, Cedar Avenue, Horwich, Bolton, Greater Manchester BL6 6HT3
£410K06/210.31 mi8, Higher Austins, Lostock, Bolton, Greater Manchester BL6 4LY3
£267K08/230.33 mi3, Maple Avenue, Horwich, Bolton, Greater Manchester BL6 6HP3
£310.5K04/210.34 mi38, St Leonards Avenue, Lostock, Bolton, Greater Manchester BL6 4JE3
£210K09/210.36 mi46, Silver Birch Close, Lostock, Bolton, Greater Manchester BL6 4GF3
£230K06/210.36 mi27, Silver Birch Close, Lostock, Bolton, Greater Manchester BL6 4GF3
£220K09/210.36 mi25, Silver Birch Close, Lostock, Bolton, Greater Manchester BL6 4GF3
£172.5K03/230.39 mi3, Poplar Avenue, Horwich, Bolton, Greater Manchester BL6 6HZ3
£135K03/210.39 mi4, Poplar Avenue, Horwich, Bolton, Greater Manchester BL6 6HZ3
£135K01/210.43 mi5, Birch Tree Way, Horwich, Bolton, Greater Manchester BL6 6JQ3
£170K10/210.49 mi47, Brazley Avenue, Horwich, Bolton, Greater Manchester BL6 6LF3
£175K04/210.53 mi1, Highland Road, Horwich, Bolton, Greater Manchester BL6 6LP3
£175K03/230.53 mi167, Claypool Road, Horwich, Bolton, Greater Manchester BL6 6JP3
£223.5K07/230.53 mi96, Claypool Road, Horwich, Bolton, Greater Manchester BL6 6JP3
£130K08/230.55 mi6, Knowsley Grove, Horwich, Bolton, Greater Manchester BL6 6EZ3
£117.5K02/210.55 mi8, Knowsley Grove, Horwich, Bolton, Greater Manchester BL6 6EZ3
£194K07/230.56 mi12, The Heights, Horwich, Bolton, Greater Manchester BL6 6LL3
£175K09/210.57 mi24, Trevarrick Court, Horwich, Bolton, Greater Manchester BL6 6TF3
£167K02/230.58 mi4, Makinson Avenue, Horwich, Bolton, Greater Manchester BL6 6NA3
£152.5K10/200.58 mi4, Makinson Avenue, Horwich, Bolton, Greater Manchester BL6 6NA3
£185K12/220.58 mi34, Ainsworth Avenue, Horwich, Bolton, Greater Manchester BL6 6LX3
£175K06/210.59 mi42, Springburn Close, Horwich, Bolton, Greater Manchester BL6 6SR3
£101K10/210.6 mi9, Carwood Grove, Horwich, Bolton, Greater Manchester BL6 6EY3
£145K12/220.6 mi6, Carwood Grove, Horwich, Bolton, Greater Manchester BL6 6EY3
£165K10/230.61 mi620, Chorley New Road, Horwich, Bolton, Greater Manchester BL6 6EX3
£157.5K11/200.61 mi608, Chorley New Road, Horwich, Bolton, Greater Manchester BL6 6EX3
£140K12/200.62 mi81, Ainsworth Avenue, Horwich, Bolton, Greater Manchester BL6 6NN3
£280K03/230.62 mi63, Ainsworth Avenue, Horwich, Bolton, Greater Manchester BL6 6NN3
£290K08/230.62 mi7, Greenwood Avenue, Horwich, Bolton, Greater Manchester BL6 6FA3
£134K01/210.68 mi16, Travers Street, Horwich, Bolton, Greater Manchester BL6 6EQ3
£150K03/210.69 mi15, Lancaster Avenue, Horwich, Bolton, Greater Manchester BL6 6ND3
£128K11/200.69 mi38, Brunswick Avenue, Horwich, Bolton, Greater Manchester BL6 6NQ3

Local Rents

13 rents from £850/mo to £1.6K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£99512/240.2 miHarrier Close, Lostock, Bolton, BL63
£93512/240.22 mi-3
£95012/240.22 miFoxhunter Close, Lostock, BL63
£95001/250.4 mi-3
£99502/240.45 mi-3
£1,15012/240.45 miSefton Lane, Horwich, Bolton3
£1,19503/250.53 mi-3
£85012/240.57 miBrazley Avenue, Horwich3
£87512/240.66 mi-3
£1,00012/240.75 miNapier Drive, Horwich3
£1,60012/240.9 mi-3
£1,05012/241.01 miWhinslee Drive, Lostock, Bolton3
£90003/251.11 mi-3

Local Area Statistics

Population in BL6

29,345

Population in Bolton

217,471

Town centre distance

1.90 miles away

Nearest school

0.30 miles away

Nearest train station

0.84 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-28%

Sales demand

Balanced market

Capital growth (5yrs)

+42%

Property History

Price changed to £150,000

February 4, 2025

Price changed to £175,000

January 15, 2025

Listed for £190,000

January 7, 2025

Floor Plans

Description

3-Bedroom End Terrace in Lostock - Offering Excellent Potential

This 3-bedroom end terrace property is situated in the popular location of Lostock, offering excellent potential for those seeking a home to put their own stamp on.

Key Features:

Ideal Location: Perfectly positioned for easy access to major motorway networks, providing convenient commuting options.

Train Links: Close proximity to train stations ensures effortless travel to surrounding towns and cities.
Spacious Accommodation: The property boasts a generous lounge, separate dining room, and kitchen, offering ample space for comfortable living.
Three Bedrooms: The first floor comprises three bedrooms, providing comfortable accommodation for families.
Family Bathroom: A family bathroom completes the first-floor accommodation.
Driveway and Garage: A driveway provides off-street parking, leading to a convenient garage.
Spacious Garden: Enjoy the outdoors in the spacious rear garden, offering a blank canvas for landscaping.
No Chain: This property is being sold with no onward chain, making it an ideal option for those looking for a quick and smooth move.
Modernisation Opportunity:

This property presents an exciting opportunity for buyers to modernize and create their dream home. With a little TLC, this property has the potential to become a truly stunning family residence.

Location:

Lostock is a highly sought-after location, close to local amenities, including:

Schools: local schools are within easy reach.
Shops and Amenities: Enjoy the convenience of local shops, supermarkets, and restaurants.
Green Spaces: Relax and unwind in nearby parks and green spaces.

Agent Details

Entwistle Green, Bolton

01204 326012

Next Steps?

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