3 Bed Terraced House, Refurb/BRRR, Kearsley, BL4 7AH, £99,950

Queen Street, Farnworth, Bolton, BL4 7AH - 18 views - 4 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 5%
~93 m²
+5 photos

ValuationFair Value

Sold Prices£68K - £271K
Sold Prices/m²£538/m² - £3.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£101,949

 

 

End Value (After Refurb)

£154,085

Uplift in Value

+54%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£24,988

Stamp Duty & Legal Fees

£4,199

Refurb Costs

£39,200

Bridging Loan Interest

£2,624

Total Cash In

£72,760

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£154,085

Mortgage (After Refinance)

£115,564

Mortgage LTV

75%

Cash Released

£40,601

Cash Left In

£32,158

Equity

£38,521

Rent Range

£850 - £1,300

Rent Estimate

£998

Running Costs/mo

£701

Cashflow/mo

£297

Cashflow/yr

£3,563

ROI

5%

Gross Yield

12%

Local Sold Prices

50 sold prices from £68K to £271K, average is £143.8K. £538/m² to £3.8K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£81K03/210.01 mi21, Queen Street, Farnworth, Bolton, Greater Manchester BL4 7AH3
£135K02/230.1 mi28, Regent Walk, Farnworth, Bolton, Greater Manchester BL4 7AR3
£80K06/210.1 mi19, Park Street, Farnworth, Bolton, Greater Manchester BL4 7RE3
£114K02/210.13 mi80, King Street, Farnworth, Bolton, Greater Manchester BL4 7AP3
£117K01/210.13 mi80, Trafford Street, Farnworth, Bolton, Greater Manchester BL4 7PQ3
£139.9K04/230.13 mi65, Trafford Street, Farnworth, Bolton, Greater Manchester BL4 7PQ3
£215K07/220.13 mi99, Trafford Street, Farnworth, Bolton, Greater Manchester BL4 7PQ3
£139.9K12/200.14 mi71, Rawson Street, Farnworth, Bolton, Greater Manchester BL4 7RJ3
£87K03/210.16 mi1, Charles Street, Farnworth, Bolton, Greater Manchester BL4 7RH3
£75K07/230.16 mi8, Wellington Street, Farnworth, Bolton, Greater Manchester BL4 7DT3
£140K07/210.17 mi14, Bridgeman Street, Farnworth, Bolton, Greater Manchester BL4 7PR3
£132K07/230.17 mi15, Bridgeman Street, Farnworth, Bolton, Greater Manchester BL4 7PR3
£90K03/230.21 mi1, Trafford Grove, Farnworth, Bolton, Greater Manchester BL4 7RP3
£271K03/230.21 mi54, Paisley Park, Farnworth, Bolton, Greater Manchester BL4 7ET3
£210K04/230.21 mi40, Paisley Park, Farnworth, Bolton, Greater Manchester BL4 7ET3
£200K03/210.21 mi56, Paisley Park, Farnworth, Bolton, Greater Manchester BL4 7ET3
£235K12/220.22 mi32, Paisley Park, Farnworth, Bolton, Greater Manchester BL4 7ET3
£70K01/210.24 mi63, Gladstone Road, Farnworth, Bolton, Greater Manchester BL4 7EL3
£103K06/210.25 mi105, Bridge Street, Farnworth, Bolton, Greater Manchester BL4 7RS3
£140K09/210.25 mi91, Bridge Street, Farnworth, Bolton, Greater Manchester BL4 7RS3
£195K11/220.25 mi105, Bridge Street, Farnworth, Bolton, Greater Manchester BL4 7RS3
£180K07/230.26 mi11, Albert Grove, Farnworth, Bolton, Greater Manchester BL4 9ED3
£135K11/220.26 mi2, Harrowby Street, Farnworth, Bolton, Greater Manchester BL4 7BU3
£68K12/200.27 mi36, Albert Road, Farnworth, Bolton, Greater Manchester BL4 7DR3
£144K04/230.27 mi82, Darley Street, Farnworth, Bolton, Greater Manchester BL4 7QY3
£164K01/210.28 mi34, Lime Street, Farnworth, Bolton, Greater Manchester BL4 8AF3
£145K02/210.28 mi137, Lower Rawson Street, Farnworth, Bolton, Greater Manchester BL4 7RT3
£97K12/200.28 mi55, St Germain Street, Farnworth, Bolton, Greater Manchester BL4 7BG3
£135K07/230.28 mi59, St Germain Street, Farnworth, Bolton, Greater Manchester BL4 7BG3
£127K05/210.29 mi2, Matlock Close, Farnworth, Bolton, Greater Manchester BL4 7QU3
£150K08/210.29 mi6, Norfolk Drive, Farnworth, Bolton, Greater Manchester BL4 7JS3
£176K08/210.3 mi1, Darley Avenue, Farnworth, Bolton, Greater Manchester BL4 7RU3
£132.3K10/210.3 mi4, Darley Avenue, Farnworth, Bolton, Greater Manchester BL4 7RU3
£132K01/210.31 mi29, Church Street, Farnworth, Bolton, Greater Manchester BL4 8AQ3
£141K02/210.34 mi5, Darley Grove, Farnworth, Bolton, Greater Manchester BL4 7RZ3
£157K02/210.34 mi15, Darley Grove, Farnworth, Bolton, Greater Manchester BL4 7RZ3
£250K03/220.36 mi13, Glynwood Park, Farnworth, Bolton, Greater Manchester BL4 7SX3
£230K02/220.36 mi14, Glynwood Park, Farnworth, Bolton, Greater Manchester BL4 7SX3
£158K04/210.37 mi3, Dorset Close, Farnworth, Bolton, Greater Manchester BL4 9TR3
£170K07/210.38 mi72, Church Road, Kearsley, Bolton, Greater Manchester BL4 8AP3
£190K06/230.39 mi76, Philips Avenue, Farnworth, Bolton, Greater Manchester BL4 9BJ3
£175K02/230.39 mi26, Balmoral Road, Farnworth, Bolton, Greater Manchester BL4 9HR3
£178K10/220.4 mi10, Harrowby Lane, Farnworth, Bolton, Greater Manchester BL4 7BJ3
£208K08/210.4 mi150, Lord Street, Kearsley, Bolton, Greater Manchester BL4 8AR3
£143.5K08/230.42 mi1, Leinster Street, Farnworth, Bolton, Greater Manchester BL4 9HS3
£182K12/220.43 mi6, Albert Street, Farnworth, Bolton, Greater Manchester BL4 9HN3
£180K01/230.45 mi10, Kildare Street, Farnworth, Bolton, Greater Manchester BL4 9NP3
£85K05/210.45 mi4, Alexandra Street, Farnworth, Bolton, Greater Manchester BL4 9JT3
£215K03/220.45 mi6, James Street, Kearsley, Bolton, Greater Manchester BL4 8BY3
£153K12/200.46 mi32, Dixon Green Drive, Farnworth, Bolton, Greater Manchester BL4 7EE3

Local Rents

23 rents from £850/mo to £1.3K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£95003/250.09 mi-3
£85005/240.11 miDove Walk, Farnworth, Bolton3
£89503/240.19 miPresto Street, Farnworth3
£1,00001/250.2 mi-3
£90012/240.26 mi-3
£89503/240.27 miAlbert Road, Farnworth, Bolton3
£89503/240.28 miSt. Germain Street, Farnworth, Bolton3
£1,30003/240.31 mi-3
£1,15012/240.36 mi-3
£89503/240.39 miPHILIPS AVENUE, Bolton, BL43
£95004/250.39 mi-3
£1,10012/240.41 mi-3
£87505/240.42 mi-3
£87503/240.42 miLeinster Street, Farnworth, Bolton, BL43
£87504/240.42 miLeinster Street, Farnworth, Bolton, BL43
£95001/240.43 mi-3
£99504/250.43 mi-3
£88012/230.51 mi-3
£1,00002/240.53 mi-3
£92505/240.54 miLord Street, Kearsley, Bolton ** AVAILABLE NOW **3
£1,20005/240.55 mi-3
£1,20011/230.56 mi-3
£1,30001/250.56 mi-3

Local Area Statistics

Population in BL4

33,664

Town centre distance

1.31 miles away

Nearest school

0.30 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Seller's market

Capital growth (5yrs)

+61%

Property History

Listed for £99,950

January 10, 2025

Floor Plans

Description

  • 2 RECEPTION ROOMS +
  • 3 BEDROOMS +
  • CLOSE TO LOCAL AMENITIES +
  • IN NEED OF REFURBISHMENT BUT OFFERING EXCELLENT POTENTIAL +
  • TERRACED +

*THREE BEDROOM TERRACED, IN NEED OF REFURBISHMENT, EXCELLENT POTENTIAL**

Looking for a project or investment? take a look at this 3 bedroom end terraced property situated on Queen St, Farnworth.

In need of full refurbishment this property this property offers good living space and is conveniently located for all amenities.

Located close to the town centre and within walking distance to Farnworth train station this property offers fantastic potential.

comprising: hallway, lounge, dining room and Kitchen to the ground floor and three bedrooms a bathroom to the 1st floor.

Externally there is a yard to the rear.

Contact our sales team to arrange your viewing.

Council Tax Band: A (Bolton Council)
Tenure: Leasehold (788 years)
Ground Rent: £5 per year

Agent Details

Eric Clarke, Bolton

01204 326954

Next Steps?

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