2 Bed Terraced House, Refurb/BRRR, Westhoughton, BL5 3ST, £95,000

32 Wesley Street, Westhoughton, Bolton, BL5 3ST - 6 views - 3 months ago

Sold STC
Leasehold
Cash
Refurb/BRRR
ROI: 3%
~68 m²

ValuationFair Value

Sold Prices£55K - £290K
Sold Prices/m²£821/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.4K/m²

Value Estimate

£95,000

 

 

End Value (After Refurb)

£141,914

Uplift in Value

+49%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£4,050

Refurb Costs

£28,709

Bridging Loan Interest

£2,494

Total Cash In

£60,753

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£141,914

Mortgage (After Refinance)

£106,435

Mortgage LTV

75%

Cash Released

£35,185

Cash Left In

£25,568

Equity

£35,478

Rent Range

£485 - £925

Rent Estimate

£741

Running Costs/mo

£612

Cashflow/mo

£129

Cashflow/yr

£1,552

ROI

3%

Gross Yield

9%

Local Sold Prices

50 sold prices from £55K to £290K, average is £128.5K. £821/m² to £3.9K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£55K05/210.02 mi20, Wesley Street, Westhoughton, Bolton, Greater Manchester BL5 3ST2
£177K03/210.06 mi11, Moss Meadow, Westhoughton, Bolton, Greater Manchester BL5 3NX2
£110K10/210.06 mi2a, Peel Street, Westhoughton, Bolton, Greater Manchester BL5 3SP2
£141K10/210.08 mi135, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3SW2
£160K03/230.09 mi212, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3SX2
£125K02/210.1 mi188, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3SX2
£105K12/200.1 mi192, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3SX2
£142.5K05/210.13 mi28, Collingwood Way, Westhoughton, Bolton, Greater Manchester BL5 3TS2
£165K11/220.17 mi5, Henry Street, Westhoughton, Bolton, Greater Manchester BL5 3SQ2
£139K07/210.17 mi1, Part Street, Westhoughton, Bolton, Greater Manchester BL5 3QN2
£160K02/210.17 mi7, Cherwell Road, Westhoughton, Bolton, Greater Manchester BL5 3EY2
£110K03/210.19 mi6, Winward Street, Westhoughton, Bolton, Greater Manchester BL5 3SG2
£194K02/230.2 mi1, Balfern Fold, Westhoughton, Bolton, Greater Manchester BL5 3SJ2
£120K03/210.21 mi73, Central Drive, Westhoughton, Bolton, Greater Manchester BL5 3DU2
£120K04/210.22 mi29, Grundy Street, Westhoughton, Bolton, Greater Manchester BL5 3SB2
£119K01/210.22 mi10, Jutland Grove, Westhoughton, Bolton, Greater Manchester BL5 3TA2
£129K07/230.22 mi5, Jutland Grove, Westhoughton, Bolton, Greater Manchester BL5 3TA2
£148K01/210.23 mi70, Collingwood Way, Westhoughton, Bolton, Greater Manchester BL5 3TT2
£128K11/200.24 mi332, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3QQ2
£87.5K02/210.24 mi302, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3QQ2
£127K12/200.24 mi6, Gladstone Street, Westhoughton, Bolton, Greater Manchester BL5 3SH2
£126K11/200.26 mi16, Greensmith Way, Westhoughton, Bolton, Greater Manchester BL5 3BR2
£107K12/220.26 mi47, Greensmith Way, Westhoughton, Bolton, Greater Manchester BL5 3BR2
£89.5K12/210.26 mi2, Gerrard Street, Westhoughton, Bolton, Greater Manchester BL5 3TH2
£114.3K02/210.26 mi6, Gerrard Street, Westhoughton, Bolton, Greater Manchester BL5 3TH2
£175K12/220.27 mi61, Greensmith Way, Westhoughton, Bolton, Greater Manchester BL5 3BR2
£290K12/200.28 mi38, Cherwell Road, Westhoughton, Bolton, Greater Manchester BL5 3TX2
£127K02/210.28 mi3, Barn Hill Terrace, Westhoughton, Bolton, Greater Manchester BL5 3TE2
£125K06/210.31 mi14, Cemetery Street, Westhoughton, Bolton, Greater Manchester BL5 3TL2
£125K04/210.33 mi121, Manchester Road, Westhoughton, Bolton, Greater Manchester BL5 3LJ2
£180K06/230.35 mi23, Wharfedale, Westhoughton, Bolton, Greater Manchester BL5 3DP2
£169.5K12/220.36 mi36, King Street, Westhoughton, Bolton, Greater Manchester BL5 3AX2
£132.5K06/230.36 mi4, King Street, Westhoughton, Bolton, Greater Manchester BL5 3AX2
£110K04/210.36 mi23, King Street, Westhoughton, Bolton, Greater Manchester BL5 3AX2
£157.5K02/230.37 mi3, Croft Street, Westhoughton, Bolton, Greater Manchester BL5 3QB2
£133K01/210.38 mi39, Glazebury Drive, Westhoughton, Bolton, Greater Manchester BL5 3JB2
£98K04/210.38 mi9, Albion Street, Westhoughton, Bolton, Greater Manchester BL5 3PZ2
£100K12/200.38 mi3, Albion Street, Westhoughton, Bolton, Greater Manchester BL5 3PZ2
£145K01/230.41 mi17, Dixon Street, Westhoughton, Bolton, Greater Manchester BL5 3PX2
£130K02/210.41 mi27, School Street, Westhoughton, Bolton, Greater Manchester BL5 2BG2
£150K11/220.42 mi12, Aireworth Street, Westhoughton, Bolton, Greater Manchester BL5 3PY2
£145K05/230.42 mi26, Chorley Road, Westhoughton, Bolton, Greater Manchester BL5 3PR2
£130K03/210.43 mi72, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3DN2
£120K11/200.43 mi64, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3DN2
£112K01/210.43 mi128, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3DX2
£157K11/200.46 mi171, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3EB2
£157K11/200.48 mi171, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3EB2
£70K03/210.48 mi22, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3DG2
£87.5K08/210.49 mi10, Esther Fold, Westhoughton, Bolton, Greater Manchester BL5 3RR2
£150K03/210.49 mi79, Wigan Road, Westhoughton, Bolton, Greater Manchester BL5 3RD2

Local Rents

16 rents from £485/mo to £925/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£67512/240.1 miThe Loft, Church Street, Westhoughton, Bolton, BL5 3SX2
£48512/240.12 miFor people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL52
£51112/240.12 miFor people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL52
£90012/240.18 mi-2
£87502/250.23 mi-2
£79512/240.23 mi73 Church Street, Westhoughton, Bolton, BL5 3RZ2
£65012/240.23 miChurch Street, Westhoughton2
£85012/240.23 mi-2
£79512/240.24 miGladstone Street, Westhoughton, Bolton2
£85001/250.35 mi-2
£70012/240.4 miChorley Road, Westhoughton, BL52
£72512/240.41 miSt Johns Court, Chorley Road, Westhoughton, Bolton, BL52
£70012/240.46 mi-2
£92502/250.47 mi-2
£70012/240.47 miPavilion Gardens, Westhoughton2
£72512/240.57 mi1 Alden Court, Albany Fold, Westhoughton, Bolton2

Local Area Statistics

Population in BL5

27,064

Town centre distance

0.14 miles away

Nearest school

0.20 miles away

Nearest train station

0.10 miles away

 

 

Rental demand

Landlord's market

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Listed for £95,000

January 17, 2025

Description

  • TWO BEDROOM MID TERRACED PROPERTY +
  • REQUIRING A TOTAL REFURB +
  • EXTENDED TO REAR +
  • CASH BUYERS ONLY +
  • NO ONWARD CHAIN +

COPELANDS are delighted to offer to the market this two bedroom extended mid terrace property in need of a total refurbishment ideal for an investor 'CASH BUYERS ONLY'. It comprises spacious living room, dining room and kitchen, two bedrooms, bathroom, garden fronted and a rear yard. Within easy reach of Westhoughton Town Centre which offers an abundance of amenities such as shops, bars, cafes, supermarkets and plenty of convenience stores. Walking distance to Westhoughton train station and all network links. OFFERED WITH NO ONWARD CHAIN.....EARLY VIEWING ADVISED

Lounge -

Dining Room -

Kitchen -

Bedroom One -

Bedroom Two -

Bathroom -

Agent Details

Copelands, Westhoughton

01942 368333

Next Steps?

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