5 Bed Detached House, Refurb/BRRR, Atherton, M46 9HH, £750,000

16 Woodlands Drive, Atherton, Lancashire M46 9HH - 3 months ago

Leasehold
Refurb/BRRR
~178 m²
+64 photos

ValuationOvervalued

Sold Prices£120K - £611K
Sold Prices/m²£1.4K/m² - £4.1K/m²

 

 

Square Metres

~178.28 m²
Price/m²£4.2K/m²

Value Estimate

£415,546

 

 

End Value (After Refurb)

£417,498

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£187,500

Stamp Duty & Legal Fees

£66,200

Refurb Costs

£75,147

Bridging Loan Interest

£19,688

Total Cash In

£350,285

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£417,498

Mortgage (After Refinance)

£313,123

Mortgage LTV

75%

Cash Left In

£350,285

Equity

£104,374

Rent Range

£690 - £2,500

Rent Estimate

£1,217

Running Costs/mo

£1,568

Cashflow/mo

£-351

Cashflow/yr

£-4,213

Gross Yield

2%

Local Sold Prices

50 sold prices from £120K to £611K, average is £366K. £1.4K/m² to £4.1K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£425K03/210.03 mi3, Hilltop, Atherton, Manchester, Greater Manchester M46 9QN5
£475K01/230.03 mi1, Hilltop, Atherton, Manchester, Greater Manchester M46 9QN5
£338K05/210.14 mi2, Rutland Avenue, Atherton, Manchester, Greater Manchester M46 9JR5
£330K06/210.14 mi34, Greenfield Road, Atherton, Manchester, Greater Manchester M46 9LW5
£574K11/210.52 mi137, Newbrook Road, Bolton, Greater Manchester BL5 1EY5
£406K01/230.66 mi102, Newbrook Road, Bolton, Greater Manchester BL5 1ET5
£169K01/210.75 mi35, Hertford Drive, Tyldesley, Manchester, Greater Manchester M29 8LU5
£285K03/210.81 mi8, Chow Bent Close, Atherton, Manchester, Greater Manchester M46 9EN5
£395K06/210.86 mi1a, Braddyll Road, Bolton, Greater Manchester BL5 1DY5
£425K06/211.4 mi15, Combermere Close, Tyldesley, Manchester, Greater Manchester M29 8TB5
£321K06/231.56 mi45, Moorlands View, Bolton, Greater Manchester BL3 3TN5
£432.5K05/211.6 mi16, Gadbury Court, Atherton, Manchester, Greater Manchester M46 0SQ5
£373K12/201.82 mi34, Captain Lees Gardens, Westhoughton, Bolton, Greater Manchester BL5 3YF5
£550K06/231.83 mi2, Bank Side, Westhoughton, Bolton, Greater Manchester BL5 2QA5
£611K06/231.88 mi1, Wade Bank, Westhoughton, Bolton, Greater Manchester BL5 2QW5
£325K05/211.91 mi41, Mort Lane, Tyldesley, Manchester, Greater Manchester M29 8PE5
£335K03/211.93 mi2, Wainscot Close, Astley, Manchester, Greater Manchester M29 7WT5
£210K06/211.93 mi48, Haynes Street, Bolton, Greater Manchester BL3 3LW5
£273K11/202.04 mi43, The Wicheries, Worsley, Manchester, Greater Manchester M28 0YN5
£390K01/212.2 mi6, Ditton Brook, Westhoughton, Bolton, Greater Manchester BL5 3GU5
£340K11/202.21 mi3, Birchfield Grove, Bolton, Greater Manchester BL3 4UR5
£463.5K04/212.24 mi14, Fellfoot Meadow, Westhoughton, Bolton, Greater Manchester BL5 3ZJ5
£495K08/222.27 mi8, Norwick Close, Bolton, Greater Manchester BL3 4UL5
£227K12/202.27 mi8, Coppice Close, Lostock, Bolton, Greater Manchester BL6 4GE5
£430K07/222.27 mi13, Norwick Close, Bolton, Greater Manchester BL3 4UL5
£203K04/212.3 mi605, Leigh Road, Leigh, Greater Manchester WN7 1UA5
£600K12/232.32 miMoorfield Cottage, St Johns Road, Lostock, Bolton, Greater Manchester BL6 4HD5
£380K11/212.32 mi13, Crossford Drive, Bolton, Greater Manchester BL3 4UA5
£325K04/212.32 mi15, Crossford Drive, Bolton, Greater Manchester BL3 4UA5
£359K04/212.33 mi5, Firethorn Close, Westhoughton, Bolton, Greater Manchester BL5 3UR5
£335K10/202.39 mi170, Armadale Road, Bolton, Greater Manchester BL3 4TP5
£400K10/212.39 mi35, Dunham Close, Westhoughton, Bolton, Greater Manchester BL5 2RP5
£415K02/212.4 mi1, Whitsundale, Westhoughton, Bolton, Greater Manchester BL5 3LQ5
£405.1K11/202.46 mi4, Tempest Chase, Lostock, Bolton, Greater Manchester BL6 4HF5
£347.5K11/202.47 mi106, Green Meadows, Westhoughton, Bolton, Greater Manchester BL5 2BW5
£525K01/212.5 mi157, Tempest Road, Lostock, Bolton, Greater Manchester BL6 4EP5
£300K02/212.56 mi13, Bristle Hall Way, Westhoughton, Bolton, Greater Manchester BL5 3QA5
£210K05/212.57 mi20, Rosedale Drive, Leigh, Greater Manchester WN7 2TN5
£292K01/212.57 mi89, Collingwood Way, Westhoughton, Bolton, Greater Manchester BL5 3TT5
£240K09/232.6 mi15, Queens Close, Boothstown, Manchester, Greater Manchester M28 1BQ5
£350K02/232.62 mi6, Bewley Grove, Leigh, Greater Manchester WN7 1JS5
£460K05/212.62 miLeyland Farm, City Road, Worsley, Manchester, Greater Manchester M28 1BD5
£350K09/212.64 mi7, Kenmay Avenue, Bolton, Greater Manchester BL3 4NU5
£330K06/212.65 mi12, Caithness Drive, Bolton, Greater Manchester BL3 4PG5
£485K03/232.69 mi6, Whitestone Close, Lostock, Bolton, Greater Manchester BL6 4RN5
£470K11/222.69 mi7, Anderby Walk, Westhoughton, Bolton, Greater Manchester BL5 3BW5
£373K11/202.69 mi5, Anderby Walk, Westhoughton, Bolton, Greater Manchester BL5 3BW5
£120K03/232.72 mi4, Heath Gardens, Hindley Green, Wigan, Greater Manchester WN2 4TF5
£380K11/212.73 mi12, Glendale Drive, Bolton, Greater Manchester BL3 4PD5
£310K06/212.74 mi4, Debdale Lane, Astley, Manchester, Greater Manchester M29 7FL5

Local Rents

16 rents from £690/mo to £2.5K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,45005/240.08 mi-3
£1,57512/240.08 mi-3
£1,57512/240.08 miNewbrook Road, Bolton, M463
£2,30005/240.25 miBreeze Hill Road, Atherton5
£1,09503/250.42 mi-3
£99505/240.48 mi-3
£99505/240.48 mi-3
£95004/250.51 mi-3
£2,50005/240.51 miShakerley Lane, Atherton, Manchester, Greater Manchester3
£69005/240.57 mi-3
£99503/250.57 mi-3
£90006/240.57 miSpa Road, Atherton, Manchester3
£90005/240.59 miWindermere Avenue, Atherton, Manchester, Greater Manchester, M463
£85005/240.6 miBarnes Passage, Atherton3
£85012/240.6 miBarnes Passage, Atherton3
£85005/240.6 miBarnes Passage, Atherton3

Local Area Statistics

Population in M46

22,298

Town centre distance

1.09 miles away

Nearest school

0.20 miles away

Nearest train station

0.36 miles away

 

 

Rental growth (12m)

+17%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £750,000

January 28, 2025

Floor Plans

Description

  • Incredible Edwardian Detached +
  • DETACHED BUNGALOW INCLUDED +
  • Immaculately Presented +
  • Very Sought After Location +
  • Fantastic Family Accommodation +
  • High End Renovation +
  • Four Fantastic Bedrooms +
  • Ample Parking +
  • Lovely Gardens +

ARC HOMES are delighted to offer FOR SALE this absolutely stunning Edwardian detached property with an additional detached dwelling, positioned on Woodlands Drive, one of Atherton's most sought after and rarely available positions. This incredible family home has recently been refurbished, with no expense spared to a beautifully high standard and is a credit to the current owners. The property is located in a quiet and exclusive area with superb woodland surroundings & views. With the added benefit of a detached bungalow in the rear gardens, this would be ideal for those looking for an amazing family home with an annex or those looking to work from home. With lovely gardens, ample parking and a flawless finish, early viewing is highly advised. Entry is via a spacious welcoming hallway which provides access into the well proportioned sitting room. An impressive family room sits to the rear and incorporates lounge, dining and kitchen areas with bi folding doors bringing the outside - inside. The kitchen area is finished to a high standard with central island and a range of appliances. The hallway and family room benefit from underfloor heating. A handy separate utility room and downstairs cloakroom completes the ground floor. The stunning first floor landing leads to three fantastic bedrooms and a gorgeous bathroom. The master bedroom is simply outstanding providing excellent space and boasting a vaulted ceiling, hidden dressing room and modern en suite. To the second floor is a further double bedroom finished with sky light windows and a shower room. Outside, the drive up to this property is beautiful given the picturesque Woodland spot. A driveway leads to the side towards the rear gardens providing ample off road parking. The enclosed rear gardens have been landscaped, are well presented and house the fantastic detached dwelling. This building has also been refurbished and boasts a well proportioned sitting room, modern kitchen, double bedroom and a modern shower.

Agent Details

Arc Homes, Atherton

01946 550990

Next Steps?

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