3 Bed Semi-Detached House, Refurb/BRRR, Westhoughton, BL5 3EL, £179,995

Bolton Road, Westhoughton, BL5 3EL - 5 views - 2 months ago

Refurb/BRRR
ROI: 3%
~93 m²

ValuationUndervalued

Sold Prices£124K - £320K
Sold Prices/m²£1.1K/m² - £3.5K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£185,000

 

 

End Value (After Refurb)

£180,000

Uplift in Value

+-3%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£44,999

Stamp Duty & Legal Fees

£6,750

Refurb Costs

£39,200

Bridging Loan Interest

£4,725

Total Cash In

£97,424

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£180,000

Mortgage (After Refinance)

£135,000

Mortgage LTV

75%

Cash Released

£4

Cash Left In

£97,420

Equity

£45,000

Rent Range

£485 - £2,000

Rent Estimate

£1,002

Running Costs/mo

£783

Cashflow/mo

£219

Cashflow/yr

£2,629

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £124K to £320K, average is £225.3K. £1.1K/m² to £3.5K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£235K12/220 mi313, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3EL3
£222K06/210 mi285, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3EL3
£167K11/200.07 mi14, Snydale Close, Westhoughton, Bolton, Greater Manchester BL5 3EP3
£190K04/210.12 mi417, Manchester Road, Westhoughton, Bolton, Greater Manchester BL5 3JS3
£157K03/210.17 mi23, Redstock Close, Westhoughton, Bolton, Greater Manchester BL5 3UX3
£220K02/210.18 mi12, Farleigh Close, Westhoughton, Bolton, Greater Manchester BL5 3ES3
£245K09/210.21 mi34, Yellow Lodge Drive, Westhoughton, Bolton, Greater Manchester BL5 3EX3
£260K12/220.21 mi64, Molyneux Road, Westhoughton, Bolton, Greater Manchester BL5 3EU3
£263K03/230.21 mi13, Yellow Lodge Drive, Westhoughton, Bolton, Greater Manchester BL5 3EX3
£252.5K09/210.21 mi37, Yellow Lodge Drive, Westhoughton, Bolton, Greater Manchester BL5 3EX3
£220K11/200.22 mi2, Allerton Close, Westhoughton, Bolton, Greater Manchester BL5 3UG3
£186K01/230.22 mi77, Molyneux Road, Westhoughton, Bolton, Greater Manchester BL5 3UJ3
£229.9K09/210.26 mi7, Netherwood Way, Westhoughton, Bolton, Greater Manchester BL5 3ZG3
£300K11/220.27 mi2, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£188K03/210.27 mi60, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£230K10/210.27 mi67, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£240K06/230.27 mi34, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£223K12/220.27 mi79, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£210K09/210.27 mi42, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£186K03/210.27 mi32, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£177K04/210.27 mi18, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£184K04/210.27 mi87, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£175K03/230.27 mi12, Withinlea Close, Westhoughton, Bolton, Greater Manchester BL5 3ZH3
£215K11/200.28 mi20, Upper Lees Drive, Westhoughton, Bolton, Greater Manchester BL5 3UE3
£253K11/210.3 mi81, Molyneux Road, Westhoughton, Bolton, Greater Manchester BL5 3JN3
£282K11/220.3 mi6, Upper Lees Drive, Westhoughton, Bolton, Greater Manchester BL5 3UE3
£252K02/210.31 mi1, Brandforth Gardens, Westhoughton, Bolton, Greater Manchester BL5 3ZP3
£241.5K03/210.32 mi56, Broom Way, Westhoughton, Bolton, Greater Manchester BL5 3TZ3
£155K12/200.32 mi48, Fellbridge Close, Westhoughton, Bolton, Greater Manchester BL5 3UD3
£208K01/210.33 mi22a, Chew Moor Lane, Lostock, Bolton, Greater Manchester BL6 4HH3
£265K02/230.35 mi15, Brandforth Gardens, Westhoughton, Bolton, Greater Manchester BL5 3ZP3
£185K06/210.36 mi10, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR3
£240K06/210.36 mi20, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR3
£227.5K05/230.36 mi1, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR3
£249K01/210.36 mi40, Cow Lees, Westhoughton, Bolton, Greater Manchester BL5 3EG3
£219K05/210.37 mi21, Barnfield Drive, Westhoughton, Bolton, Greater Manchester BL5 3UA3
£240K01/230.37 mi53, Madison Park, Westhoughton, Bolton, Greater Manchester BL5 3WA3
£202.5K04/210.38 mi13, Molyneux Road, Westhoughton, Bolton, Greater Manchester BL5 3HN3
£235K11/200.38 mi453, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3BJ3
£205K01/210.41 mi50, Ingleby Close, Westhoughton, Bolton, Greater Manchester BL5 3QZ3
£260K04/230.41 mi49, Ingleby Close, Westhoughton, Bolton, Greater Manchester BL5 3QZ3
£220K12/200.42 mi281, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3HU3
£173.5K12/200.42 mi301, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3HU3
£236.4K02/210.42 mi289, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3HU3
£235K09/210.43 mi2, Alexandria Drive, Westhoughton, Bolton, Greater Manchester BL5 3HF3
£235K01/230.43 mi6, Glazebury Drive, Westhoughton, Bolton, Greater Manchester BL5 3JZ3
£124K11/200.46 mi261, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3HJ3
£320K04/230.46 mi7, Waters Nook Road, Westhoughton, Bolton, Greater Manchester BL5 3HD3
£178K11/210.47 mi152, Manchester Road, Westhoughton, Bolton, Greater Manchester BL5 3LA3
£227.5K12/200.48 mi51, Glazebury Drive, Westhoughton, Bolton, Greater Manchester BL5 3JB3

Local Rents

50 rents from £485/mo to £2K/mo, average is £898/mo.

RentDateDistanceAddressBeds 
£85012/240.18 mi-2
£69512/240.25 mi-1
£75012/240.42 mi-1
£1,55012/240.49 miPerseverance Close, Westhoughton, BL5 3FZ4
£1,40012/240.49 mi-3
£1,18012/240.51 miSpinney Way, Westhoughton, Bolton, Greater Manchester, BL53
£60011/240.68 mi-1
£48512/240.68 miFor people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL52
£51112/240.68 miFor people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL52
£1,35001/250.69 mi-3
£87502/250.71 mi-2
£67512/240.72 miThe Loft, Church Street, Westhoughton, Bolton, BL5 3SX2
£1,15012/240.76 miChurch Street, Westhoughton, BL53
£72512/240.77 mi1 Alden Court, Albany Fold, Westhoughton, Bolton2
£79512/240.78 miGladstone Street, Westhoughton, Bolton2
£90002/250.79 mi-3
£90012/240.79 mi-2
£85012/240.8 mi-2
£1,15012/240.81 mi-3
£65012/240.81 miChurch Street, Westhoughton2
£79512/240.81 mi73 Church Street, Westhoughton, Bolton, BL5 3RZ2
£85001/250.82 mi-2
£1,15012/240.82 miChurch Street, Westhoughton, Bolton3
£1,50012/240.84 miOFFICE BUILDING TO LET - Leigh Road, Westhoughton, Bolton, Lancashire.1
£70012/240.86 miChorley Road, Westhoughton, BL52
£72512/240.88 miSt Johns Court, Chorley Road, Westhoughton, Bolton, BL52
£2,00012/240.9 miTempest Road, Bolton, BL63
£89502/240.9 mi-2
£99502/240.9 mi-2
£92502/250.91 mi-2
£70012/240.91 miPavilion Gardens, Westhoughton2
£75012/240.94 mi-2
£80012/240.94 mi-2
£70012/241.01 mi-2
£95012/241.01 mi-2
£90012/241.16 miGrove Cottages, Westoughton, Bolton2
£79512/241.24 miLeigh Road, Westhoughton2
£77512/241.24 miHeaton Road, Lostock, Bolton, BL62
£1,35012/241.32 miMarsham Road, Westhoughton, BL5 2GX4
£1,49512/241.35 mi4 Regents Place, Lostock, Bolton, BL6 4PU4
£95011/241.36 mi-2
£1,90003/251.38 mi-4
£1,15012/241.4 mi9 Milverton Close, Lostock, Bolton, BL6 4RR3
£93003/251.41 mi-3
£90012/241.41 miWigan Road, Westhoughton, BL52
£1,05001/251.42 mi-4
£1,77501/251.42 mi-4
£69512/241.43 mi-1
£72512/241.44 miBeaumont Chase, Bolton, Greater Manchester, BL3 4XH1
£1,40012/241.45 miWendover Drive, Ladybridge4

Local Area Statistics

Population in BL5

27,064

Town centre distance

0.71 miles away

Nearest school

0.40 miles away

Nearest train station

0.72 miles away

 

 

Rental demand

Landlord's market

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Price changed to £179,995

March 4, 2025

Listed for £185,000

January 30, 2025

Floor Plans

Description

  • Three Bedroom Semi Detached +
  • Larger Than Average Rear Garden +
  • Some Updating & Cosmetic Work Required +
  • OFFERED WITH NO ONWARD CHAIN +
  • FREEHOLD +
  • Potential To Extend +
  • Driveway With An Electric Charging Point +
  • Spacious Bedrooms +
  • Highly Desirable Location +
  • Viewing Highly Recommended +

 

* FOR SALE WITH NO ONWARD CHAIN - SOME UPDATING/COSMETIC WORK NEEDED * A three bedroom semi detached family home in need of some modernisation, located in Westhoughton with excellent transport links into Bolton / Manchester and close to good schools, local shops and amenities.  The property comprises entrance hallway, lounge, kitchen / diner, utility room/potential for downstairs WC and to the first floor are three good size bedrooms and family bathroom. Gardens to front and larger than average garden to the rear of the property. Driveway to the front for off road parking. ENQUIRE NOW TO AVOID DISAPPOINTMENT!

Accommodation

Front door leading to:

Entrance Hall

Radiator. Stairs rising to the first floor. Access from the entrance hall to the sitting room.

Sitting Room

14'9 x 13'5 (4.50m x 4.09m)

Double glazed window to front. Radiator. TV point. Laminate flooring. Door to:

Kitchen Dining Room

14'9 x 7'11 (4.50m x 2.41m)

Double glazed window to rear. Radiator. Fitted kitchen comprising of a one and a half bowl sink drainer, range of wall and floor mounted units, work surfaces with cupboards and drawers below. Integrated double electric cooker. Space and plumbing for an automatic washing machine. Space for an upright fridge freezer. Door to:

Inner Hall

Double glazed window to front. Under stairs storage cupboard. Door to the side.

First Floor

Landing with a double glazed window to side. Access from the landing to the loft space as well as to all three bedrooms and a bathroom.

Bedroom One

13'5 x 10'0 (4.09m x 3.05m)

Double glazed window to front. Radiator.

Bedroom Two

11'2 x 8'0 (3.40m x 2.44m)

Double glazed window to rear. Radiator.

Bedroom Three

8'9 (Max inc Bulkhead) x 7'8 (Max) (2.67m ( Max in

Double glazed window to front. Radiator. Built in storage cupboard over the bulkhead.

Bathroom

6'6 x 4'11 (1.98m x 1.50m)

Double glazed window to side. Stainless steel towel radiator. Modern white bathroom suite comprising a low level w.c and wash hand vanity unit plus a panelled bath with inset mixer shower over. Tiled walls and flooring.

Outside Front

Driveway & Pathway , electric charge station, dwarf wall boundary and wrought iron gate.

Outside Rear

The rear gardens have both patio and lawn sections. Fence surround. Wooden storage sheds (one with power).

Disclaimer

All Properties

All appliances, apparatus, equipment, fixtures and fittings listed in these details are only 'as seen' and have not been tested by Adore Properties, nor have we sought certification of warranty or service, unless otherwise stated. It is in the buyer's or renter's interests to check the working condition of all appliances. Any floor plans and/or measurements provided are given as a general guide to room layout and design only. They are supplied for guidance only - they are not exact and must not be relied upon for any purpose, and therefore must be considered incorrect. As a potential buyer or future tenant  you are advised to recheck the measurements before committing to any expense. All details are offered on the understanding that all negotiations are to be made through this company. Neither these particulars, nor verbal representations, form part of any offer or contract, and their accuracy cannot be guaranteed. Adore Properties has not sought to verify the legal title of the property and any buyer or future tenant must obtain verification from their solicitor or at least be satisfied prior to contract.

Agent Details

Adore Properties, Bolton

01204 929663

Next Steps?

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