2 Bed Bungalow, Refurb/BRRR, Westhoughton, BL5 3TP, £195,000

24 Beatty Drive, Bolton, BL5 3TP - 2 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 1%
50 m²
+11 photos

ValuationOvervalued

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

 

 

Square Metres

50 m²
Price/m²£3.9K/m²

Value Estimate

£87,182

 

 

End Value (After Refurb)

£167,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£7,050

Refurb Costs

£21,075

Bridging Loan Interest

£5,119

Total Cash In

£83,744

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£167,750

Mortgage (After Refinance)

£125,813

Mortgage LTV

75%

Cash Left In

£83,744

Equity

£41,938

Rent Range

£485 - £925

Rent Estimate

£751

Running Costs/mo

£694

Cashflow/mo

£57

Cashflow/yr

£679

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £55K to £290K, average is £128.5K. £821/m² to £3.9K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£148K01/210.09 mi70, Collingwood Way, Westhoughton, Bolton, Greater Manchester BL5 3TT2
£142.5K05/210.11 mi28, Collingwood Way, Westhoughton, Bolton, Greater Manchester BL5 3TS2
£110K10/210.13 mi2a, Peel Street, Westhoughton, Bolton, Greater Manchester BL5 3SP2
£177K03/210.17 mi11, Moss Meadow, Westhoughton, Bolton, Greater Manchester BL5 3NX2
£55K05/210.17 mi20, Wesley Street, Westhoughton, Bolton, Greater Manchester BL5 3ST2
£141K10/210.18 mi135, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3SW2
£165K11/220.18 mi5, Henry Street, Westhoughton, Bolton, Greater Manchester BL5 3SQ2
£120K04/210.19 mi29, Grundy Street, Westhoughton, Bolton, Greater Manchester BL5 3SB2
£89.5K12/210.19 mi2, Gerrard Street, Westhoughton, Bolton, Greater Manchester BL5 3TH2
£114.3K02/210.19 mi6, Gerrard Street, Westhoughton, Bolton, Greater Manchester BL5 3TH2
£194K02/230.19 mi1, Balfern Fold, Westhoughton, Bolton, Greater Manchester BL5 3SJ2
£110K03/210.2 mi6, Winward Street, Westhoughton, Bolton, Greater Manchester BL5 3SG2
£105K12/200.21 mi192, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3SX2
£160K03/230.21 mi212, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3SX2
£125K02/210.21 mi188, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3SX2
£107K10/200.24 mi7, Gladstone Street, Westhoughton, Bolton, Greater Manchester BL5 3SH2
£125K06/210.24 mi14, Cemetery Street, Westhoughton, Bolton, Greater Manchester BL5 3TL2
£127K12/200.24 mi6, Gladstone Street, Westhoughton, Bolton, Greater Manchester BL5 3SH2
£160K02/210.26 mi7, Cherwell Road, Westhoughton, Bolton, Greater Manchester BL5 3EY2
£120K03/210.27 mi73, Central Drive, Westhoughton, Bolton, Greater Manchester BL5 3DU2
£127K02/210.28 mi3, Barn Hill Terrace, Westhoughton, Bolton, Greater Manchester BL5 3TE2
£119K01/210.28 mi10, Jutland Grove, Westhoughton, Bolton, Greater Manchester BL5 3TA2
£129K07/230.28 mi5, Jutland Grove, Westhoughton, Bolton, Greater Manchester BL5 3TA2
£139K07/210.31 mi1, Part Street, Westhoughton, Bolton, Greater Manchester BL5 3QN2
£130K02/210.31 mi27, School Street, Westhoughton, Bolton, Greater Manchester BL5 2BG2
£175K12/220.35 mi61, Greensmith Way, Westhoughton, Bolton, Greater Manchester BL5 3BR2
£126K11/200.35 mi16, Greensmith Way, Westhoughton, Bolton, Greater Manchester BL5 3BR2
£107K12/220.35 mi47, Greensmith Way, Westhoughton, Bolton, Greater Manchester BL5 3BR2
£128K11/200.36 mi332, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3QQ2
£87.5K02/210.36 mi302, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3QQ2
£132.5K06/230.36 mi4, King Street, Westhoughton, Bolton, Greater Manchester BL5 3AX2
£169.5K12/220.37 mi36, King Street, Westhoughton, Bolton, Greater Manchester BL5 3AX2
£110K04/210.37 mi23, King Street, Westhoughton, Bolton, Greater Manchester BL5 3AX2
£87.5K08/210.39 mi10, Esther Fold, Westhoughton, Bolton, Greater Manchester BL5 3RR2
£150K03/210.41 mi79, Wigan Road, Westhoughton, Bolton, Greater Manchester BL5 3RD2
£290K12/200.42 mi38, Cherwell Road, Westhoughton, Bolton, Greater Manchester BL5 3TX2
£180K03/230.43 mi12, Templeton Close, Westhoughton, Bolton, Greater Manchester BL5 3RP2
£125K04/210.49 mi121, Manchester Road, Westhoughton, Bolton, Greater Manchester BL5 3LJ2
£180K06/230.5 mi23, Wharfedale, Westhoughton, Bolton, Greater Manchester BL5 3DP2
£157.5K02/230.5 mi3, Croft Street, Westhoughton, Bolton, Greater Manchester BL5 3QB2
£120K11/200.51 mi64, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3DN2
£134K10/200.51 mi68, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3DN2
£130K03/210.51 mi72, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3DN2
£70K03/210.51 mi22, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3DG2
£145K05/230.52 mi26, Chorley Road, Westhoughton, Bolton, Greater Manchester BL5 3PR2
£98K04/210.52 mi9, Albion Street, Westhoughton, Bolton, Greater Manchester BL5 3PZ2
£100K12/200.52 mi3, Albion Street, Westhoughton, Bolton, Greater Manchester BL5 3PZ2
£140K02/230.52 mi140, Wigan Road, Westhoughton, Bolton, Greater Manchester BL5 3RQ2
£145K01/230.53 mi17, Dixon Street, Westhoughton, Bolton, Greater Manchester BL5 3PX2
£133K01/210.54 mi39, Glazebury Drive, Westhoughton, Bolton, Greater Manchester BL5 3JB2

Local Rents

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

RentDateDistanceAddressBeds 
£90012/240.19 mi-2
£67512/240.21 miThe Loft, Church Street, Westhoughton, Bolton, BL5 3SX2
£79512/240.22 mi73 Church Street, Westhoughton, Bolton, BL5 3RZ2
£65012/240.22 miChurch Street, Westhoughton2
£79512/240.24 miGladstone Street, Westhoughton, Bolton2
£87502/250.28 mi-2
£48512/240.28 miFor people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL52
£51112/240.28 miFor people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL52
£85012/240.35 mi-2
£92502/250.42 mi-2
£70012/240.42 miPavilion Gardens, Westhoughton2
£85001/250.46 mi-2
£70012/240.51 miChorley Road, Westhoughton, BL52
£72512/240.51 miSt Johns Court, Chorley Road, Westhoughton, Bolton, BL52
£70012/240.52 mi-2
£90012/240.54 miGrove Cottages, Westoughton, Bolton2
£72512/240.57 mi1 Alden Court, Albany Fold, Westhoughton, Bolton2

Local Area Statistics

Population in BL5

27,064

Town centre distance

0.24 miles away

Nearest school

0.30 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Landlord's market

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Listed for £195,000

January 31, 2025

Floor Plans

Description

  • TWO BEDROOM SEMI DETACHED BUNGALOW +
  • LONG PAVED DRIVEWAY +
  • IN NEED OF SOME UPDATING +
  • PRIVATE ASPECT TO REAR +
  • NO ONWARD CHAIN +
  • PRICED TO SELL +

If you are looking for a property in a quiet location then look no further!!!!!!Copelands are delighted to offer to the market, this two bedroom semi detached true bungalow. Situated in a well sort after area and being well located just minutes from the M62 motorway network with strong links to Manchester, Preston, Blackburn and beyond. Westhoughton Train Station and Town Centre is also within walking distance, which offers an abundance of amenities such as shops, bars, cafes, supermarkets and plenty of convenience stores. Briefly comprises of:-entrance hall, spacious lounge, modern fitted kitchen, large conservatory, shower room and two bedrooms. There is a large garden to the front laid mainly to lawn and a long paved drive allowing ample off road parking. To the rear is beautiful private garden. OFFERED WITH NO ONWARD CHAIN......EARLY VIEWING IS A MUST

Entrance Hall - Access is via an UPVC double glazed door. Radiator. Doors to bedrooms, bathroom and lounge, open to kitchen. Loft access.

Lounge - 5m x 4.04m (16'4" x 13'3" ) - UPVC double glazed bay window to front aspect, wall mounted gas fire, radiator.

Kitchen - 2.57m x 2.46m (8'5" x 8'0") - Fitted with a range of wall and base units with built in electric oven, gas hob and extractor fan. Space for tall fridge freezer, under cupboard lighting, plumbed for auto washer.sliding patio doors to conservatory.

Conservatory - UPVC double glazed door leading out to the patio and garden.

Bedroom One - 3.38m x 3.2m (11'1" x 10'5") - UPVC double glazed window to rear aspect, radiator and fitted wardrobes.

Bedroom Two - 2.57m x 2.24m (8'5" x 7'4" ) - UPVC double glazed window to front aspect, radiator and storage cupboard.

Bathroom - Enclosed shower cubicle, sink and toilet. UPVC double glazed window to side aspect, radiator.

Exterior Front - Large garden mainly laid to lawn with established shrubs to borders. Long paved drive allowing ample off road parking. Timber gate giving access to rear garden.

Exterior Rear - Garden laid mainly to lawn with well established shrubs and trees to borders and all paved patio.

Agent Details

Copelands, Westhoughton

01942 368333

Next Steps?

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