3 Bed Terraced House, Refurb/BRRR, Leigh, WN7 1NY, £125,000

31238 Lord Street, Leigh, WN7 1AB - 3 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 7%
~93 m²
+1 photos

ValuationFair Value

Sold Prices£89K - £400K
Sold Prices/m²£1.1K/m² - £4.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£126,250

 

 

End Value (After Refurb)

£166,016

Uplift in Value

+33%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Refurb Costs

£39,200

Bridging Loan Interest

£3,281

Total Cash In

£80,431

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£166,016

Mortgage (After Refinance)

£124,512

Mortgage LTV

75%

Cash Released

£30,762

Cash Left In

£49,669

Equity

£41,504

Rent Range

£895 - £2,950

Rent Estimate

£1,266

Running Costs/mo

£792

Cashflow/mo

£474

Cashflow/yr

£5,688

ROI

7%

Gross Yield

12%

Local Sold Prices

49 sold prices from £89K to £400K, average is £165K. £1.1K/m² to £4.1K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£115K03/210.03 mi17, Orchard Close, Leigh, Greater Manchester WN7 1NY3
£137.5K05/230.03 mi11, Orchard Close, Leigh, Greater Manchester WN7 1NY3
£97K02/210.08 mi28, Orchard Lane, Leigh, Greater Manchester WN7 1NT3
£180K07/210.09 mi14, Radcliffe Grove, Leigh, Greater Manchester WN7 1PR3
£213K06/230.09 mi36, Chilton Close, Leigh, Greater Manchester WN7 1SW3
£195K10/230.1 mi233, Hope Street, Leigh, Greater Manchester WN7 1NS3
£122K11/200.1 mi214, Hope Street, Leigh, Greater Manchester WN7 1NS3
£145K01/210.12 mi18, Chinnor Close, Leigh, Greater Manchester WN7 1SR3
£190K07/230.12 mi9, Chinnor Close, Leigh, Greater Manchester WN7 1SR3
£140K04/210.15 mi202, Charles Street, Leigh, Greater Manchester WN7 1PT3
£265K09/230.15 mi187, Charles Street, Leigh, Greater Manchester WN7 1PT3
£215K04/230.16 mi1, Ripley Drive, Leigh, Greater Manchester WN7 1PU3
£139.9K03/210.17 mi2, Ormston Grove, Leigh, Greater Manchester WN7 1SQ3
£135K10/210.17 mi8, Selbourne Street, Leigh, Greater Manchester WN7 1TH3
£96K01/210.17 mi11, Selbourne Street, Leigh, Greater Manchester WN7 1TH3
£210K04/210.17 mi10, Barbury Close, Leigh, Greater Manchester WN7 1SP3
£149.9K02/210.18 mi30, Cavendish Street, Leigh, Greater Manchester WN7 1SG3
£165K11/230.18 mi12, Cavendish Street, Leigh, Greater Manchester WN7 1SG3
£149.9K11/210.19 mi20, Furnival Street, Leigh, Greater Manchester WN7 1TJ3
£125K12/200.19 mi20, Furnival Street, Leigh, Greater Manchester WN7 1TJ3
£200K10/210.2 mi680, Leigh Road, Leigh, Greater Manchester WN7 1UB3
£143K02/210.21 mi6a, Kirkhall Lane, Leigh, Greater Manchester WN7 1RY3
£400K02/230.22 mi3, Carrington Grove, Leigh, Greater Manchester WN7 1SE3
£200K08/230.24 mi4, Sandgate Close, Leigh, Greater Manchester WN7 1PZ3
£165K08/230.24 mi10, Sandgate Close, Leigh, Greater Manchester WN7 1PZ3
£132K12/230.24 mi163, Hope Street, Leigh, Greater Manchester WN7 1NP3
£177K10/230.24 mi10, Byron Street, Leigh, Greater Manchester WN7 1SD3
£225K03/230.26 mi113, The Avenue, Leigh, Greater Manchester WN7 1HR3
£181K12/200.26 mi168, The Avenue, Leigh, Greater Manchester WN7 1HR3
£195K01/210.26 mi172, The Avenue, Leigh, Greater Manchester WN7 1HR3
£152K02/240.26 mi116, Maple Crescent, Leigh, Greater Manchester WN7 5SX3
£125K07/240.26 mi115, Maple Crescent, Leigh, Greater Manchester WN7 5TA3
£110K02/210.26 mi159, Maple Crescent, Leigh, Greater Manchester WN7 5TA3
£165K09/230.27 mi7, Byron Grove, Leigh, Greater Manchester WN7 1SB3
£145K08/230.27 mi9, Byron Grove, Leigh, Greater Manchester WN7 1SB3
£190K07/240.27 mi12, Byron Grove, Leigh, Greater Manchester WN7 1SB3
£158K01/210.27 mi2, Romford Avenue, Leigh, Greater Manchester WN7 1QB3
£270K03/230.27 mi85, Hanover Street, Leigh, Greater Manchester WN7 1HP3
£190K02/210.3 mi140, The Avenue, Leigh, Greater Manchester WN7 1HE3
£118K08/210.31 mi13, Birch Road, Leigh, Greater Manchester WN7 5SU3
£89K12/210.32 mi93, Bright Street, Leigh, Greater Manchester WN7 5QN3
£132K06/230.32 mi22, Broom Avenue, Leigh, Greater Manchester WN7 5ST3
£202.5K12/200.34 mi38, Hendon Street, Leigh, Greater Manchester WN7 1TS3
£250K12/200.35 mi26, Red Waters, Leigh, Greater Manchester WN7 1JD3
£235K02/210.35 mi22, Redwaters, Leigh, Greater Manchester WN7 1JD3
£245K01/210.35 mi7, Redwaters, Leigh, Greater Manchester WN7 1JD3
£110K12/200.35 mi9a, Holt Street, Leigh, Greater Manchester WN7 5QW3
£152.5K05/230.35 mi7, Holt Street, Leigh, Greater Manchester WN7 5QW3
£240K02/230.36 mi38, Hendon Street, Leigh, Greater Manchester WN7 1TS3

Local Rents

19 rents from £895/mo to £3K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,20011/240.1 mi-3
£95004/250.11 mi-3
£95002/250.25 mi-3
£1,00011/240.28 mi-3
£95011/240.3 mi-3
£91503/240.37 mi-3
£99509/240.39 mi-3
£95011/240.4 mi-3
£1,00002/250.4 mi-3
£2,20011/240.41 mi-3
£2,20011/240.41 mi-3
£1,25011/240.46 mi-3
£90011/240.46 mi-3
£1,25011/240.46 mi-3
£99511/240.5 mi-3
£92510/240.55 mi-3
£95011/240.56 mi-3
£89511/240.56 miWindermere Road, Leigh, Greater Manchester, WN73
£2,95002/250.62 mi-3

Local Area Statistics

Population in WN7

47,819

Town centre distance

189.41 miles away

Nearest school

0.20 miles away

Nearest train station

2.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £125,000

January 31, 2025

Description

  • 3 BEDROOM MEWS +
  • IN NEED OF SOME UPDATING +
  • DETACHED GARAGE +
  • EARLY VIEWING ADVISED +

HUNTERS in LEIGH are delighted to offer FOR SALE this three bedroom mid terrace style property situated in a popular residential location. Accommodation comprises in brief, entrance hall, spacious dining room, fitted kitchen and a good size sitting room, three well proportioned bedrooms to the first floor and a further family bathroom. Outside to the rear is a laid to lawn enclosed garden and paved patio with gated access providing access off road parking and garage. To the front is a further laid to lawn garden area.

Entrance Hall -

Lounge -

Dining Room -

Kitchen -

Landing -

Bedroom 1 -

Bedroom 2 -

Bedroom 3 -

Bathroom -

Detached Garage -

Gardens Front And Rear -

Agent Details

Hunters, Leigh

01942 925792

Next Steps?

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

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