2 Bed Flat, Single Let, Westhoughton, BL5 3ZR, £130,000

24 Cravenwood Rise, Westhoughton, Bolton, BL5 3ZR - 3 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 1%
53 m²
+5 photos

ValuationOvervalued

Sold Prices£50K - £140K
Sold Prices/m²£962/m² - £2.7K/m²

 

 

Square Metres

53 m²
Price/m²£2.5K/m²

Value Estimate

£94,709

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£485 - £900

Rent Estimate

£563

Running Costs/mo

£539

Cashflow/mo

£24

Cashflow/yr

£290

ROI

1%

Gross Yield

5%

Local Sold Prices

40 sold prices from £50K to £140K, average is £115K. £962/m² to £2.7K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£112K06/210 mi38, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£101K03/210 mi43, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£97K04/210 mi12, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£126K08/220 mi16, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£96K12/200 mi34, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£96K12/200 mi34, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£124K06/230 mi45, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£97K04/210 mi12, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£120K05/220 mi37, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£130K02/230 mi3, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£124K09/220 mi12, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£125K11/220.04 mi19, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ2
£119K07/210.04 mi11, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ2
£122K12/220.04 mi14, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ2
£119.5K03/230.04 mi3, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ2
£105K04/210.05 mi24, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£101K03/210.05 mi43, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£128K02/230.11 mi31, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£128K07/220.11 mi45, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£120K01/230.11 mi32, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£130K12/220.11 mi46, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£112.5K08/210.11 mi33, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£122K09/220.11 mi22, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£50K03/210.11 mi32, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR2
£115K04/210.11 mi68, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR2
£130K06/230.11 mi66, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR2
£130.2K12/220.11 mi58, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR2
£117.5K02/210.13 mi8, Hatherlow Court, Westhoughton, Bolton, Greater Manchester BL5 3ZF2
£99K04/210.13 mi23, Hatherlow Court, Westhoughton, Bolton, Greater Manchester BL5 3ZF2
£98K12/200.13 mi20, Hatherlow Court, Westhoughton, Bolton, Greater Manchester BL5 3ZF2
£140K12/220.14 mi18, Netherwood Way, Westhoughton, Bolton, Greater Manchester BL5 3ZG2
£74K06/210.53 mi14, Alexandria Drive, Westhoughton, Bolton, Greater Manchester BL5 3HF2
£80K06/210.53 mi34, Alexandria Drive, Westhoughton, Bolton, Greater Manchester BL5 3HF2
£95.1K07/220.54 mi4 Anderby Place, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3BT2
£92K10/220.54 mi2 Anderby Place, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3BT2
£110K08/220.62 mi8, Thurlwood Croft, Westhoughton, Bolton, Greater Manchester BL5 3RF2
£83K06/210.62 mi7, Thurlwood Croft, Westhoughton, Bolton, Greater Manchester BL5 3RF2
£92.5K01/210.62 mi21, Thurlwood Croft, Westhoughton, Bolton, Greater Manchester BL5 3RF2
£115K10/210.63 miApartment 12, Durrington Place, Leigh Street, Westhoughton, Bolton, Greater Manchester BL5 3GZ2
£117K05/230.75 mi25, Pavilion Gardens, Westhoughton, Bolton, Greater Manchester BL5 3AS2

Local Rents

12 rents from £485/mo to £900/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£85012/240.11 mi-2
£48512/240.43 miFor people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL52
£51112/240.43 miFor people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL52
£67512/240.48 miThe Loft, Church Street, Westhoughton, Bolton, BL5 3SX2
£87502/250.5 mi-2
£85012/240.55 mi-2
£90012/240.57 mi-2
£85001/250.57 mi-2
£79512/240.57 miGladstone Street, Westhoughton, Bolton2
£79512/240.6 mi73 Church Street, Westhoughton, Bolton, BL5 3RZ2
£65012/240.6 miChurch Street, Westhoughton2
£70012/240.62 miChorley Road, Westhoughton, BL52

Local Area Statistics

Population in BL5

27,064

Town centre distance

0.47 miles away

Nearest school

0.40 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Listed for £130,000

February 4, 2025

Floor Plans

Description

  • 2 Double Bedroom Second Floor Apartment +
  • Spacious Lounge +
  • Fitted Kitchen +
  • En Suite to Master Bedroom +
  • Allocated Parking +
  • Service Charge £87.50 pm Ground Rent £160pa +
  • EPC Rating C +
  • Council Tax Band B +

Located on this sought after residential estate this well proportioned second floor apartment offers spacious accommodation which comprises: Communal hallway with stairs to the second floor, entrance hall, lounge, fitted kitchen with built in appliances, Master bedroom with fitted double wardrobe and en suite shower room, bedroom 2 with large built in double wardrobe and a family bathroom fitted with a three piece white suite. Outside there are communal gardens and an allocated parking space.
The property is ideally located for access to local amenities, shops and transport links for M61 and railway station at Lostock. Viewing is essential to appreciate all that is on offer.

Hallway - Built-in airing cupboard housing, factory lagged hot water cylinder, walk-in storage cupboard, electric radiator, entrance door, door to:

Lounge - 3.55m x 4.16m (11'8" x 13'8") - UPVC double glazed window to front, electric radiator.

Kitchen - 1.82m x 2.97m (6'0" x 9'9") - Fitted with a matching range of modern cream base and eye level units with cornice trims and contrasting round edged worktops, 1+1/2 bowl stainless steel sink unit with single drainer and mixer tap with tiled splashbacks, integrated fridge/freezer, plumbing for washing machine, built-in electric fan assisted oven, four ring halogen hob with extractor hood, ceramic tiled flooring.

Bedroom 1 - 3.36m x 3.09m (11'0" x 10'2") - UPVC double glazed window to rear, fitted bedroom suite with a range of wardrobes comprising fitted double wardrobe(s) with hanging rails, electric radiator, door to:

En-Suite Shower Room - Fitted with three piece modern white suite comprising tiled shower enclosure, inset wash hand basin in vanity unit with cupboards under and tiled splashback, low-level WC and heated towel rail, extractor fan, shaver point, ceramic tiled flooring.

Bedroom 2 - 3.51m x 2.97m (11'6" x 9'9") - UPVC double glazed window to rear, electric radiator.

Bathroom - Fitted with three piece modern white suite comprising deep panelled bath with shower over and mixer tap and inset wash hand basin in vanity unit with cupboards under, WC with hidden cistern, full height ceramic tiling to three walls, heated towel rail, extractor fan, shaver point, ceramic tiled flooring.

Outside - Communal gardens and parking space for one car

Agent Details

Redman Casey, Horwich

01204 326903

Next Steps?

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