Potential 4-Bed HMO, Bolton, BL2 1JD, £160,000

Hilden Street, Bolton, BL2 1JD - 7 views - 2 months ago

Sold STC
Leasehold
HMO
ROI: 21%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£80K - £265K
Sold Prices/m²£901/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£170,470
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Total Cash In

£46,000

 

 

Cash Out

 

Room Rate

£555

Gross Rent

£2,220

Running Costs/mo

£1,398

Cashflow/mo

£822

Cashflow/yr

£9,859

ROI

21%

Gross Yield

17%

Local Sold Prices

50 sold prices from £80K to £265K, average is £145K. £901/m² to £3K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£118K03/210.01 mi76, Hilden Street, Bolton, Greater Manchester BL2 1JD3
£142K11/200.06 mi9, Hilden Street, Bolton, Greater Manchester BL2 1JA3
£148K11/200.18 mi4, Bramcote Avenue, Bolton, Greater Manchester BL2 1LF3
£265K02/210.22 mi121, Radcliffe Road, Bolton, Greater Manchester BL2 1NU3
£200K05/210.25 mi89, Bromwich Street, Bolton, Greater Manchester BL2 1LJ3
£230K01/210.25 mi145, Bromwich Street, Bolton, Greater Manchester BL2 1LJ3
£175K02/210.25 mi109, Bromwich Street, Bolton, Greater Manchester BL2 1LJ3
£162K02/210.26 mi1, Hope Avenue, Bolton, Greater Manchester BL2 1LT3
£175K06/210.29 mi8, Trillo Avenue, Bolton, Greater Manchester BL2 1LU3
£165K02/210.29 mi9, Trillo Avenue, Bolton, Greater Manchester BL2 1LU3
£86.5K11/200.29 mi67, Bradford Park Drive, Bolton, Greater Manchester BL2 1PA3
£175K05/230.29 mi10, Bradford Park Drive, Bolton, Greater Manchester BL2 1PA3
£168K12/200.29 mi52, Strawberry Hill Road, Bolton, Greater Manchester BL2 1LP3
£222K04/230.31 mi167, Radcliffe Road, Bolton, Greater Manchester BL2 1NZ3
£178K04/210.34 mi1, The Grove, Bolton, Greater Manchester BL2 1LZ3
£210K01/230.37 mi22, Whiston Drive, Bolton, Greater Manchester BL2 1PD3
£215K05/210.37 mi22, Whiston Drive, Bolton, Greater Manchester BL2 1PD3
£127K06/230.38 mi142, Bradford Street, Bolton, Greater Manchester BL2 1JS3
£160K11/210.43 mi124, Radcliffe Road, Bolton, Greater Manchester BL2 1PE3
£80K07/210.48 mi25, Luton Street, Bolton, Greater Manchester BL3 2QU3
£96.5K07/230.49 mi83, Tonge Fold Road, Bolton, Greater Manchester BL2 6AN3
£127K02/230.51 mi7, Chiltern Drive, Bolton, Greater Manchester BL2 6AP3
£137K02/210.51 mi42, Chiltern Drive, Bolton, Greater Manchester BL2 6AP3
£145K05/210.57 mi38, Hypatia Street, Bolton, Greater Manchester BL2 6AA3
£137.5K11/210.62 mi40, Skipton Street, Bolton, Greater Manchester BL2 2PR3
£105K04/210.62 mi67, Crescent Road, Bolton, Greater Manchester BL3 2JP3
£125K07/230.62 mi7, Crescent Road, Bolton, Greater Manchester BL3 2JP3
£80.5K05/230.64 mi5, Clegg Street, Bolton, Greater Manchester BL2 6BL3
£155.2K05/230.69 mi5, Dean Court, Bolton, Greater Manchester BL1 2SA3
£146K08/210.71 mi17, The Sheddings, Bolton, Greater Manchester BL3 2JN3
£105K11/200.72 mi3, Tinsley Grove, Bolton, Greater Manchester BL2 2EZ3
£160K11/220.74 mi67, Rossall Road, Bolton, Greater Manchester BL2 2QF3
£91K12/200.75 mi8, Richelieu Street, Bolton, Greater Manchester BL3 2AY3
£135K12/220.76 mi13, Cross Street, Bolton, Greater Manchester BL1 2SQ3
£103.5K10/210.76 mi15, Littlebrooke Close, Bolton, Greater Manchester BL2 2GX3
£90K11/200.77 mi41, Melville Street, Bolton, Greater Manchester BL3 2BA3
£125K07/230.77 mi2, Kerry Grove, Bolton, Greater Manchester BL2 2QH3
£135K03/210.77 mi7, Sidford Close, Bolton, Greater Manchester BL3 1RW3
£85K11/200.79 mi31, Melville Street, Bolton, Greater Manchester BL3 2BA3
£120K04/230.79 mi35, Melville Street, Bolton, Greater Manchester BL3 2BA3
£145K06/230.79 mi178, Ainsworth Lane, Bolton, Greater Manchester BL2 2PY3
£169.8K03/230.82 mi1, Downham Avenue, Bolton, Greater Manchester BL2 2TD3
£146K03/210.83 mi55, Bradford Road, Bolton, Greater Manchester BL3 2HE3
£128.5K03/230.83 mi5, Smedley Avenue, Bolton, Greater Manchester BL3 2DP3
£168K05/230.83 mi14, Smedley Avenue, Bolton, Greater Manchester BL3 2DP3
£232K11/210.87 mi59, Oakenbottom Road, Bolton, Greater Manchester BL2 6DQ3
£185K10/200.87 miNorwood, Oakenbottom Road, Bolton, Greater Manchester BL2 6DQ3
£235K01/230.87 mi56, Staton Avenue, Bolton, Greater Manchester BL2 2SW3
£95K05/230.88 mi2, Horsa Street, Bolton, Greater Manchester BL2 2DW3
£112K02/230.88 mi6, Sandhill Close, Bolton, Greater Manchester BL3 2UB3

Local Area Statistics

Population in BL2

45,845

Population in Bolton

217,471

Town centre distance

2.68 miles away

Nearest school

0.20 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+43%

Property History

Listed for £160,000

February 10, 2025

Floor Plans

Description

  • Three bedroom Mid Terrace Home +
  • Close To Fantastic Transport Links +
  • No Onwards Chain +
  • Solar panels +
  • Early viewing highly recommended +

IDEAL FOR FAMILIES OR INVESTORS ALIKE.

This three bedroom terraced house is offered to the market with no onward chain.

This conveniently located family home is only an 11-minute walk away from Bolton train station and on the doorstep of the A666 allowing for a 30 minute drive to Manchester City Centre. Located close by you will fine a wide range of shops, amenities and parks, plus OFSTED rated schools! This fantastic home comes with the added benefit of SOLAR PANELS allowing for significant savings on energy bills.

Briefly comprises of; a spacious living room to the front of the property, separate dining room featuring double doors over looking the rear garden. Following through from the dining room you will find a large storage cupboard beneath the stairs leading to the kitchen, utility room and downstairs WC at the rear of the property. On the first floor you will find 3 bedrooms, a large storage cupboard on the landing and a 3 piece family bathroom. Externally, there is a yard to the rear.

For the interest of any potential investor buyers, it is worthy to note that the property was previously rented as a HMO and maintains its regulatory compliance fit out, which would allow for the property to be reused for that purpose if desired.

Please email/call the office to arrange a viewing.

Agent Details

Dwell & Co, Bolton

01204 958028

Next Steps?

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