2 Bed Terraced House, Single Let, Bolton, BL2 2LQ, £110,000

Moorfield Grove, Bolton, Lancashire, BL2 2LQ - 1 views - 3 months ago

Under Offer
BTL
ROI: 12%
~68 m²
+4 photos

ValuationOvervalued

Sold Prices£45K - £210K
Sold Prices/m²£776/m² - £2.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£91,565

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£725 - £995

Rent Estimate

£850

Running Costs/mo

£534

Cashflow/mo

£316

Cashflow/yr

£3,795

ROI

12%

Gross Yield

9%

Local Sold Prices

50 sold prices from £45K to £210K, average is £106.3K. £776/m² to £2.2K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£90K08/210.02 mi14, Moorfield Grove, Bolton, Greater Manchester BL2 2LQ2
£73K03/210.02 mi14, Eccleston Avenue, Bolton, Greater Manchester BL2 2LD2
£87K12/200.06 mi197, Tonge Moor Road, Bolton, Greater Manchester BL2 2HR2
£107.5K07/210.06 mi5, Pegamoid Street, Bolton, Greater Manchester BL2 2LB2
£77K05/230.07 mi95, Moorfield Grove, Bolton, Greater Manchester BL2 2LG2
£85.8K04/210.07 mi53, Moorfield Grove, Bolton, Greater Manchester BL2 2LG2
£120K12/220.09 mi239, Tonge Moor Road, Bolton, Greater Manchester BL2 2HR2
£140K05/230.17 mi281, Ainsworth Lane, Bolton, Greater Manchester BL2 2QN2
£108K04/210.17 mi281, Ainsworth Lane, Bolton, Greater Manchester BL2 2QN2
£77.5K12/200.17 mi51, Brief Street, Bolton, Greater Manchester BL2 2LY2
£76K03/210.17 mi53, Brief Street, Bolton, Greater Manchester BL2 2LY2
£142.5K07/230.18 mi39, Tonge Park Avenue, Bolton, Greater Manchester BL2 2QR2
£105K01/210.19 mi115, Eldon Street, Bolton, Greater Manchester BL2 2JF2
£63K12/200.22 mi33, George Barton Street, Bolton, Greater Manchester BL2 2EQ2
£129.9K06/210.23 mi24, Tintern Avenue, Bolton, Greater Manchester BL2 2NR2
£70K11/200.23 mi17, Pole Street, Bolton, Greater Manchester BL2 2DY2
£85.5K08/210.23 mi3, Huntroyde Avenue, Bolton, Greater Manchester BL2 2ET2
£45K12/200.24 mi10, Angle Street, Bolton, Greater Manchester BL2 2EH2
£102.5K11/210.24 mi202, Ainsworth Lane, Bolton, Greater Manchester BL2 2QJ2
£160K12/220.26 mi52, Le Gendre Street, Bolton, Greater Manchester BL2 2NT2
£93K04/230.28 mi25, Tonge Moor Road, Bolton, Greater Manchester BL2 2DH2
£124.5K09/210.29 mi27, Bristol Avenue, Bolton, Greater Manchester BL2 2QP2
£95K11/200.29 mi13, Bristol Avenue, Bolton, Greater Manchester BL2 2QP2
£130K06/210.29 mi50, Alexander Road, Bolton, Greater Manchester BL2 2QZ2
£80K05/210.32 mi14, River View Court, Bolton, Greater Manchester BL2 2GY2
£117.5K12/200.34 mi26, Dudley Avenue, Bolton, Greater Manchester BL2 2RQ2
£117.5K12/200.34 mi28, Dudley Avenue, Bolton, Greater Manchester BL2 2RQ2
£105K08/210.37 mi433, Tonge Moor Road, Bolton, Greater Manchester BL2 2JS2
£94K11/200.37 mi429, Tonge Moor Road, Bolton, Greater Manchester BL2 2JS2
£90K08/210.37 mi5, Glaisdale Close, Bolton, Greater Manchester BL2 2HW2
£125K07/230.46 mi489, Tonge Moor Road, Bolton, Greater Manchester BL2 3BG2
£170.5K12/200.47 mi4, Firwood Stables, Bolton, Greater Manchester BL2 3AQ2
£160K02/230.48 mi18, Shawcroft View, Bolton, Greater Manchester BL1 8UU2
£95.6K08/210.49 mi24, Hall Ith'wood Lane, Bolton, Greater Manchester BL2 3BB2
£152.5K02/210.49 mi10, Firwood Fold, Bolton, Greater Manchester BL2 3AG2
£89K01/230.5 mi66, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£112.5K03/210.51 mi74, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£135K11/200.53 mi7, Cleveleys Avenue, Bolton, Greater Manchester BL2 2TB2
£70K11/200.56 mi64, Ainsworth Lane, Bolton, Greater Manchester BL2 2PN2
£120.8K06/230.59 mi597, Tonge Moor Road, Bolton, Greater Manchester BL2 3BN2
£120K04/230.59 mi561, Tonge Moor Road, Bolton, Greater Manchester BL2 3BN2
£65K04/210.6 mi9, Brookfield Street, Bolton, Greater Manchester BL2 6AE2
£65K04/210.6 mi9, Brookfield Street, Bolton, Greater Manchester BL2 6AE2
£210K09/210.6 mi4, Ilkley Close, Bolton, Greater Manchester BL2 2PS2
£140K05/230.61 mi11, Ainsworth Court, Bolton, Greater Manchester BL2 2RN2
£110K08/210.64 mi14, East Way, Bolton, Greater Manchester BL1 8SR2
£115K08/210.65 mi35, Dean Court, Bolton, Greater Manchester BL1 2SA2
£120K01/230.65 mi621, Tonge Moor Road, Bolton, Greater Manchester BL2 3BN2
£88K02/210.68 mi26, Dunstan Street, Bolton, Greater Manchester BL2 6AU2
£120K12/200.7 mi632, Tonge Moor Road, Bolton, Greater Manchester BL2 3BL2

Local Rents

48 rents from £725/mo to £995/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£77504/240.01 miTonge, Bolton, BL2 2LQ2
£79503/240.06 miTonge Moor Road, Bolton, BL22
£75004/240.07 mi-2
£75004/240.07 mi-2
£75003/240.07 miWemsley Grove, Bolton, BL22
£75003/240.07 miWemsley Grove, Bolton, BL22
£75003/240.07 miMoorfield Grove, Bolton2
£90004/250.09 mi-2
£79504/240.18 miTonge Park Avenue, Bolton2
£75005/240.19 mi102 Eldon Street,Bolton,BL22
£95004/240.2 miTintern Avenue, Bolton, Greater Manchester, BL2 2NR2
£75012/230.21 mi-2
£75003/240.22 miGeorge Barton Street, Bolton2
£87511/240.23 mi-2
£85003/250.25 mi-2
£79503/240.29 miAinsworth Lane, Bolton2
£79504/240.29 miAinsworth Lane, Bolton2
£85004/240.31 mi-2
£85005/240.31 mi-2
£90012/230.32 mi-2
£82503/240.39 miTonge Moor Road, Bolton2
£75005/240.44 mi-2
£75005/240.44 miTongemoor Road, Bolton, BL22
£99504/240.45 miKentfield Drive, Bolton, BL1 8FU2
£77501/250.45 mi-2
£85003/240.48 miHighcroft, Bolton, BL12
£95005/240.49 mi-2
£80011/230.5 mi-2
£72504/240.5 miJethro Street, Bolton2
£75005/240.52 miJethro Street, Bolton2
£75012/230.53 mi-2
£87504/250.58 mi-2
£82502/240.58 mi-2
£85011/240.59 mi-2
£85003/240.59 miAinsworth Lane, Bolton, Greater Manchester, BL2 2PN2
£95011/240.6 mi-2
£85004/240.6 miAstley Brook Close, Bolton, BL12
£99504/250.6 mi-2
£79503/240.6 miTonge Moor Road, Bolton2
£79505/240.6 miTonge Moor Road, Bolton2
£80003/240.61 miAstley Brook Close, Bolton, Greater Manchester, BL12
£75004/240.61 miAstley Brook Close Bolton Lancashire2
£85004/240.61 mi-2
£85003/240.61 miAstley Brook Close, Bolton, BL12
£80001/250.61 mi-2
£75003/240.61 miRowton Street, Bolton, BL22
£95012/240.62 mi-2
£90001/250.62 mi-2

Local Area Statistics

Population in BL2

45,845

Population in Bolton

217,471

Town centre distance

2.68 miles away

Nearest school

0.10 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+43%

Property History

Listed for £110,000

February 10, 2025

Description

  • TWO BEDROOM +
  • WELL PRESENTED THROUGHOUT +
  • RENTAL POTENTIAL OF £850 PCM +
  • CLOSE TO BOLTON TOWN CENTRE +
  • VACANT +
  • GAS CENTRAL & DOUBLE GLAZED +

Welcome to Moorfield Grove!

As you step inside this well presented home, you’re greeted by an entrance vestibule leading into a spacious lounge.

The well-appointed kitchen comes with fitted appliances and ample storage.

Upstairs, the property offers two generously sized bedrooms, a separate W.C., and a shower complete with a three-piece suite.

This home is conveniently located close to local amenities, schools, and excellent transport links. Additional benefits include a gas central heating system and double-glazed windows throughout.

To the front, there is on-street parking, while the rear features a large, private enclosed yard.

If you are looking for an investment property we currently have a number of tenants registered and recently rented a property on Moorfield Grove for at £850 PCM

Contact our agents today to arrange a viewing!

Agent Details

Newton & Co Ltd, Bolton

01204 952881

Next Steps?

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