3 Bed Semi-Detached House, Refurb/BRRR, Accrington, BB5 4AQ, £130,000

Buckingham Grove, Church, Accrington, Lancashire, BB5 4AQ - 4 views - a month ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+15 photos

ValuationOvervalued

Sold Prices£30K - £229.9K
Sold Prices/m²£334/m² - £2.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.4K/m²

Value Estimate

£108,456

 

 

End Value (After Refurb)

£125,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Refurb Costs

£39,428

Bridging Loan Interest

£3,413

Total Cash In

£82,191

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£125,500

Mortgage (After Refinance)

£94,125

Mortgage LTV

75%

Cash Left In

£82,191

Equity

£31,375

Rent Range

£400 - £1,220

Rent Estimate

£777

Running Costs/mo

£568

Cashflow/mo

£209

Cashflow/yr

£2,513

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £30K to £229.9K, average is £127.8K. £334/m² to £2.4K/m², average is £1.3K/m².

PriceDateDistanceAddressBeds 
£115K02/210.07 mi50, Buckingham Grove, Church, Accrington, Lancashire BB5 4AQ3
£155K12/220.09 mi24, Howarth Avenue, Church, Accrington, Lancashire BB5 4AF3
£103K12/220.13 mi109, Hyndburn Road, Church, Accrington, Lancashire BB5 4AA3
£84K02/210.13 mi3, Hyndburn Road, Church, Accrington, Lancashire BB5 4AA3
£66K12/200.13 mi13, Meadoway, Church, Accrington, Lancashire BB5 4AT3
£85K03/230.16 mi269, Queens Road West, Church, Accrington, Lancashire BB5 4AX3
£98.5K04/230.17 mi2, Queensway, Church, Accrington, Lancashire BB5 4AU3
£187.2K05/230.23 mi144, Dill Hall Lane, Church, Accrington, Lancashire BB5 4DS3
£170K03/210.24 mi181, Dill Hall Lane, Church, Accrington, Lancashire BB5 4DR3
£100K06/230.25 mi32, Church Hall, Church, Accrington, Lancashire BB5 4EB3
£79K04/230.28 mi22, Emma Street, Accrington, Lancashire BB5 1SW3
£186K05/230.38 mi140, Queens Road West, Accrington, Lancashire BB5 4BA3
£127.5K01/230.45 mi3, Entwisle Road, Accrington, Lancashire BB5 5AE3
£229.9K08/210.46 mi110, Kingsway, Church, Accrington, Lancashire BB5 5EL3
£212K12/200.46 mi117, Kingsway, Church, Accrington, Lancashire BB5 5EL3
£224.3K05/230.46 mi120, Kingsway, Church, Accrington, Lancashire BB5 5EL3
£159K05/210.46 mi32, Poulton Avenue, Accrington, Lancashire BB5 5EP3
£30K02/210.47 mi13, York Street, Church, Accrington, Lancashire BB5 4JJ3
£75K05/210.47 mi64, York Street, Church, Accrington, Lancashire BB5 4JJ3
£169K11/200.47 mi42, Cranbourne Drive, Church, Accrington, Lancashire BB5 4DH3
£185K02/230.47 mi41, Cranbourne Drive, Church, Accrington, Lancashire BB5 4DH3
£100.3K01/210.48 mi59, Devonshire Street, Accrington, Lancashire BB5 1DW3
£120K02/230.53 mi4, Queensborough Road, Accrington, Lancashire BB5 5AP3
£180K02/210.55 mi29, First Avenue, Church, Accrington, Lancashire BB5 5EH3
£185K11/200.55 mi42, First Avenue, Church, Accrington, Lancashire BB5 5EH3
£154.3K02/210.55 mi21, First Avenue, Church, Accrington, Lancashire BB5 5EH3
£165K03/210.55 mi20, First Avenue, Church, Accrington, Lancashire BB5 5EH3
£185K12/220.57 mi3, Livingstone Road, Accrington, Lancashire BB5 5BX3
£110K03/230.59 mi12, Ribblesdale Avenue, Accrington, Lancashire BB5 5BW3
£84K07/230.59 mi3, Ribblesdale Avenue, Accrington, Lancashire BB5 5BW3
£120K05/230.59 mi18, Ribblesdale Avenue, Accrington, Lancashire BB5 5BW3
£92K05/210.6 mi21, Stevenson Street East, Accrington, Lancashire BB5 0SB3
£78K03/210.62 mi198, Haywood Road, Accrington, Lancashire BB5 5BP3
£130K12/210.62 mi198, Haywood Road, Accrington, Lancashire BB5 5BP3
£159.9K08/210.62 mi81, Whalley Road, Altham West, Accrington, Lancashire BB5 5DH3
£104K10/210.62 mi44, Aitken Street, Accrington, Lancashire BB5 6AX3
£55K11/210.62 mi71, Lonsdale Street, Accrington, Lancashire BB5 0HJ3
£95K10/210.62 mi65, Lonsdale Street, Accrington, Lancashire BB5 0HJ3
£110K03/230.63 mi26, Owen Street, Accrington, Lancashire BB5 6AU3
£131K06/210.64 mi85, Marlborough Road, Accrington, Lancashire BB5 6BL3
£76K03/230.65 mi23, Higher Antley Street, Accrington, Lancashire BB5 0SN3
£142K02/210.65 mi51, Abbeydale Way, Accrington, Lancashire BB5 0EN3
£158K03/210.65 mi24, Abbeydale Way, Accrington, Lancashire BB5 0EN3
£125K05/210.65 mi47, Abbeydale Way, Accrington, Lancashire BB5 0EN3
£168K05/210.67 mi1, Blossom Avenue, Oswaldtwistle, Accrington, Lancashire BB5 0FD3
£82K02/210.68 mi3, Marlborough Road, Accrington, Lancashire BB5 6AY3
£128K12/200.68 mi18, Wareham Close, Accrington, Lancashire BB5 5DZ3
£142.5K01/210.69 mi7, Wittlewood Drive, Accrington, Lancashire BB5 5DJ3
£212K11/220.7 mi20, Epping Avenue, Accrington, Lancashire BB5 5DR3
£159.5K02/210.7 mi2, Delamere Close, Accrington, Lancashire BB5 5DW3

Local Rents

33 rents from £400/mo to £1.2K/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£65012/240.29 mi-3
£72502/250.49 mi-3
£65012/240.61 miChester St, Accrington, BB53
£65012/240.61 mi-3
£69512/240.63 miWhalley Road, Altham West, BB5 3
£72502/240.64 mi-3
£75012/240.65 miExchange Street, BB53
£1,09502/250.7 mi-3
£70010/230.72 mi-3
£90012/240.72 mi-3
£75012/240.73 mi-3
£75001/240.74 mi-3
£75012/240.74 mi-3
£40012/240.78 mi-3
£97512/240.86 miRibblesdale Place, Accrington, BB53
£69501/250.91 mi-3
£69502/250.91 mi-3
£72512/240.92 miManor Street, Accrington, BB53
£65002/250.93 mi-3
£75012/240.95 mi-3
£70009/240.95 mi-3
£69512/240.97 miDunnyshop Avenue, Accrington, Lancashire, BB53
£59512/240.97 miSlaidburn Drive, Accrington, BB53
£67512/240.99 mi-3
£67512/240.99 miNorfolk Street, Accrington, BB53
£79512/241 mi-3
£79512/241 miMeadow Court, Oswaldtwistle, Accrington, BB53
£1,05012/241.16 miWillows Park, Accrington, BB53
£1,05012/241.16 miWillows Park, Accrington, BB53
£69512/241.2 miHornby Street, Oswaldtwistle, Accrington, Lancashire, BB53
£1,05012/241.21 miWillows Park, Accrington, BB53
£1,22012/241.21 miWillows Park, Accrington, BB53
£95012/241.22 miWhalley Road, Clayton Le Moors3

Local Area Statistics

Population in BB5

61,415

Town centre distance

1.06 miles away

Nearest school

0.20 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £130,000

February 11, 2025

Floor Plans

Description

  • SEMI-DETACHED FAMILY HOME +
  • THREE BEDROOMS & TWO RECEPTION ROOMS +
  • NO ONWARD CHAIN +
  • DRIVEWAY & DETACHED GARAGE +
  • REQUIRES INTERNAL MODERNISATION +
  • IDEAL FOR UPSIZING FAMILIES & FIRST TIME BUYERS +
  • WALKING DISTANCE TO ST. CHRISTOPHER'S +
  • SOUTH FACING REAR GARDEN +
  • COUNCIL TAX BAND A +
  • FREEHOLD +

An unmodernised three bedroom semi-detached family home welcomed to the market with no onward chain. Requiring internal modernisation the property will appeal to a variety of buyer. (EPC-TBC)

An attractive three bedroom semi-detached family home welcomed to the market with no onward chain. Positioned on a quiet residential street, boasting a rear garden, driveway and garage the property is ideal for upsizing families or first time buyers.

Situated a short distance from excellent network links, the property is also conveniently located within walking distance of well-regarded schools & local amenities.

The ground floor has a welcoming entrance hallway with under stair storage. The living room has a beautiful bay window, gas fire and neutral decor. The dining room is exceptionally spacious with tiled flooring, central light fitting and access onto the rear garden.

The kitchen has fitted units, tiled flooring and is neutrally decorated. There is a rear extension which has power, running water and further access to the driveway.

The first floor has a two double bedrooms with central light fittings and neutral decor. Bedroom three is slightly smaller with neutral wall colour and central light fitting. The first floor is complete with a three piece family bathroom with shower over the bath.

Externally the property has a mature front garden with lawn patch and a driveway suitable for multiple cars. There is a detached garage with power supply and up & over door. The garden is south facing paving stones and mature flowerbeds.

All interested parties should contact Mortimers Estate Agents in Accrington.

All mains services are available.

Agent Details

Mortimers, Accrington

01254 961485

Next Steps?

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