3 Bed Terraced House, Refurb/BRRR, Bradford, BD2 3DE, £155,000

359 - 361 Idle Road, Bolton Junction, Bradford, BD2 2AH - 3 views - 2 months ago

Sold STC
Auction
BTL
Refurb/BRRR
Planning
ROI: 7%
~93 m²
+16 photos

ValuationUndervalued

Sold Prices£80K - £250K
Sold Prices/m²£735/m² - £2.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£159,650
BMV3%

 

 

End Value (After Refurb)

£150,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£5,850

Refurb Costs

£36,800

Bridging Loan Interest

£4,069

Total Cash In

£87,219

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£150,000

Mortgage (After Refinance)

£112,500

Mortgage LTV

75%

Cash Left In

£87,219

Equity

£37,500

Rent Range

£750 - £2,500

Rent Estimate

£1,222

Running Costs/mo

£733

Cashflow/mo

£489

Cashflow/yr

£5,866

ROI

7%

Gross Yield

9%

Local Sold Prices

50 sold prices from £80K to £250K, average is £145K. £735/m² to £2.8K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£85K03/210.05 mi230, Dudley Hill Road, Bradford, West Yorkshire BD2 3DF3
£110K12/200.07 mi13, Manor Terrace, Bradford, West Yorkshire BD2 3DA3
£160K06/230.08 mi3, Dudley Hill Road, Bradford, West Yorkshire BD2 3DE3
£140K04/210.09 mi81, Undercliffe Road, Bradford, West Yorkshire BD2 3BP3
£150K09/230.09 mi71, Undercliffe Road, Bradford, West Yorkshire BD2 3BP3
£135K03/210.12 mi6, West Street, Bradford, West Yorkshire BD2 3BS3
£112K02/230.13 mi22, Peterborough Terrace, Bradford, West Yorkshire BD2 3DL3
£115K12/200.13 mi25, Peterborough Terrace, Bradford, West Yorkshire BD2 3DL3
£140K05/230.13 mi2, Peterborough Terrace, Bradford, West Yorkshire BD2 3DL3
£120K03/210.13 mi5, Airedale Street, Bradford, West Yorkshire BD2 3BB3
£133.5K10/230.13 mi27, Peterborough Place, Bradford, West Yorkshire BD2 3DN3
£130K02/230.14 mi36, Wellington Road, Bradford, West Yorkshire BD2 3AH3
£117.5K11/200.14 mi60, Wellington Road, Bradford, West Yorkshire BD2 3AH3
£177K05/230.15 mi55, Leeds Road, Eccleshill, Bradford, West Yorkshire BD2 3BA3
£135K03/230.15 mi222, Idle Road, Bradford, West Yorkshire BD2 4JT3
£135K08/230.17 mi6a, Wellington Road, Bradford, West Yorkshire BD2 3AU3
£80K12/210.17 mi15, Fletton Terrace, Bradford, West Yorkshire BD2 3AN3
£136K02/210.17 mi23, Leafield Crescent, Bradford, West Yorkshire BD2 3SG3
£193K03/210.17 mi75, Leafield Crescent, Bradford, West Yorkshire BD2 3SG3
£99K07/210.17 mi9, Lodore Avenue, Bradford, West Yorkshire BD2 4JG3
£190K03/230.18 mi49, Buttermere Road, Bradford, West Yorkshire BD2 4JA3
£220K10/210.18 mi27, Buttermere Road, Bradford, West Yorkshire BD2 4JA3
£130K01/230.18 mi22, Bromet Place, Bradford, West Yorkshire BD2 3BH3
£155K07/230.18 mi42, Leafield Crescent, Bradford, West Yorkshire BD2 3SQ3
£105K11/200.19 mi9, Bromet Place, Bradford, West Yorkshire BD2 3BH3
£140K07/210.19 mi22, Pendragon Lane, Bradford, West Yorkshire BD2 4JL3
£160K01/230.19 mi24, Pendragon Lane, Bradford, West Yorkshire BD2 4JL3
£148K02/210.21 mi323, Idle Road, Bradford, West Yorkshire BD2 4JU3
£128K12/200.23 mi37, Lodore Road, Bradford, West Yorkshire BD2 4JH3
£190K02/210.24 mi5, Valley View Grove, Bradford, West Yorkshire BD2 4NR3
£184K03/230.24 mi24, Lodore Road, Bradford, West Yorkshire BD2 4HY3
£120K05/210.25 mi2, Charnwood Grove, Bradford, West Yorkshire BD2 3EB3
£185K01/230.25 mi116, Harrogate Road, Bradford, West Yorkshire BD2 3EU3
£158K02/230.25 mi60, Leafield Avenue, Bradford, West Yorkshire BD2 3SF3
£160K07/210.26 mi4, Leafield Way, Bradford, West Yorkshire BD2 3RY3
£176K06/230.26 mi26, Ennerdale Road, Bradford, West Yorkshire BD2 4JQ3
£163K04/230.28 mi30, Leafield Drive, Bradford, West Yorkshire BD2 3RX3
£159K06/210.28 mi6, Delverne Grove, Bradford, West Yorkshire BD2 3HH3
£95K12/200.28 mi20, Vernon Place, Bradford, West Yorkshire BD2 4QN3
£163K12/200.28 mi76, Grasmere Road, Bradford, West Yorkshire BD2 4HX3
£142K11/200.28 mi80, Grasmere Road, Bradford, West Yorkshire BD2 4HX3
£160K10/230.28 mi61, Grasmere Road, Bradford, West Yorkshire BD2 4HX3
£100K02/210.29 mi63, Idle Road, Bradford, West Yorkshire BD2 4NT3
£130K12/200.29 mi72, Moorside Road, Bradford, West Yorkshire BD2 3RA3
£178K04/230.31 mi5, Bolton Grove, Bradford, West Yorkshire BD2 2AF3
£242.5K04/230.31 mi4, Bolton Grove, Bradford, West Yorkshire BD2 2AF3
£250K08/230.31 mi3, Bolton Grove, Bradford, West Yorkshire BD2 2AF3
£175K09/210.31 mi50, Moorside Road, Bradford, West Yorkshire BD2 3RB3
£155K02/210.33 mi31, Grovelands, Bradford, West Yorkshire BD2 4HH3
£150K07/210.33 mi41, Grovelands, Bradford, West Yorkshire BD2 4HH3

Local Rents

29 rents from £750/mo to £2.5K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£75003/250.18 mi-3
£75003/240.18 mi-3
£89003/250.29 mi-3
£2,25004/240.29 mi-3
£90003/250.32 mi-3
£2,00012/240.34 mi-3
£2,50003/250.34 mi-3
£2,50003/250.34 mi-3
£90002/250.37 mi-3
£75001/250.38 mi-3
£1,00002/240.42 mi-3
£90004/240.42 mi-3
£1,10012/240.45 mi-3
£89504/250.45 mi-3
£1,30003/250.47 mi-3
£87512/230.52 mi-3
£92502/250.52 mi-3
£1,25004/250.54 mi-3
£1,20004/250.54 mi-3
£1,25002/250.54 mi-3
£1,30011/230.54 mi-3
£80003/240.56 miIntake Road, Bradford3
£95002/250.57 mi-3
£1,10003/250.57 mi-3
£90002/240.59 mi-3
£90002/240.59 mi-3
£90002/240.59 mi-3
£1,12503/240.6 miPommell Drive, Eccleshill, Bradford, BD23
£1,15003/240.6 miThe Gaits, Eccleshill, Bradford, BD23

Local Area Statistics

Population in BD2

29,665

Population in Bradford

357,773

Town centre distance

2.26 miles away

Nearest school

0.10 miles away

Nearest train station

1.44 miles away

 

 

Rental growth (12m)

+35%

Sales demand

Seller's market

Capital growth (5yrs)

+43%

Property History

Listed for £155,000

February 21, 2025

Description

  • SOLD BY MODERN METHOD OF AUCTION +
  • FEES APPLY +
  • NO ONWARD CHAIN +
  • SUPERB POTENTIAL +
  • 3 BEDROOM END OF TERRACE +
  • SUBSTANTIAL PLOT WITH PREVIOUS OUTLINE PLANNING +
  • TWO RECEPTION ROOMS & CONSERVATORY +
  • POTENTIAL TO EXTEND S.T.P.P +

FOR SALE BY MODERN METHOD OF AUCTION WITH ADVANCED PROPERTY AUCTION STARTING BIDS £155,000 FEES APPLY RENOVATION PROJECT SUPERB POTENTIAL POTENTIAL TO EXTEND S.T.P.P SUBSTANTIAL PLOT WITH OUTLINE PLANNING (NOW EXPIRED) Offered to the market with no onward chain is this deceptively spacious three bedroom end of terrace home sat on a generous plot.

Conveniently located with excellent transport links, close to well-regarded schools and an array of local amenities, this three bedroom property has superb potential for growing families and buy to let investors alike. With two reception rooms, a kitchen and conservatory extension to the ground floor all fitted with double glazing and gas central heating. The kitchen is currently fitted with wall and base units, space and plumbing for appliances, a sink and drainer and door to side elevation.

The first floor landing gives access to two substantial double bedrooms with gas central heating and double glazed windows, a good sized third single bedroom, a family bathroom and loft hatch with access to a boarded attic with good head height, ideal for storage and/or further conversion (subject to planning permissions).

Further potential is offered externally with the property being sat on a substantial plot with space to front, side & rear. A driveway provides off-street parking for multiple vehicles and sits adjacent to a large garden ensuring privacy from the roadside. The rear garden is substantial in size and offers great potential for further development whether that be extensions of the existing house or outbuildings/small dwelling subject to planning permissions, with outline planning having been passed previously.

Viewings by appointment only, and this house is not to be missed! Contact WW Estate Agents Bolton Junction to arrange internal inspection!

Agent Details

WW Estates, Eccleshill

01274 003720

Next Steps?

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