3 Bed Bungalow, Refurb/BRRR, Bolton, BL3 5QN, £200,000

Deane Avenue, Bolton, Lancashire, BL3 5QN - 1 views - 2 months ago

Sold STC
Leasehold
Refurb/BRRR
ROI: 5%
~93 m²
+24 photos

ValuationOvervalued

Sold Prices£56.8K - £295K
Sold Prices/m²£890/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£178,430

 

 

End Value (After Refurb)

£174,350

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Refurb Costs

£39,324

Bridging Loan Interest

£5,250

Total Cash In

£107,524

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£174,350

Mortgage (After Refinance)

£130,763

Mortgage LTV

75%

Cash Left In

£107,524

Equity

£43,588

Rent Range

£800 - £2,250

Rent Estimate

£1,216

Running Costs/mo

£808

Cashflow/mo

£408

Cashflow/yr

£4,895

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £56.8K to £295K, average is £152K. £890/m² to £3.3K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£180K05/230.15 mi11, Hawthorne Road, Bolton, Greater Manchester BL3 5RE3
£165K06/230.17 mi10, Greenhill Avenue, Bolton, Greater Manchester BL3 4HB3
£94K03/230.18 mi8, Lenora Street, Bolton, Greater Manchester BL3 4EZ3
£190K02/210.18 mi4, Sunadale Close, Bolton, Greater Manchester BL3 5RS3
£199.9K03/210.2 mi12, St Ethelberts Avenue, Bolton, Greater Manchester BL3 5RH3
£110K01/210.2 mi17, Clunton Avenue, Bolton, Greater Manchester BL3 4HD3
£104K11/210.21 mi6, St Ethelberts Avenue, Bolton, Greater Manchester BL3 5RH3
£250K08/210.21 mi45, Wigan Road, Bolton, Greater Manchester BL3 5QH3
£270K01/230.21 mi63, Wigan Road, Bolton, Greater Manchester BL3 5QH3
£110K10/210.21 mi31, Kylemore Avenue, Bolton, Greater Manchester BL3 5RD3
£119.8K11/210.22 mi289, Willows Lane, Bolton, Greater Manchester BL3 4HH3
£150K12/200.22 mi82, Melbourne Road, Bolton, Greater Manchester BL3 5RW3
£165K06/230.22 mi70, Melbourne Road, Bolton, Greater Manchester BL3 5RW3
£120K03/210.22 mi356, Deane Church Lane, Bolton, Greater Manchester BL3 4EU3
£100K05/210.22 mi300, Deane Church Lane, Bolton, Greater Manchester BL3 4EU3
£150K01/230.25 mi223, Willows Lane, Bolton, Greater Manchester BL3 4HE3
£168.7K11/220.26 mi12, Whiteland Avenue, Bolton, Greater Manchester BL3 5QB3
£131K10/210.27 mi6, Beresford Avenue, Bolton, Greater Manchester BL3 5QD3
£110K06/210.34 mi50, Hulton Lane, Bolton, Greater Manchester BL3 4JB3
£56.8K03/230.34 mi42, Hulton Lane, Bolton, Greater Manchester BL3 4JB3
£212K10/200.34 mi21, Westerdale Drive, Bolton, Greater Manchester BL3 4QQ3
£272.5K07/210.34 mi19, Westerdale Drive, Bolton, Greater Manchester BL3 4QQ3
£131.5K07/210.37 mi195, Willows Lane, Bolton, Greater Manchester BL3 4AZ3
£200K02/210.37 mi16, Cambourne Drive, Bolton, Greater Manchester BL3 4QF3
£125K04/230.39 mi41, Park View Road, Bolton, Greater Manchester BL3 4BE3
£130K06/210.4 mi185, Deane Church Lane, Bolton, Greater Manchester BL3 4EN3
£110K01/230.4 mi1, Chestnut Close, Bolton, Greater Manchester BL3 4DR3
£160K09/210.42 mi88, Hulton Lane, Bolton, Greater Manchester BL3 4JD3
£97K08/230.42 mi122, Hulton Lane, Bolton, Greater Manchester BL3 4JD3
£200K03/210.42 mi48, Armadale Road, Bolton, Greater Manchester BL3 4QB3
£268K05/210.42 mi38, Armadale Road, Bolton, Greater Manchester BL3 4QB3
£100K03/210.43 mi12, Platt Hill Avenue, Bolton, Greater Manchester BL3 4JR3
£143K04/230.44 mi34a, Cambria Street, Bolton, Greater Manchester BL3 4DE3
£65K10/210.45 mi63, Bankfield Street, Bolton, Greater Manchester BL3 5NA3
£105K05/210.47 mi37, Mercia Street, Bolton, Greater Manchester BL3 4BZ3
£135K03/210.47 mi51, Bankfield Street, Bolton, Greater Manchester BL3 5ND3
£295K12/200.47 mi29, Lakelands Drive, Bolton, Greater Manchester BL3 4NN3
£295K08/230.47 mi15, Lakelands Drive, Bolton, Greater Manchester BL3 4NN3
£137K10/210.48 mi129, Deane Church Lane, Bolton, Greater Manchester BL3 4EQ3
£141K06/210.51 mi308, Deane Road, Bolton, Greater Manchester BL3 5HH3
£154K12/200.53 mi73, Tudor Avenue, Bolton, Greater Manchester BL1 4LR3
£82K03/230.54 mi21, Minnie Street, Bolton, Greater Manchester BL3 4EF3
£245K12/200.54 mi7, Lennox Gardens, Bolton, Greater Manchester BL3 4NH3
£200K03/210.55 mi25, Fourth Avenue, Bolton, Greater Manchester BL1 4LU3
£250K05/210.55 mi44, Fourth Avenue, Bolton, Greater Manchester BL1 4LU3
£220K05/230.55 mi32, Fourth Avenue, Bolton, Greater Manchester BL1 4LU3
£155K02/210.55 mi9, Harbury Close, Bolton, Greater Manchester BL3 4JY3
£237.3K04/210.55 mi40, Fifth Avenue, Bolton, Greater Manchester BL1 4LY3
£250K12/220.56 mi11, Ferns Grove, Bolton, Greater Manchester BL1 4LT3
£246.5K11/210.57 mi47, Fifth Avenue, Bolton, Greater Manchester BL1 4LX3

Local Rents

15 rents from £800/mo to £2.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,35001/250.15 mi-3
£85012/240.37 mi-3
£95003/250.39 mi-3
£80003/250.43 mi-3
£90001/250.62 mi-3
£99512/240.68 mi-3
£99503/240.79 mi29 Harrow Street, Bolton, BL1 4NH3
£2,25003/240.87 mi-3
£1,15004/240.88 miDorrian Mews, Heaton3
£1,30012/241.02 miFenton Way, Bolton, BL33
£1,15012/241.07 mi9 Milverton Close, Lostock, Bolton, BL6 4RR3
£1,30003/241.16 mi-3
£1,30003/241.16 mi-3
£1,35012/241.2 mi-3
£1,00004/241.23 miMarsden House, Marsden Road, Bolton3

Local Area Statistics

Population in BL3

63,785

Population in Bolton

217,471

Town centre distance

1.56 miles away

Nearest school

0.10 miles away

Nearest train station

1.41 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+0%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £200,000

February 26, 2025

Floor Plans

Description

  • 3 Bedroom Semi-Detached Bungalow +
  • 3 Piece Modern Bathroom +
  • Large Spacious Lounge +
  • Conservatory +
  • Needs Complete Refurb and Modernising +
  • Mature Gardens to the Front and Rear +
  • Driveway +
  • Sold with No Onward Chain! +

Are you looking for a cosy bungalow with the potential to create your dream home? Look no further than this charming 3 bedroom semi-detached bungalow located in the sought-after Deane Avenue, Bolton.

The property features a spacious lounge, perfect for relaxing or entertaining guests. The large windows allow natural light to flood the room, creating a bright and inviting atmosphere. Adjacent to the lounge is a separate dining room and a conservatory, offering additional living space and beautiful views of the mature gardens.

The bungalow offers three well-proportioned bedrooms, providing plenty of space for a growing family or accommodating guests. The modern three-piece bathroom is fitted with sleek fixtures and offers a tranquil oasis to unwind after a long day.

While the property needs complete refurbishment and modernizing, it presents a fantastic opportunity for those looking to put their own stamp on a home and create something truly special.

What makes this property even more appealing is that it is being sold with no onward chain. This means a smooth and hassle-free buying process, allowing you to move in and start your bungalow living dream without delay.

Don't miss out on this wonderful opportunity to transform a charming bungalow into your perfect home. Don't miss out! Contact us today to arrange a viewing!

EPC: E COUNCIL TAX:B TENURE: Leasehold, 898 years remaining

PROPERTY FEATURES AND DETAILS: 3 Bedroom Semi-Detached Bungalow 3 Piece Modern Bathroom Large Spacious Lounge Conservatory Needs Complete Refurb and Modernising Mature Gardens to the Front and Rear Driveway Sold with No Onward Chain!

PROPERTY LOCATION: Haslam Park Primary School (0.3 MILES) Deane Golf Club (0.5 MILES) St Mary's C of E Primary School (0.5 MILES) Ladybridge High School (0.7 MILES)

HARRISONS EXPERIENCE THE DIFFERENCE BOOK A VIEWING ONLINE / TELEPHONE / WHATSAPP FLEXIBLE VIEWING APPOINTMENTS AVAILABLE OPEN 6 DAYS A WEEK CONTACT OUR BRANCH FOR MORE DETAILS

Front of the Property: Flagged Driveway for 1 Vehicle. Mature Front Garden. Artificial Grass. Front Garden Wall. Conifers and Hedging.

Entrance Porch: 1m X 1m Matted Flooring. Small Cupboard with Gas Metre. UPVC Front Door.

Entrance Hallway: (3.31m X 1.33m) X (0.78m X 3.34m) Carpet Flooring. Pendant light. Large Double Panel Radiator. Alarm Box. Electric Consumer Unit. Digital Boiler Themrostat.

Bedroom: 3.04m X 4.11m Carpet Flooring. Pendant light. Double Glazed Front Bay Window with Two Openers. Single Panel Radiator.

Bedroom: 3.96m X 2.64m Double Bedroom. Single Panel Radiator. Double Glazed Unit to Rear with an opener. Pendant Light. Carpet Flooring.

Bathroom: 3.02m X 1.3m Partially Tiled Walls. Tiled Flooring. Chrome Heated Towel Radiator. Sink Vanity Unit with Cupboard Storage in White. Built-in W/C. Bath with Chrome Bar Power Shower and Rainwater Head and Glass Shower Screen. Frosted Double Glazed Unit with an Opener. Vertical Blinds. Ceiling Recessed Spotlights. Panelled Ceilings.

Kitchen: 4.98m X 2.04m Tiled Flooring. Fitted Wooden Kitchen. Laminate Worktops. Four Ring Gas Burner. Electric Oven. Stainless Steel Extractor. Stainless Steel Sink with Chrome Mixer Tap. Double Glazed Window Surround. Splashback Tiles. Plumbing for a Washing Machine . Space for a Fridge/Freezer. Two LED Pendant Lights. Single Panel Radiator. Worcester Combi Boiler.

Lounge: 6.01m X 4.24m Double Glazed Front Bay Window with Two Openers. Large Double Panel Radiator. Pendant lights. Gas Fire with Marble Surround. Double Internal Doors leading to Dining Room.

Dining Room: 2.08m X 2.74m Carpet Flooring. Large Single Panel Radiator. Pendant Light. Side Frosted Fixed Double Glazed Unit.

Conservatory: 2.01m X 3.53m Tiled Flooring. UPVC Glazed Windows Surround. Single Panel Radiator.

First Floor Landing: 2.31m X 1.64m Carpet Flooring. Cupboard Storage. Pendant Light.

Bedroom: 2.47m X 3.83m Eaves Storage Shelving. Two Pendant Lights. Carpet Flooring. Double Panel Radiator. Dormer Double Glazed Window with One Opener.

Rear Garden: Garden Shed. Fence Panel Surround. Split-Level. Flagged Patio and Pathway. Feature Pond. Hedges. Large Rear Lawned Area.

AML Disclaimer Please note it is a legal requirement that we require verified ID from purchasers before instructing a sale. Please also note we shall require proof of funds before we instruct the sale, together with your instructed solicitors.

Agents Note Under the 1979 Estate Agents Act we are obliged to inform all potential purchasers that the owner of this property is related to an employee of Harrisons Lettings and Management Ltd.

Agents Note We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Harrisons Lettings and Management Ltd.

IMPORTANT NOTE TO POTENTIAL PURCHASERS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.

POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.

BUYERS INFORMATION To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Credas, which Harrisons Lettings and Management Ltd will send your AML check. There is a nominal charge of £30 including VAT for this (per person), payable direct to Harrisons Lettings and Management Ltd. Please note, we are unable to issue a memorandum of sale until the checks are complete.

REFERRAL FEES We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Harrisons Lettings and Management Ltd.

Harrisons Lettings and Management are members of the property ombudsman redress scheme (membership no. T09665). All clients money is protected with Clients Money Protection (CMP). Harrisons Lettings and Management are members of ARLA PropertyMark (membership no. M00006602)

Agent Details

Harrisons Estate Agents, Bolton

01202 145436

Next Steps?

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