3 Bed Bungalow, Refurb/BRRR, Westhoughton, BL5 3UH, £300,000

Selbourne Close, Westhoughton, BL5 3UH - a month ago

Leasehold
Refurb/BRRR
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£120K - £327.5K
Sold Prices/m²£1.2K/m² - £3.9K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£216,616

 

 

End Value (After Refurb)

£252,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£39,200

Bridging Loan Interest

£7,875

Total Cash In

£142,525

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£252,750

Mortgage (After Refinance)

£189,563

Mortgage LTV

75%

Cash Left In

£142,525

Equity

£63,188

Rent Range

£485 - £2,000

Rent Estimate

£955

Running Costs/mo

£1,001

Cashflow/mo

£-46

Cashflow/yr

£-550

Gross Yield

4%

Local Sold Prices

50 sold prices from £120K to £327.5K, average is £226.5K. £1.2K/m² to £3.9K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£215K11/200.09 mi20, Upper Lees Drive, Westhoughton, Bolton, Greater Manchester BL5 3UE3
£282K11/220.09 mi6, Upper Lees Drive, Westhoughton, Bolton, Greater Manchester BL5 3UE3
£219K05/210.12 mi21, Barnfield Drive, Westhoughton, Bolton, Greater Manchester BL5 3UA3
£249K01/210.12 mi40, Cow Lees, Westhoughton, Bolton, Greater Manchester BL5 3EG3
£253K11/210.13 mi81, Molyneux Road, Westhoughton, Bolton, Greater Manchester BL5 3JN3
£155K12/200.15 mi48, Fellbridge Close, Westhoughton, Bolton, Greater Manchester BL5 3UD3
£220K11/200.15 mi2, Allerton Close, Westhoughton, Bolton, Greater Manchester BL5 3UG3
£186K01/230.15 mi77, Molyneux Road, Westhoughton, Bolton, Greater Manchester BL5 3UJ3
£260K12/220.18 mi64, Molyneux Road, Westhoughton, Bolton, Greater Manchester BL5 3EU3
£306K11/200.19 mi27, Captain Lees Gardens, Westhoughton, Bolton, Greater Manchester BL5 3YF3
£322.5K11/220.19 mi19, Captain Lees Gardens, Westhoughton, Bolton, Greater Manchester BL5 3YF3
£320K04/230.2 mi7, Waters Nook Road, Westhoughton, Bolton, Greater Manchester BL5 3HD3
£157K03/210.2 mi23, Redstock Close, Westhoughton, Bolton, Greater Manchester BL5 3UX3
£263K03/230.22 mi13, Yellow Lodge Drive, Westhoughton, Bolton, Greater Manchester BL5 3EX3
£252.5K09/210.22 mi37, Yellow Lodge Drive, Westhoughton, Bolton, Greater Manchester BL5 3EX3
£245K09/210.22 mi34, Yellow Lodge Drive, Westhoughton, Bolton, Greater Manchester BL5 3EX3
£235K09/210.23 mi2, Alexandria Drive, Westhoughton, Bolton, Greater Manchester BL5 3HF3
£235K02/210.24 mi143, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3DB3
£190K04/210.25 mi417, Manchester Road, Westhoughton, Bolton, Greater Manchester BL5 3JS3
£193K02/210.26 mi198, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3HB3
£308K09/210.28 mi30, Forest Drive, Westhoughton, Bolton, Greater Manchester BL5 3DH3
£327.5K12/200.28 mi27, Forest Drive, Westhoughton, Bolton, Greater Manchester BL5 3DH3
£241.5K03/210.28 mi56, Broom Way, Westhoughton, Bolton, Greater Manchester BL5 3TZ3
£202.5K04/210.28 mi13, Molyneux Road, Westhoughton, Bolton, Greater Manchester BL5 3HN3
£124K11/200.29 mi261, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3HJ3
£250K10/200.3 mi234, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3HL3
£175K11/210.3 mi15, Lee Bank, Westhoughton, Bolton, Greater Manchester BL5 3HQ3
£211K10/210.3 mi11, Lee Bank, Westhoughton, Bolton, Greater Manchester BL5 3HQ3
£220K02/210.34 mi12, Farleigh Close, Westhoughton, Bolton, Greater Manchester BL5 3ES3
£120K12/200.34 mi77, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3DA3
£130K02/210.34 mi65, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3DA3
£255K10/210.35 mi8, Dewham Close, Westhoughton, Bolton, Greater Manchester BL5 3GR3
£167K11/200.36 mi14, Snydale Close, Westhoughton, Bolton, Greater Manchester BL5 3EP3
£278K11/200.37 mi60, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3DJ3
£235K12/220.37 mi313, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3EL3
£222K06/210.37 mi285, Bolton Road, Westhoughton, Bolton, Greater Manchester BL5 3EL3
£230K10/210.39 mi67, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£240K06/230.39 mi34, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£223K12/220.39 mi79, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£210K09/210.39 mi42, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£186K03/210.39 mi32, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£177K04/210.39 mi18, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£184K04/210.39 mi87, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£300K11/220.39 mi2, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£188K03/210.39 mi60, Abbeylea Drive, Westhoughton, Bolton, Greater Manchester BL5 3ZD3
£173.5K12/200.41 mi301, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3HU3
£236.4K02/210.41 mi289, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3HU3
£220K12/200.41 mi281, Park Road, Westhoughton, Bolton, Greater Manchester BL5 3HU3
£285K02/230.41 mi70, Cherwell Road, Westhoughton, Bolton, Greater Manchester BL5 3TX3
£305K09/210.44 mi8, Arundale, Westhoughton, Bolton, Greater Manchester BL5 3YB3

Local Rents

50 rents from £485/mo to £2K/mo, average is £898/mo.

RentDateDistanceAddressBeds 
£75012/240.06 mi-1
£1,18012/240.23 miSpinney Way, Westhoughton, Bolton, Greater Manchester, BL53
£1,55012/240.3 miPerseverance Close, Westhoughton, BL5 3FZ4
£69512/240.34 mi-1
£1,40012/240.39 mi-3
£85012/240.41 mi-2
£72512/240.43 mi1 Alden Court, Albany Fold, Westhoughton, Bolton2
£1,50012/240.47 miOFFICE BUILDING TO LET - Leigh Road, Westhoughton, Bolton, Lancashire.1
£87502/250.49 mi-2
£79512/240.55 miGladstone Street, Westhoughton, Bolton2
£90002/250.57 mi-3
£67512/240.57 miThe Loft, Church Street, Westhoughton, Bolton, BL5 3SX2
£75012/240.57 mi-2
£80012/240.57 mi-2
£65012/240.57 miChurch Street, Westhoughton2
£79512/240.58 mi73 Church Street, Westhoughton, Bolton, BL5 3RZ2
£90012/240.58 mi-2
£48512/240.58 miFor people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL52
£51112/240.58 miFor people aged 50 and over: The Mortons, Bolton, Greater Manchester, BL52
£1,15012/240.6 miChurch Street, Westhoughton, BL53
£92502/250.6 mi-2
£70012/240.6 miPavilion Gardens, Westhoughton2
£95012/240.65 mi-2
£85012/240.78 mi-2
£1,15012/240.78 mi-3
£1,15012/240.83 miChurch Street, Westhoughton, Bolton3
£90012/240.84 miGrove Cottages, Westoughton, Bolton2
£85001/250.84 mi-2
£79512/240.88 miLeigh Road, Westhoughton2
£70012/240.9 miChorley Road, Westhoughton, BL52
£72512/240.91 miSt Johns Court, Chorley Road, Westhoughton, Bolton, BL52
£1,35012/240.96 miMarsham Road, Westhoughton, BL5 2GX4
£60011/240.96 mi-1
£1,35001/250.98 mi-3
£95011/241.01 mi-2
£70012/241.02 mi-2
£69512/241.08 mi-1
£90012/241.09 miWigan Road, Westhoughton, BL52
£93003/251.16 mi-3
£89502/241.19 mi-2
£99502/241.19 mi-2
£1,05001/251.21 mi-4
£1,05005/241.26 miGregory Avenue, Atherton, M46 9NX3
£2,00012/241.26 miTempest Road, Bolton, BL63
£85012/241.32 mi-2
£1,10003/251.34 mi-3
£92505/241.37 mi-2
£75005/241.39 miRailway Street, Atherton, M462
£1,55005/241.42 miCedar Avenue, Atherton, Manchester, M464
£1,49506/241.42 miCedar Avenue, Atherton, Manchester, M464

Local Area Statistics

Population in BL5

27,064

Town centre distance

0.53 miles away

Nearest school

0.20 miles away

Nearest train station

0.63 miles away

 

 

Rental demand

Landlord's market

Sales demand

Buyer's market

Capital growth (5yrs)

+31%

Property History

Listed for £300,000

March 4, 2025

Floor Plans

Description

  • Driveway to the Front for Off Road Parking +
  • Fantastic Corner Plot in a Prime Location +
  • Three Bedrooms +
  • Garage to The Front with Power +
  • Close to All Local Amenities Including Highly Regarded Primary and Secondary Schools +
  • Offered with No Onward Chain +
  • Beautiful Garden to the Rear +

Introducing brand new to the market this fabulous 3 bedroom detached true bungalow that has an abundance of potential that new buyers can make their own to create their dream family home. This property is offered with NO ONWARD chain and is primely located in a tranquil, cul-de-sac position in Westhoughton whilst occupying a gorgeous corner plot. Residents can enjoy a vibrant community atmosphere whilst all transport links and motorway networks are close-by. The property is situated within extremely close proximity to highly rated Ofsted ‘Outstanding’ schools and local train stations making it a commuters dream, you are also close-by to Westhoughton town centre that features all your popular supermarkets, restaurants and eateries. This spectacular family home boasts charming and traditional features throughout and versatile space both internally and externally - featuring TWO double bedrooms and a further single, IMPRESSIVE family/dining room and kitchen that offers elegance, style and space. You will be truly impressed by the internal space and location this lovely family home offers whilst complimented an extensive driveway to the front and an integral garage. Contact our team and book your viewing today! Entrance Hallway (0.9m x 6.17m) Entry via a composite front door, you are greeted into a welcoming hallway that offers accessibility through to the full residence. Tastefully decorated with fitted carpets and warmed by a gas central heating radiator. Access into the fully boarded loft space that has ladder access and lighting, fantastic for additional storage. Lounge (6.13m x 4.58m) Seamlessly flowing through to a fantastic open lounge and dining family area that enhances exceptional space and light throughout with a large double glazed window to the rear aspect that creates a light and airy ambience. In need of modernisation, this home offers remarkable potential for someone to come in and make their own. Featuring fitted carpets, gas fire and warmed by a gas central heating radiator. Kitchen (3.03m x 3.07m) Bursting with charm and character, this superb kitchen boasting traditional oak cabinetry and ample worktop space, adjacent is further counter space with additional space for a washing machine, dishwasher or dryer. Impressive space and features all your cooking appliances including electric oven, gas hob and overhead extractor hood. Tiled flooring, partially tiled walls and patio door leading out onto the external areas. Master Bedroom (3.4m x 4.41m) A fantastic master bedroom to the rear of the property that overlooks the beautiful rear garden. Complimented by fitted wardrobes, fitted carpets and a gas central heating radiator. Bedroom 2 (2.49m x 3.65m) The second bedroom is an equally good size double bedroom that offers remarkable space and would be ideal for a guest or visitors bedroom. Neutral decor, fitted carpets, gas central heating radiator and a double glazed window to the front aspect that allows natural light to flood through the home. Bedroom 3 (2.12m x 2.94m) The third and final bedroom completes the bedroom accommodation on offer, a single bedroom that could be perfect for an office/study room or childrens bedroom. Fitted carpets, warmed by a gas central heating radiator. Bathroom (1.48m x 3.1m) A contemporary bathroom suite that is currently converted into a wet-room. Adorned with fully tiled walls, fitted shelving and mirror, with a stand alone WC, pedestal wash basin and electric shower. Double glazed window to the side aspect. Garden Stepping outside you will find an spectacular outdoor front and rear gardens - boasting a remarkable corner plot on the cul-de-sac, perfect for those love the outdoors and great for relaxing and entertaining day and night. To the front, features a low maintenance garden and driveway for off road parking that is gated, with an additional wrap around garden and access to both sides of the home - this garden has fantastic kerb appeal with impressive space to both front and rear. Parking - Garage A fantastic garage to the front of the home that is accessed via an electric hob, perfect for off road parking and has fantastic storage inside to create a clutter free environment. Electric and power inside with additional lighting and sockets and boiler.

Agent Details

Price and Co, Westhoughton

01204 958070

Next Steps?

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