3 Bed Terraced House, Refurb/BRRR, Bolton, BL2 6BG, £150,000

Romer Street, Bolton, BL2 6BG - 4 views - a month ago

Leasehold
Refurb/BRRR
ROI: 9%
~93 m²
+5 photos

ValuationFair Value

Sold Prices£80.5K - £265K
Sold Prices/m²£901/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£153,000

 

 

End Value (After Refurb)

£162,255

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£8,700

Refurb Costs

£39,324

Bridging Loan Interest

£3,938

Total Cash In

£91,212

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£162,255

Mortgage (After Refinance)

£121,691

Mortgage LTV

75%

Cash Released

£9,191

Cash Left In

£82,020

Equity

£40,564

Rent Range

£447 - £3,000

Rent Estimate

£1,481

Running Costs/mo

£823

Cashflow/mo

£658

Cashflow/yr

£7,893

ROI

9%

Gross Yield

12%

Local Sold Prices

50 sold prices from £80.5K to £265K, average is £150K. £901/m² to £3K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£80.5K05/230.09 mi5, Clegg Street, Bolton, Greater Manchester BL2 6BL3
£96.5K07/230.18 mi83, Tonge Fold Road, Bolton, Greater Manchester BL2 6AN3
£127K02/230.19 mi7, Chiltern Drive, Bolton, Greater Manchester BL2 6AP3
£137K02/210.19 mi42, Chiltern Drive, Bolton, Greater Manchester BL2 6AP3
£137.5K11/210.21 mi40, Skipton Street, Bolton, Greater Manchester BL2 2PR3
£220K12/220.24 mi72, Crompton Way, Bolton, Greater Manchester BL2 2SD3
£169.8K03/230.26 mi1, Downham Avenue, Bolton, Greater Manchester BL2 2TD3
£235K01/230.26 mi56, Staton Avenue, Bolton, Greater Manchester BL2 2SW3
£232K11/210.27 mi59, Oakenbottom Road, Bolton, Greater Manchester BL2 6DQ3
£185K10/200.27 miNorwood, Oakenbottom Road, Bolton, Greater Manchester BL2 6DQ3
£160K11/220.3 mi67, Rossall Road, Bolton, Greater Manchester BL2 2QF3
£145K06/230.31 mi178, Ainsworth Lane, Bolton, Greater Manchester BL2 2PY3
£150K03/210.33 mi84, Staton Avenue, Bolton, Greater Manchester BL2 2SN3
£127K06/230.36 mi142, Bradford Street, Bolton, Greater Manchester BL2 1JS3
£199.5K02/230.37 mi45, Archer Avenue, Bolton, Greater Manchester BL2 2SJ3
£145K05/210.38 mi38, Hypatia Street, Bolton, Greater Manchester BL2 6AA3
£118.5K03/210.38 mi174, Turner Bridge Road, Bolton, Greater Manchester BL2 2RS3
£125K07/230.39 mi2, Kerry Grove, Bolton, Greater Manchester BL2 2QH3
£86.5K11/200.41 mi67, Bradford Park Drive, Bolton, Greater Manchester BL2 1PA3
£175K05/230.41 mi10, Bradford Park Drive, Bolton, Greater Manchester BL2 1PA3
£150K10/200.41 mi11, Blenheim Road, Bolton, Greater Manchester BL2 6EA3
£180K07/210.41 mi33, Blenheim Road, Bolton, Greater Manchester BL2 6EA3
£105K11/200.43 mi3, Tinsley Grove, Bolton, Greater Manchester BL2 2EZ3
£265K02/210.44 mi121, Radcliffe Road, Bolton, Greater Manchester BL2 1NU3
£88K11/210.45 mi67, Stephens Street, Bolton, Greater Manchester BL2 5DU3
£210K01/230.45 mi22, Whiston Drive, Bolton, Greater Manchester BL2 1PD3
£215K05/210.45 mi22, Whiston Drive, Bolton, Greater Manchester BL2 1PD3
£175K07/230.47 mi3, High Avenue, Bolton, Greater Manchester BL2 5AZ3
£222K04/230.48 mi167, Radcliffe Road, Bolton, Greater Manchester BL2 1NZ3
£121K02/210.5 mi49, Romiley Crescent, Bolton, Greater Manchester BL2 5AT3
£100K04/210.5 mi36, Romiley Crescent, Bolton, Greater Manchester BL2 5AT3
£100K04/210.5 mi36, Romiley Crescent, Bolton, Greater Manchester BL2 5AT3
£132K06/210.5 mi87, Blenheim Road, Bolton, Greater Manchester BL2 6EL3
£185K03/210.5 mi2, St James Avenue, Bolton, Greater Manchester BL2 6HY3
£156K08/210.5 mi159, Long Lane, Bolton, Greater Manchester BL2 6EU3
£140K03/210.53 mi97, Blenheim Road, Bolton, Greater Manchester BL2 6EL3
£103.5K10/210.53 mi15, Littlebrooke Close, Bolton, Greater Manchester BL2 2GX3
£129.8K03/210.53 mi109, Withins Lane, Bolton, Greater Manchester BL2 5DY3
£186.5K02/230.53 mi9, Roscow Avenue, Bolton, Greater Manchester BL2 6HU3
£130K09/210.54 mi9, Roscow Avenue, Bolton, Greater Manchester BL2 6HU3
£116K07/210.54 mi20, Roscow Avenue, Bolton, Greater Manchester BL2 6HU3
£178K04/210.54 mi1, The Grove, Bolton, Greater Manchester BL2 1LZ3
£170K04/230.55 mi43, Gregory Avenue, Bolton, Greater Manchester BL2 6HS3
£140K11/210.55 mi41, Brierwood, Bolton, Greater Manchester BL2 2PF3
£187K11/210.55 mi52, Brierwood, Bolton, Greater Manchester BL2 2PF3
£130K07/230.55 mi22, Brierwood, Bolton, Greater Manchester BL2 2PF3
£190K07/230.55 mi80, Brierwood, Bolton, Greater Manchester BL2 2PF3
£160K11/210.55 mi124, Radcliffe Road, Bolton, Greater Manchester BL2 1PE3
£175K06/210.56 mi8, Trillo Avenue, Bolton, Greater Manchester BL2 1LU3
£165K02/210.56 mi9, Trillo Avenue, Bolton, Greater Manchester BL2 1LU3

Local Rents

23 rents from £447/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,35004/240.22 mi-3
£1,35004/240.22 miIlkley Close, Bolton, BL23
£3,00004/240.22 mi-3
£2,60005/240.22 mi-3
£2,70011/240.22 mi-3
£2,60004/250.22 mi-3
£97503/240.24 miJethro Street, Bolton, BL23
£92512/240.32 mi-3
£97511/240.33 mi-3
£1,10011/230.36 mi-3
£1,25004/250.36 mi-3
£95002/240.39 mi-3
£1,20001/250.39 mi-3
£1,20003/250.46 mi-3
£1,20003/250.47 mi-3
£99502/250.47 mi-3
£95004/240.49 miLittlebrooke Close, Bolton, BL23
£95004/240.49 miLittlebrooke Close, Bolton, BL23
£95005/240.49 mi-3
£1,40005/240.53 mi-3
£44704/240.53 miBirkleigh Walk, Bolton, BL2 6SA3
£2,99905/240.54 mi-3
£95003/240.54 miKingston Avenue, Bolton3

Local Area Statistics

Population in BL2

45,845

Population in Bolton

217,471

Town centre distance

3.07 miles away

Nearest school

0.50 miles away

Nearest train station

0.98 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+43%

Property History

Listed for £150,000

March 10, 2025

Floor Plans

Description

This residence, recently transformed through a comprehensive and artful refurbishment, offers a fresh and unexpected perspective on modern home design while honoring its traditional roots.

Upon entry, visitors are greeted by a reinterpreted living space where inventive spatial solutions and subtle, yet refined, design elements foster a sense of relaxed sophistication. The interior exudes an air of understated elegance with bespoke finishes, fresh textures, and a thoughtfully selected color palette that redefines what it means to feel at home.

A standout upgrade is the installation of an energy-smart, new boiler-an investment in both efficiency and long-term reliability. This forward-thinking approach underpins the overall renovation, reinforcing the home's commitment to sustainability while elevating indoor comfort.

The careful transformation marries timeless appeal with contemporary innovation, creating a sanctuary that is as refreshing in its look as it is dependable in its performance.

Step inside and discover a home that invites you to experience living redefined-a harmonious blend of meticulous craftsmanship and inventive design awaits.

Council Tax Band: A
Tenure: Leasehold (852 years)

Agent Details

Open House Estate Agents, Bolton

01204 326572

Next Steps?

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