2 Bed Flat, Single Let, Bolton, BL2 5FA, £89,950

Highwood Close, Bolton, BL2 5FA - 2 views - a month ago

Leasehold
BTL
ROI: 13%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£56K - £160K
Sold Prices/m²£757/m² - £2.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.3K/m²

Value Estimate

£105,379
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£22,488

Stamp Duty & Legal Fees

£5,698

Total Cash In

£28,185

 

 

Cash Out

 

Rent Range

£625 - £875

Rent Estimate

£750

Running Costs/mo

£451

Cashflow/mo

£299

Cashflow/yr

£3,587

ROI

13%

Gross Yield

10%

Local Sold Prices

46 sold prices from £56K to £160K, average is £92.5K. £757/m² to £2.9K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£65K09/210.01 mi19, Highwood Close, Bolton, Greater Manchester BL2 5FA2
£65K09/210.01 mi19, Highwood Close, Bolton, Greater Manchester BL2 5FA2
£90K04/220.01 mi7, Highwood Close, Bolton, Greater Manchester BL2 5FA2
£56K08/210.01 mi7, Highwood Close, Bolton, Greater Manchester BL2 5FA2
£70K07/220.23 mi18, Withins Close, Bolton, Greater Manchester BL2 5LQ2
£120K12/220.77 mi8, Oakenbottom Road, Bolton, Greater Manchester BL2 6DG2
£105K05/221.05 mi32, Kelstern Close, Bolton, Greater Manchester BL2 2PG2
£97.5K07/221.06 mi188, Somerton Road, Bolton, Greater Manchester BL2 6TY2
£142K01/231.11 mi18, Lydford Gardens, Bolton, Greater Manchester BL2 6TU2
£82.5K06/211.11 mi140, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£82K04/211.11 mi142, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£82.5K06/211.11 mi140, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£100K11/221.15 mi50, Hatherleigh Walk, Bolton, Greater Manchester BL2 6TS2
£70K12/201.15 mi52, Hatherleigh Walk, Bolton, Greater Manchester BL2 6TS2
£68.5K11/201.21 mi3, River View Court, Bolton, Greater Manchester BL2 2GY2
£128K11/221.32 mi22, Boundary Drive, Bradley Fold, Bolton, Greater Manchester BL2 6RU2
£70K09/211.35 mi23, Finsbury Court, Bolton, Greater Manchester BL1 8XP2
£74K03/211.42 mi7, Highcroft, Bolton, Greater Manchester BL1 8UX2
£79.5K06/221.46 mi19, Sidford Close, Bolton, Greater Manchester BL3 1RW2
£105K11/221.47 mi20, Bellfield View, Bolton, Greater Manchester BL1 8UQ2
£100K04/231.56 mi147, Astley Brook Close, Bolton, Greater Manchester BL1 8SP2
£90K09/211.56 mi175, Astley Brook Close, Bolton, Greater Manchester BL1 8SP2
£98.5K10/231.56 mi143, Astley Brook Close, Bolton, Greater Manchester BL1 8SP2
£77K06/231.62 mi53, Dean Court, Bolton, Greater Manchester BL1 2SA2
£67K03/211.62 mi63, Dean Court, Bolton, Greater Manchester BL1 2SA2
£68K12/201.64 mi10, Dean Court, Bolton, Greater Manchester BL1 2RY2
£80K02/211.64 mi32, Dean Court, Bolton, Greater Manchester BL1 2RY2
£92.5K02/231.65 mi77, Dean Court, Bolton, Greater Manchester BL1 2SA2
£100K01/231.72 mi19, Devon Close, Little Lever, Bolton, Greater Manchester BL3 1XB2
£90K03/231.72 mi14, Devon Close, Little Lever, Bolton, Greater Manchester BL3 1XB2
£56.5K05/231.89 miFlat 25, The Old School Rooms, Great Moor Street, Bolton, Greater Manchester BL1 1NR2
£76K12/221.89 miFlat 17, The Old School Rooms, Great Moor Street, Bolton, Greater Manchester BL1 1NR2
£111K08/221.89 mi28, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£100K07/211.89 mi39, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£115K12/221.89 mi24, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£115K06/221.89 mi27, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£106K11/201.89 mi8, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£92.5K09/221.89 mi49, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£99K03/211.89 mi33, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£110K02/231.89 mi1, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£125K07/231.89 mi10, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£105K02/221.89 mi29, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£128K09/221.91 mi44, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£100K06/211.91 mi46, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£75K06/211.91 mi21, Highgrove Close, Bolton, Greater Manchester BL1 8QE2
£160K05/231.94 mi37, Maplewood Gardens, Bolton, Greater Manchester BL1 3NR2

Local Rents

10 rents from £625/mo to £875/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£75003/240.05 mi83 Winster Drive, Bolton, BL2 5HA2
£82503/250.18 mi-2
£87503/250.34 mi-2
£85005/240.34 miPadbury Way, Bolton2
£76012/240.5 mi** Crompton Avenue, Bolton **2
£77503/240.58 miBury Road, Bolton2
£77505/240.58 miBury Road, Bolton2
£75003/240.58 miBury Road, Breightmet, Bolton2
£82504/250.61 mi-2
£62502/240.62 mi-2

Local Area Statistics

Population in BL2

45,845

Population in Bolton

217,471

Town centre distance

3.76 miles away

Nearest school

0.10 miles away

Nearest train station

1.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+43%

Property History

Listed for £89,950

March 11, 2025

Floor Plans

Description

  • NO UPWARD CHAIN +
  • 2 BEDROOMS +
  • CLOSE TO LOCAL AMENITIES +
  • EARLY VIEWING HIGHLY RECOMMENDED +
  • IDEAL FOR FIRST TIME BUYERS OR INVESTORS +

*SPACIOUS TWO BEDROOM APARTMENT*

Eric Clarke are delighted to present spacious flat located in Breightmet close to the centre of Bolton, ideally situated for transport links and town centre. This would make the perfect home for either a first time buyer or has the potential to net a strong yield as a buy to let investment.

The property is situated on the first floor, and comprises briefly: a welcoming hallway that provides access to a spacious reception room, two double bedrooms, and a three-piece family bathroom, and kitchen.

For those seeking a solid investment opportunity, this apartment ticks all the boxes. With its desirable location, spacious interior, and excellent potential for rental income, this property is sure to attract the attention of discerning investors.

Don't miss out on the chance to own a fantastic apartment in Highwood Close, Bolton. Contact us today to arrange a viewing and secure your future investment!

Council Tax Band: A (Bolton Council)
Tenure: Leasehold (92 years)
Service Charge: £90 per month

Agent Details

Eric Clarke, Bolton

01204 326954

Next Steps?

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