2 Bed Flat, Single Let, Bolton, BL3 1RN, £70,000

Solent Drive, Darcy Lever - No chain - BEST AND FINAL OFFERS TUESDAY 11TH MARCH 2PM, BL3 1RN - a month ago

Sold STC
Leasehold
BTL
ROI: 21%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£56K - £169.6K
Sold Prices/m²£757/m² - £2.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1K/m²

Value Estimate

£84,700
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£775 - £3,650

Rent Estimate

£795

Running Costs/mo

£398

Cashflow/mo

£397

Cashflow/yr

£4,767

ROI

21%

Gross Yield

14%

Local Sold Prices

50 sold prices from £56K to £169.6K, average is £91K. £757/m² to £2.3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£79.5K06/220.06 mi19, Sidford Close, Bolton, Greater Manchester BL3 1RW2
£120K12/220.7 mi8, Oakenbottom Road, Bolton, Greater Manchester BL2 6DG2
£72.5K10/200.79 mi306 Lilac Gardens, Ramswell Close, Bolton, Greater Manchester BL3 2NL2
£70K01/210.79 mi105 Lilac Gardens, Ramswell Close, Bolton, Greater Manchester BL3 2NL2
£70K12/200.82 mi52, Hatherleigh Walk, Bolton, Greater Manchester BL2 6TS2
£100K11/220.82 mi50, Hatherleigh Walk, Bolton, Greater Manchester BL2 6TS2
£142K01/230.84 mi18, Lydford Gardens, Bolton, Greater Manchester BL2 6TU2
£82.5K06/210.89 mi140, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£82K04/210.89 mi142, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£82.5K06/210.89 mi140, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£105K05/220.9 mi32, Kelstern Close, Bolton, Greater Manchester BL2 2PG2
£97.5K07/220.94 mi188, Somerton Road, Bolton, Greater Manchester BL2 6TY2
£56.5K05/231.13 miFlat 25, The Old School Rooms, Great Moor Street, Bolton, Greater Manchester BL1 1NR2
£76K12/221.13 miFlat 17, The Old School Rooms, Great Moor Street, Bolton, Greater Manchester BL1 1NR2
£68.5K11/201.15 mi3, River View Court, Bolton, Greater Manchester BL2 2GY2
£155K10/221.18 mi155, Campbell Street, Farnworth, Bolton, Greater Manchester BL4 7HJ2
£70K07/221.2 mi18, Withins Close, Bolton, Greater Manchester BL2 5LQ2
£169.6K06/221.23 mi5, Catterick Drive, Little Lever, Bolton, Greater Manchester BL3 1EL2
£128K11/221.28 mi22, Boundary Drive, Bradley Fold, Bolton, Greater Manchester BL2 6RU2
£77K06/231.3 mi53, Dean Court, Bolton, Greater Manchester BL1 2SA2
£67K03/211.3 mi63, Dean Court, Bolton, Greater Manchester BL1 2SA2
£92.5K02/231.32 mi77, Dean Court, Bolton, Greater Manchester BL1 2SA2
£68K12/201.34 mi10, Dean Court, Bolton, Greater Manchester BL1 2RY2
£80K02/211.34 mi32, Dean Court, Bolton, Greater Manchester BL1 2RY2
£90K03/231.41 mi14, Devon Close, Little Lever, Bolton, Greater Manchester BL3 1XB2
£100K01/231.41 mi19, Devon Close, Little Lever, Bolton, Greater Manchester BL3 1XB2
£99K01/221.43 mi15, Glynne Street, Farnworth, Bolton, Greater Manchester BL4 7DN2
£90K04/221.43 mi7, Highwood Close, Bolton, Greater Manchester BL2 5FA2
£56K08/211.43 mi7, Highwood Close, Bolton, Greater Manchester BL2 5FA2
£65K09/211.43 mi19, Highwood Close, Bolton, Greater Manchester BL2 5FA2
£65K09/211.43 mi19, Highwood Close, Bolton, Greater Manchester BL2 5FA2
£88K06/221.44 mi67, Dixon Green Drive, Farnworth, Bolton, Greater Manchester BL4 7EE2
£128K09/221.48 mi44, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£100K06/211.48 mi46, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£111K08/221.48 mi28, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£100K07/211.48 mi39, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£115K12/221.48 mi24, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£115K06/221.48 mi27, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£106K11/201.48 mi8, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£92.5K09/221.48 mi49, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£99K03/211.48 mi33, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£110K02/231.48 mi1, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£125K07/231.48 mi10, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£105K02/221.48 mi29, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£77K10/201.5 mi37, Sunningdale Court, Little Lever, Bolton, Greater Manchester BL3 1LZ2
£77.5K12/201.58 mi33, Garswood Road, Bolton, Greater Manchester BL3 3FG2
£75K10/201.6 mi53, High Street, Little Lever, Bolton, Greater Manchester BL3 1NA2
£92K12/221.6 mi63, High Street, Little Lever, Bolton, Greater Manchester BL3 1NA2
£77K02/211.6 mi63, High Street, Little Lever, Bolton, Greater Manchester BL3 1NA2
£110K01/231.6 mi55, High Street, Little Lever, Bolton, Greater Manchester BL3 1NA2

Local Rents

17 rents from £775/mo to £3.6K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£79503/250.02 mi-2
£87502/240.03 mi-2
£89501/250.03 mi-2
£85010/230.08 mi-2
£82510/240.26 mi-2
£89511/240.26 mi-2
£1,00002/250.26 mi-2
£79003/240.26 miHigher Darcy Street, Bolton2
£79505/240.26 miHigher Darcy Street, Bolton2
£3,65009/230.26 mi-2
£77512/240.27 miRadcliffe Road, Bolton2
£80003/240.28 miBentley Street, Bolton2
£79505/240.28 miBentley Street, Bolton2
£82504/240.31 miClayton Street, Bolton2
£82501/250.58 mi-2
£82502/240.59 mi-2
£85004/240.59 miSt Peters House, 71 Bromwich Street, Bolton, Lancashire, BL22

Local Area Statistics

Population in BL3

63,785

Population in Bolton

217,471

Town centre distance

3.40 miles away

Nearest school

0.20 miles away

Nearest train station

0.97 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+0%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £70,000

March 12, 2025

Floor Plans

Description

  • Ground floor two bedroom Flat +
  • Lawned garden to rear with patio space +
  • Single garage, lovely aspect to rear +
  • UPVCDG, modern gas combi boiler +
  • Modern metal electric fuse box +
  • Lounge diner with patio doors to garden +
  • 3pc white bathroom suite, breakfast kitchen +
  • Ideal to update to own taste and specification +

A two bedroom ground floor property, benefiting from lovely aspects to the rear over the woodland, a private rear garden and a garage.

Situated in a consistently popular area, Darcy Lever situated perfectly between beautiful local countryside and open green areas, such as Leverhulme Park and nearby farmland, whilst still being within easy reach of Bolton town centre, the motorway network via St Peters Way and excellent every day amenities.

The property benefits from UPVC double glazing, a modern metal electric fuse box and a gas combination central heating boiler that we understand was only installed in 2022 and comes with the reminder of the warranty.

It is fair to point out that the property could benefit from an internal cosmetic refresh to totally fulfil its potential, this of course is reflected in the asking price. The accommodation briefly comprises: entrance hallway, lounge/diner with patio doors off to the rear garden, kitchen, master bedroom, second bedroom and three-piece, white bathroom suite. Externally, there is the garden to the rear which is predominantly laid to lawn with patio area and a single garage.

There is a great deal to admire and superb potential to improve and update, as such a personal viewing comes with our highest recommendations by appointment with Cardwells Estate Agents Bolton on , or via A walk through viewing video is available to watch in the first instance.

Agent Details

Cardwells Sales, Lettings, Management & Commercial, Bolton

01204 326650

Next Steps?

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