2 Bed Flat, Refurb/BRRR, Bolton, BL3 2NL, £85,000

Lilac Gardens, Bolton, BL3 2NL - 2 views - a month ago

Leasehold
Refurb/BRRR
ROI: 5%
~68 m²
+4 photos

ValuationFair Value

Sold Prices£56.5K - £169.6K
Sold Prices/m²£918/m² - £2.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.2K/m²

Value Estimate

£85,850

 

 

End Value (After Refurb)

£136,222

Uplift in Value

+60%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£21,250

Stamp Duty & Legal Fees

£5,450

Refurb Costs

£28,800

Bridging Loan Interest

£2,231

Total Cash In

£59,481

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£136,222

Agent Fees (1%)

£1,362

Bridging Loan

£63,750

Bridging Loan Interest

£2,231

Flip Profit

£11,628

Local Sold Prices

50 sold prices from £56.5K to £169.6K, average is £87.5K. £918/m² to £2.3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£72.5K10/200 mi306 Lilac Gardens, Ramswell Close, Bolton, Greater Manchester BL3 2NL2
£70K01/210 mi105 Lilac Gardens, Ramswell Close, Bolton, Greater Manchester BL3 2NL2
£155K10/220.46 mi155, Campbell Street, Farnworth, Bolton, Greater Manchester BL4 7HJ2
£88K06/220.77 mi67, Dixon Green Drive, Farnworth, Bolton, Greater Manchester BL4 7EE2
£79.5K06/220.77 mi19, Sidford Close, Bolton, Greater Manchester BL3 1RW2
£99K01/220.81 mi15, Glynne Street, Farnworth, Bolton, Greater Manchester BL4 7DN2
£77.5K12/200.92 mi33, Garswood Road, Bolton, Greater Manchester BL3 3FG2
£75K02/210.94 mi3, Reed Close, Farnworth, Bolton, Greater Manchester BL4 7EF2
£90K10/201.21 mi24, Pear Tree Place, Farnworth, Bolton, Greater Manchester BL4 9RX2
£93K10/201.21 mi17, Pear Tree Place, Farnworth, Bolton, Greater Manchester BL4 9RX2
£95K08/221.22 mi22, Pear Tree Place, Farnworth, Bolton, Greater Manchester BL4 9RX2
£95K02/221.22 mi9, Pear Tree Place, Farnworth, Bolton, Greater Manchester BL4 9RX2
£102K07/231.22 mi11, Pear Tree Place, Farnworth, Bolton, Greater Manchester BL4 9RX2
£100K01/231.22 mi24, Pear Tree Place, Farnworth, Bolton, Greater Manchester BL4 9RX2
£82.5K01/221.25 miFlat 10, Bridgeman House, Moorfield Chase, Farnworth, Bolton, Greater Manchester BL4 9DU2
£80K12/221.25 miFlat 5, Bridgeman House, Moorfield Chase, Farnworth, Bolton, Greater Manchester BL4 9DU2
£72K10/211.25 miFlat 20, Bridgeman House, Moorfield Chase, Farnworth, Bolton, Greater Manchester BL4 9DU2
£72K02/211.25 miFlat 6, Shaw House, Moorfield Chase, Farnworth, Bolton, Greater Manchester BL4 9DQ2
£56.5K05/231.26 miFlat 25, The Old School Rooms, Great Moor Street, Bolton, Greater Manchester BL1 1NR2
£76K12/221.26 miFlat 17, The Old School Rooms, Great Moor Street, Bolton, Greater Manchester BL1 1NR2
£87K09/221.27 miFlat 2, Lever House, Moorfield Chase, Farnworth, Bolton, Greater Manchester BL4 9DW2
£100K02/231.33 mi7, Ceres Chase, Farnworth, Bolton, Greater Manchester BL4 9EW2
£100K12/221.33 mi3, Ceres Chase, Farnworth, Bolton, Greater Manchester BL4 9EW2
£105K10/221.33 mi23, Ceres Chase, Farnworth, Bolton, Greater Manchester BL4 9EW2
£110K06/231.36 mi3, Ruskin Court, Farnworth, Bolton, Greater Manchester BL4 9EQ2
£90K11/221.36 mi8, Ruskin Court, Farnworth, Bolton, Greater Manchester BL4 9EQ2
£85K07/221.36 miFlat 6, Highfield Court, Masefield Drive, Farnworth, Bolton, Greater Manchester BL4 9TF2
£75K11/201.37 mi87, Buckley Lane, Farnworth, Bolton, Greater Manchester BL4 9PQ2
£169.6K06/221.44 mi5, Catterick Drive, Little Lever, Bolton, Greater Manchester BL3 1EL2
£70K12/201.47 mi52, Hatherleigh Walk, Bolton, Greater Manchester BL2 6TS2
£120K12/221.47 mi8, Oakenbottom Road, Bolton, Greater Manchester BL2 6DG2
£100K11/221.48 mi50, Hatherleigh Walk, Bolton, Greater Manchester BL2 6TS2
£82.5K06/211.49 mi140, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£82K04/211.49 mi142, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£82.5K06/211.49 mi140, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£142K01/231.51 mi18, Lydford Gardens, Bolton, Greater Manchester BL2 6TU2
£105K05/221.52 mi32, Kelstern Close, Bolton, Greater Manchester BL2 2PG2
£60K11/201.53 mi76, Willows Lane, Bolton, Greater Manchester BL3 4AB2
£97.5K07/221.61 mi188, Somerton Road, Bolton, Greater Manchester BL2 6TY2
£77K06/231.66 mi53, Dean Court, Bolton, Greater Manchester BL1 2SA2
£67K03/211.66 mi63, Dean Court, Bolton, Greater Manchester BL1 2SA2
£92.5K02/231.67 mi77, Dean Court, Bolton, Greater Manchester BL1 2SA2
£68.5K11/201.69 mi3, River View Court, Bolton, Greater Manchester BL2 2GY2
£80K02/211.69 mi32, Dean Court, Bolton, Greater Manchester BL1 2RY2
£68K12/201.69 mi10, Dean Court, Bolton, Greater Manchester BL1 2RY2
£105K03/231.73 mi17, Everside Close, Worsley, Manchester, Greater Manchester M28 3EY2
£78K04/211.73 mi34, Everside Close, Worsley, Manchester, Greater Manchester M28 3EY2
£96K07/231.73 mi2, Lentworth Drive, Worsley, Manchester, Greater Manchester M28 3EX2
£120K12/201.73 mi74, Lentworth Drive, Worsley, Manchester, Greater Manchester M28 3EX2
£100K05/211.73 mi18, Lentworth Drive, Worsley, Manchester, Greater Manchester M28 3EX2

Local Rents

25 rents from £700/mo to £1.2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£87503/250.17 mi-2
£85001/250.22 mi-2
£79508/240.23 mi-2
£82504/250.26 mi-2
£85012/240.31 miWoodgate Street, Bolton2
£70012/230.34 mi-2
£85002/250.34 mi-2
£1,20012/240.35 mi-2
£1,00003/250.35 mi-2
£85012/240.37 mi-2
£85012/240.37 mi-2
£70012/240.37 mi-2
£85011/240.37 mi-2
£85010/240.42 mi-2
£79502/240.43 mi-2
£79502/240.43 mi-2
£95004/250.43 mi-2
£85004/250.44 mi-2
£85003/250.46 mi-2
£85004/240.58 mi-2
£85004/240.58 miThorne Street, Bolton, BL42
£80012/240.59 mi-2
£75001/250.6 mi-2
£75002/250.6 mi-2
£92511/240.6 mi-2

Local Area Statistics

Population in BL3

63,785

Population in Bolton

217,471

Town centre distance

3.37 miles away

Nearest school

0.10 miles away

Nearest train station

0.52 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+0%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £85,000

March 13, 2025

Description

  • Ground floor apartment +
  • One allocated car parking space +
  • Two bedroom +
  • No chain +
  • Close to local amenities +
  • Easy access to transport links +
  • Gas central heating +

Northwood are pleased to present for sale this charming two-bedroom apartment in a desirable location, boasting an array of local amenities right on your doorstep. As you step inside this ground floor apartment, you'll be welcomed by a lovely reception room, perfect for those cosy evenings in or hosting friends and family. This is complemented by a fitted kitchen, offering everything you need to cook up a storm. With two well-sized bedrooms and a bathroom, this apartment offers plenty of space for everyone. The property is in good condition, meaning you can move in without the need for immediate renovations. One of the unique features of this property is the allocated car parking, a rare find in such a sought-after location. So, you can forget about the hassle of finding a parking spot after a long day at work! This property boasts an impressive EPC rating of B, indicating that it's energy efficient and could help to keep your utility bills low. Additionally, it falls under Council Tax Band A, making it an affordable choice for your next home. This apartment is excellently located, with public transport links, nearby schools and local amenities within easy reach. Don't miss out on this rare opportunity to own such a delightful apartment! EPC rating: B. Tenure: Leasehold,

Agent Details

Northwood, Bolton

01204 952663

Next Steps?

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