3 Bed Terraced House, Single Let, Bolton, BL3 5RQ, £100,000

Melbourne Road, Bolton, Greater Manchester, BL3 5RQ - 23 days ago

Leasehold
Auction
BTL
ROI: 14%
~75 m²
+3 photos

ValuationUndervalued

Sold Prices£56.8K - £270K
Sold Prices/m²£890/m² - £2.7K/m²

 

 

Square Metres

~74.60 m²
Price/m²£1.3K/m²

Value Estimate

£122,624
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Total Cash In

£31,200

 

 

Cash Out

 

Rent Range

£800 - £2,250

Rent Estimate

£869

Running Costs/mo

£506

Cashflow/mo

£363

Cashflow/yr

£4,352

ROI

14%

Gross Yield

10%

Local Sold Prices

50 sold prices from £56.8K to £270K, average is £138.5K. £890/m² to £2.7K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£131.5K07/210.05 mi195, Willows Lane, Bolton, Greater Manchester BL3 4AZ3
£125K04/230.06 mi41, Park View Road, Bolton, Greater Manchester BL3 4BE3
£110K10/210.12 mi31, Kylemore Avenue, Bolton, Greater Manchester BL3 5RD3
£110K01/230.13 mi1, Chestnut Close, Bolton, Greater Manchester BL3 4DR3
£104K11/210.15 mi6, St Ethelberts Avenue, Bolton, Greater Manchester BL3 5RH3
£190K02/210.15 mi4, Sunadale Close, Bolton, Greater Manchester BL3 5RS3
£150K01/230.16 mi223, Willows Lane, Bolton, Greater Manchester BL3 4HE3
£150K12/200.17 mi82, Melbourne Road, Bolton, Greater Manchester BL3 5RW3
£165K06/230.17 mi70, Melbourne Road, Bolton, Greater Manchester BL3 5RW3
£199.9K03/210.17 mi12, St Ethelberts Avenue, Bolton, Greater Manchester BL3 5RH3
£180K05/230.19 mi11, Hawthorne Road, Bolton, Greater Manchester BL3 5RE3
£110K01/210.19 mi17, Clunton Avenue, Bolton, Greater Manchester BL3 4HD3
£143K04/230.2 mi34a, Cambria Street, Bolton, Greater Manchester BL3 4DE3
£250K08/210.2 mi45, Wigan Road, Bolton, Greater Manchester BL3 5QH3
£270K01/230.2 mi63, Wigan Road, Bolton, Greater Manchester BL3 5QH3
£119.8K11/210.21 mi289, Willows Lane, Bolton, Greater Manchester BL3 4HH3
£105K05/210.21 mi37, Mercia Street, Bolton, Greater Manchester BL3 4BZ3
£130K06/210.22 mi185, Deane Church Lane, Bolton, Greater Manchester BL3 4EN3
£165K06/230.24 mi10, Greenhill Avenue, Bolton, Greater Manchester BL3 4HB3
£137K10/210.24 mi129, Deane Church Lane, Bolton, Greater Manchester BL3 4EQ3
£82K03/230.26 mi21, Minnie Street, Bolton, Greater Manchester BL3 4EF3
£65K10/210.26 mi63, Bankfield Street, Bolton, Greater Manchester BL3 5NA3
£94K03/230.28 mi8, Lenora Street, Bolton, Greater Manchester BL3 4EZ3
£120K03/210.29 mi356, Deane Church Lane, Bolton, Greater Manchester BL3 4EU3
£100K05/210.29 mi300, Deane Church Lane, Bolton, Greater Manchester BL3 4EU3
£131K10/210.31 mi6, Beresford Avenue, Bolton, Greater Manchester BL3 5QD3
£135K03/210.33 mi51, Bankfield Street, Bolton, Greater Manchester BL3 5ND3
£168.7K11/220.34 mi12, Whiteland Avenue, Bolton, Greater Manchester BL3 5QB3
£167.5K02/210.39 mi11, Frinton Road, Bolton, Greater Manchester BL3 3TQ3
£210.5K12/220.39 mi4, Broxton Avenue, Bolton, Greater Manchester BL3 3TG3
£160K05/230.41 mi390, Derby Street, Bolton, Greater Manchester BL3 6LS3
£170K04/230.41 mi23, Woodbine Road, Bolton, Greater Manchester BL3 3JH3
£147.5K06/210.43 mi187, Ellesmere Road, Bolton, Greater Manchester BL3 3JN3
£110K06/210.43 mi50, Hulton Lane, Bolton, Greater Manchester BL3 4JB3
£56.8K03/230.43 mi42, Hulton Lane, Bolton, Greater Manchester BL3 4JB3
£112.1K12/220.44 mi2, Lindrick Terrace, Bolton, Greater Manchester BL3 5ET3
£173K08/210.44 mi5, Edge Hill Road, Bolton, Greater Manchester BL3 3TF3
£141K06/210.45 mi308, Deane Road, Bolton, Greater Manchester BL3 5HH3
£160K09/210.45 mi88, Hulton Lane, Bolton, Greater Manchester BL3 4JD3
£97K08/230.45 mi122, Hulton Lane, Bolton, Greater Manchester BL3 4JD3
£125K04/230.46 mi43, Sloane Street, Bolton, Greater Manchester BL3 3LT3
£179K08/210.48 mi10, Vigo Avenue, Bolton, Greater Manchester BL3 3TE3
£121K04/210.48 mi16, Peveril Street, Bolton, Greater Manchester BL3 3LR3
£155K02/210.48 mi9, Harbury Close, Bolton, Greater Manchester BL3 4JY3
£106K02/210.51 mi90, Longfield Road, Bolton, Greater Manchester BL3 3SZ3
£250K11/220.51 mi21, Mars Avenue, Bolton, Greater Manchester BL3 3JW3
£155K06/210.52 mi414, St Helens Road, Bolton, Greater Manchester BL3 3RR3
£100K03/210.53 mi12, Platt Hill Avenue, Bolton, Greater Manchester BL3 4JR3
£140K01/210.54 mi42, Haynes Street, Bolton, Greater Manchester BL3 3LW3
£150K01/210.57 mi3, Girvan Close, Bolton, Greater Manchester BL3 3JS3

Local Rents

14 rents from £800/mo to £2.3K/mo, average is £998/mo.

RentDateDistanceAddressBeds 
£85012/240.06 mi-3
£95003/250.07 mi-3
£1,35001/250.18 mi-3
£80003/250.21 mi-3
£90001/250.32 mi-3
£99512/240.79 mi-3
£1,30012/240.95 miFenton Way, Bolton, BL33
£1,00008/240.99 mi-3
£99503/241.01 mi29 Harrow Street, Bolton, BL1 4NH3
£1,35002/251.04 mi-3
£2,25003/241.08 mi-3
£88011/241.17 mi-3
£1,00004/241.18 miMarsden House, Marsden Road, Bolton3
£1,15004/241.21 miDorrian Mews, Heaton3

Local Area Statistics

Population in BL3

63,785

Population in Bolton

217,471

Town centre distance

1.88 miles away

Nearest school

0.10 miles away

Nearest train station

1.29 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+0%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £100,000

March 19, 2025

Floor Plans

Description

  • Being sold via secure sale online bidding. Terms and conditions apply. +
  • Location offers convenient access to local amenities +
  • Three bedrooms +
  • Spacious layout +
  • Small garden area to the front and an enclosed yard to the rear +
  • Limited Lending Pool +

Unique opportunity for buyers seeking a property with potential. This three-bedroom mid-terrace home is being offered at auction, making it an ideal project for those looking to create their dream home or secure a rewarding investment.

With a spacious layout that includes an entrance vestibule, living room, and kitchen-diner on the ground floor, as well as three bedrooms and a bathroom on the first floor, this home offers plenty of scope for customization.

Outside, the property features a small garden area to the front and an enclosed yard to the rear, perfect for creating a private outdoor retreat. Situated in the Deane area of Bolton, the location offers convenient access to local amenities, transport links, and the town center, making it a practical choice for families or professionals.

Year built - approximately 1900/1905

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 875
Ground Rent Review Period: £1 per year, 2025 covered

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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