2 Bed Flat, Single Let, Bolton, BL6 4GH, £135,000

9 Academy Way, Lostock, Bolton, BL6 4GH - 1 views - 21 days ago

Leasehold
BTL
ROI: 5%
60 m²
+9 photos

ValuationOvervalued

Sold Prices£50K - £180K
Sold Prices/m²£962/m² - £3.5K/m²

 

 

Square Metres

60 m²
Price/m²£2.3K/m²

Value Estimate

£110,811

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£7,950

Total Cash In

£41,700

 

 

Cash Out

 

Rent Range

£725 - £1,150

Rent Estimate

£750

Running Costs/mo

£592

Cashflow/mo

£158

Cashflow/yr

£1,898

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £50K to £180K, average is £118.5K. £962/m² to £3.5K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£111K06/210.04 mi137, Lostock Lane, Lostock, Bolton, Greater Manchester BL6 4GG2
£132.5K09/220.08 mi129, Lostock Lane, Lostock, Bolton, Greater Manchester BL6 4GG2
£120K09/210.5 mi57, Holmebrook Drive, Horwich, Bolton, Greater Manchester BL6 6RH2
£125K10/220.5 mi55, Holmebrook Drive, Horwich, Bolton, Greater Manchester BL6 6RH2
£116.3K05/220.61 mi111, Lostock Lane, Lostock, Bolton, Greater Manchester BL6 4GG2
£62K06/210.62 mi16a, Ainsworth Avenue, Horwich, Bolton, Greater Manchester BL6 6LZ2
£135K06/220.66 mi5, Lowerbrook Close, Horwich, Bolton, Greater Manchester BL6 6SS2
£83K10/220.76 mi5, Mulberry Court, Horwich, Bolton, Greater Manchester BL6 6DX2
£75K05/230.76 mi3, Mulberry Court, Horwich, Bolton, Greater Manchester BL6 6DX2
£73K06/230.76 mi12, Mulberry Court, Horwich, Bolton, Greater Manchester BL6 6DX2
£96K11/200.77 mi17, Napier Drive, Horwich, Bolton, Greater Manchester BL6 6FZ2
£98K09/220.81 mi22, Dale Street West, Horwich, Bolton, Greater Manchester BL6 6JU2
£172K10/221.19 miFlat 6, Whinslee Court, Whinslee Drive, Lostock, Bolton, Greater Manchester BL6 4NB2
£118K02/211.45 mi3, Marchwood Close, Blackrod, Bolton, Greater Manchester BL6 5GG2
£135K09/231.45 mi5, Marchwood Close, Blackrod, Bolton, Greater Manchester BL6 5GG2
£126.5K07/211.46 mi65, Heaton Road, Lostock, Bolton, Greater Manchester BL6 4EF2
£132.5K10/221.48 mi35, Kiers Court, Horwich, Bolton, Greater Manchester BL6 6TN2
£161K01/231.48 mi23, Kiers Court, Horwich, Bolton, Greater Manchester BL6 6TN2
£135K12/231.48 mi16, Kiers Court, Horwich, Bolton, Greater Manchester BL6 6TN2
£110K07/221.48 mi22, Kiers Court, Horwich, Bolton, Greater Manchester BL6 6TN2
£140K02/231.48 mi36, Kiers Court, Horwich, Bolton, Greater Manchester BL6 6TN2
£175K09/231.52 mi1, Bentley Brook Close, Horwich, Bolton, Greater Manchester BL6 6TR2
£180K04/211.54 mi38, Wallsuches, Horwich, Bolton, Greater Manchester BL6 6TT2
£95.1K07/221.55 mi4 Anderby Place, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3BT2
£92K10/221.56 mi2 Anderby Place, Church Street, Westhoughton, Bolton, Greater Manchester BL5 3BT2
£120K03/211.57 mi94, Middlebrook Drive, Lostock, Bolton, Greater Manchester BL6 4RJ2
£140K12/221.65 mi18, Netherwood Way, Westhoughton, Bolton, Greater Manchester BL5 3ZG2
£130.2K12/221.65 mi58, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR2
£50K03/211.65 mi32, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR2
£115K04/211.65 mi68, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR2
£130K06/231.65 mi66, Madison Gardens, Westhoughton, Bolton, Greater Manchester BL5 3XR2
£98K12/201.68 mi20, Hatherlow Court, Westhoughton, Bolton, Greater Manchester BL5 3ZF2
£117.5K02/211.69 mi8, Hatherlow Court, Westhoughton, Bolton, Greater Manchester BL5 3ZF2
£99K04/211.69 mi23, Hatherlow Court, Westhoughton, Bolton, Greater Manchester BL5 3ZF2
£85K09/221.71 mi63, Cooper Street, Horwich, Bolton, Greater Manchester BL6 7AT2
£76.5K12/201.72 mi43, Cooper Street, Horwich, Bolton, Greater Manchester BL6 7AT2
£89K03/241.72 mi35, Cooper Street, Horwich, Bolton, Greater Manchester BL6 7AT2
£76K04/211.72 mi51, Cooper Street, Horwich, Bolton, Greater Manchester BL6 7AT2
£84K07/211.72 mi50, Cooper Street, Horwich, Bolton, Greater Manchester BL6 7AT2
£125K11/221.72 mi19, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ2
£119K07/211.72 mi11, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ2
£122K12/221.72 mi14, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ2
£119.5K03/231.72 mi3, Browsholme Court, Westhoughton, Bolton, Greater Manchester BL5 3ZQ2
£112.5K08/211.73 mi33, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£122K09/221.73 mi22, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£128K07/221.73 mi45, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£120K01/231.73 mi32, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£130K12/221.73 mi46, Kirkhill Grange, Westhoughton, Bolton, Greater Manchester BL5 3ZE2
£105K04/211.73 mi24, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2
£101K03/211.73 mi43, Cravenwood Rise, Westhoughton, Bolton, Greater Manchester BL5 3ZR2

Local Rents

17 rents from £725/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85002/250.04 mi-2
£72512/240.32 mi Lostock Court, Lostock Lane, Bolton, Lancashire. 2
£94904/250.51 mi-2
£90012/240.52 miSpringburn Close, Horwich, Bolton, BL6 6SR2
£99501/250.53 mi-2
£1,15012/240.54 miSwallowfields, Chorley New Road, Horwich, Bolton, BL6 6HN2
£1,15012/240.54 miSwallowfields, Chorley New Road, Horwich, Bolton, BL6 6HN2
£80012/240.65 mi-2
£85004/250.65 mi-2
£72512/240.77 miNapier Drive, Horwich2
£82503/250.79 mi-2
£80012/240.81 mi-2
£85001/250.86 mi-2
£75012/240.89 mi-2
£80002/251.07 mi-2
£85002/251.23 mi-2
£89512/241.24 mi-2

Local Area Statistics

Population in BL6

29,345

Population in Bolton

217,471

Town centre distance

2.15 miles away

Nearest school

0.50 miles away

Nearest train station

0.59 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-28%

Sales demand

Balanced market

Capital growth (5yrs)

+42%

Property History

Listed for £135,000

March 20, 2025

Floor Plans

Description

  • 2 Double Bedrooms +
  • Superb Living Kitchen Diner +
  • En Suite and Balcony to Master +
  • Balcony to Lounge +
  • Allocated Parking Space +
  • Close to M61 & Rail Links for Commuting +
  • EPC Rating B +
  • Council Tax Band B +

Situated on the second floor, this two double bedroom apartment is in a very popular residential location ideally located for access to M61 and rail links making commuting to Manchester or Preston easily accessible. The property comprises:- Entrance hall, open plan lounge, kitchen diner fitted with a range of black gloss units with built in and integrated appliances, useful balcony, two generous double bedrooms the master having an en-suite shower room and further balcony. family bathroom fitted with a three piece suite. Dedicated parking space to the outside and maintained green spaces. Benefitting from double glazing, gas central heating. Viewing is highly recommended to appreciate condition, location and all this apartment has to offer.

Entrance Hall - Entrance door, door to:

Cupboard -

Living/Kitchen/Diner - 6.08m x 4.64m (19'11" x 15'3") - Fitted with a matching range of modern black base and eye level units with complementary round edged worktops, 1+1/2 bowl stainless steel sink unit with single drainer and mixer tap with tiled splashbacks, integrated fridge, freeze, dishwasher and washing machine, built-in electric fan assisted oven, four ring hob with extractor hood over, two uPVC double glazed windows to rear, two radiators, wall mounted concealed gas combination boiler serving heating system and domestic hot water, uPVC double glazed door to balcony,

Balcony - 1.25m x 3.05m (4'1" x 10'0") -

Bedroom 1 - 4.20m x 4.63m (13'9" x 15'2") - Radiator, uPVC double glazed door to balcony, door to:

Balcony - 0.98m x 2.95m (3'3" x 9'8") - UPVC frosted double glazed window to side.

En-Suite - Fitted with three piece white suite comprising pedestal wash hand basin with mixer tap and tiled splashback, tiled shower enclosure and low-level WC, extractor fan, double radiator, vinyl flooring.

Bedroom 2 - 2.84m x 2.65m (9'4" x 8'8") - UPVC double glazed window to rear, radiator.

Bathroom - Fitted with three piece modern white suite comprising deep panelled bath with mixer tap, pedestal wash hand basin with mixer tap and tiled splashback and low-level WC, ceramic tiling to three walls, extractor fan, uPVC frosted double glazed window to front, radiator, vinyl flooring.

Outside - Allocated parking in communal car park, bin storage area, communal gardens.

Agent Details

Redman Casey, Horwich

01204 326903

Next Steps?

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