2 Bed Flat, Single Let, Bolton, BL6 6FY, £120,000

37 Abernethy Court, Horwich, Bolton, Greater Manchester, BL6 6FY - 2 views - 16 days ago

Leasehold
BTL
ROI: 9%
50 m²
+5 photos

ValuationOvervalued

Sold Prices£62K - £180K
Sold Prices/m²£1.1K/m² - £3.5K/m²

 

 

Square Metres

50 m²
Price/m²£2.4K/m²

Value Estimate

£89,516

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£575 - £1,150

Rent Estimate

£850

Running Costs/mo

£565

Cashflow/mo

£285

Cashflow/yr

£3,420

ROI

9%

Gross Yield

9%

Local Sold Prices

24 sold prices from £62K to £180K, average is £110.5K. £1.1K/m² to £3.5K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£98K09/220.07 mi22, Dale Street West, Horwich, Bolton, Greater Manchester BL6 6JU2
£96K11/200.08 mi17, Napier Drive, Horwich, Bolton, Greater Manchester BL6 6FZ2
£83K10/220.12 mi5, Mulberry Court, Horwich, Bolton, Greater Manchester BL6 6DX2
£75K05/230.12 mi3, Mulberry Court, Horwich, Bolton, Greater Manchester BL6 6DX2
£73K06/230.12 mi12, Mulberry Court, Horwich, Bolton, Greater Manchester BL6 6DX2
£135K06/220.24 mi5, Lowerbrook Close, Horwich, Bolton, Greater Manchester BL6 6SS2
£62K06/210.34 mi16a, Ainsworth Avenue, Horwich, Bolton, Greater Manchester BL6 6LZ2
£120K09/210.35 mi57, Holmebrook Drive, Horwich, Bolton, Greater Manchester BL6 6RH2
£125K10/220.35 mi55, Holmebrook Drive, Horwich, Bolton, Greater Manchester BL6 6RH2
£132.5K09/220.78 mi129, Lostock Lane, Lostock, Bolton, Greater Manchester BL6 4GG2
£111K06/210.81 mi137, Lostock Lane, Lostock, Bolton, Greater Manchester BL6 4GG2
£85K09/220.86 mi63, Cooper Street, Horwich, Bolton, Greater Manchester BL6 7AT2
£76.5K12/200.87 mi43, Cooper Street, Horwich, Bolton, Greater Manchester BL6 7AT2
£89K03/240.87 mi35, Cooper Street, Horwich, Bolton, Greater Manchester BL6 7AT2
£76K04/210.87 mi51, Cooper Street, Horwich, Bolton, Greater Manchester BL6 7AT2
£84K07/210.87 mi50, Cooper Street, Horwich, Bolton, Greater Manchester BL6 7AT2
£132.5K10/220.88 mi35, Kiers Court, Horwich, Bolton, Greater Manchester BL6 6TN2
£161K01/230.88 mi23, Kiers Court, Horwich, Bolton, Greater Manchester BL6 6TN2
£135K12/230.88 mi16, Kiers Court, Horwich, Bolton, Greater Manchester BL6 6TN2
£110K07/220.88 mi22, Kiers Court, Horwich, Bolton, Greater Manchester BL6 6TN2
£140K02/230.88 mi36, Kiers Court, Horwich, Bolton, Greater Manchester BL6 6TN2
£175K09/230.91 mi1, Bentley Brook Close, Horwich, Bolton, Greater Manchester BL6 6TR2
£180K04/210.92 mi38, Wallsuches, Horwich, Bolton, Greater Manchester BL6 6TT2
£116.3K05/220.96 mi111, Lostock Lane, Lostock, Bolton, Greater Manchester BL6 4GG2

Local Rents

18 rents from £575/mo to £1.1K/mo, average is £838/mo.

RentDateDistanceAddressBeds 
£85001/250.01 mi-2
£75012/240.04 mi-2
£80012/240.07 mi-2
£82503/250.08 mi-2
£72512/240.08 miNapier Drive, Horwich2
£80012/240.26 mi-2
£85004/250.26 mi-2
£80002/250.26 mi-2
£99501/250.33 mi-2
£90012/240.34 miSpringburn Close, Horwich, Bolton, BL6 6SR2
£94904/250.35 mi-2
£1,15012/240.38 miSwallowfields, Chorley New Road, Horwich, Bolton, BL6 6HN2
£1,15012/240.38 miSwallowfields, Chorley New Road, Horwich, Bolton, BL6 6HN2
£85002/250.41 mi-2
£75012/240.44 miWatt Street, Bolton, BL62
£67501/250.45 mi-2
£89502/250.48 mi-2
£57512/240.48 miChorley New Road, Horwich2

Local Area Statistics

Population in BL6

29,345

Population in Bolton

217,471

Town centre distance

2.43 miles away

Nearest school

0.40 miles away

Nearest train station

0.88 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-28%

Sales demand

Balanced market

Capital growth (5yrs)

+42%

Property History

Listed for £120,000

March 25, 2025

Floor Plans

Description

  • Spacious First Floor Apartment +
  • Large Living Room +
  • Two Generous Double Bedrooms +
  • Fitted Kitchen +
  • Allocated Parking +
  • Excellent Access to M61 & Rail Links +
  • EPC Rating C +
  • Council Tax Band B +

No Chain If apartment living is for you then this is a great opportunity to purchase this excellent two bedroomed first floor apartment with en suite or suit a Buy to Let Investor with a potential rental income of £850 - 900pcm. Situated within easy reach of all local amenities, schools and motorway networks. The property offers superb accommodation comprising:- Communal entrance hall with intercom system, entrance hall, master bedroom with en suite shower room, a further double bedroom , fitted kitchen with built in appliances, main bathroom, spacious lounge. Sold with no chain and vacant possession. Viewing recommended.

Entrance Hall - Airing cupboard housing, factory lagged hot water cylinder, entrance door, door to:

Kitchen - 3.31m x 1.89m (10'10" x 6'2") - Fitted with a matching range of base and eye level units with worktop space over with drawers and cornice trims, 1+1/2 bowl stainless steel sink unit with single drainer and mixer tap with tiled splashbacks, integrated washer dryer, freestanding fridge/freezer, built-in electric fan assisted oven, four ring ceramic hob with extractor hood over, vinyl flooring.

Lounge - 4.63m x 4.33m (15'2" x 14'2") - Two radiators, uPVC double glazed french doors juliet balcony.

Bedroom 1 - 3.31m x 2.87m (10'10" x 9'5") - UPVC double glazed window to side, radiator, door to:

En-Suite - Fitted with three piece white suite with pedestal wash hand basin with mixer tap and tiled splashback, shower enclosure and low-level WC, extractor fan, wall mounted mirror, shaver point, radiator.

Bedroom 2 - 3.14m x 2.80m (10'4" x 9'2") - UPVC double glazed window to side, radiator.

Bathroom - fitted with a three piece white suite comprising panelled bath with shower over and mixer tap, low level wc and pedestal sink unit with tiled splashback Radiator.

Outside - Communal gardens and allocated parking space, communal bin store and cycle storage area, communal rotary airers.

Agent Details

Redman Casey, Horwich

01204 326903

Next Steps?

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