2 Bed Flat, Refurb/BRRR, Bolton, BL1 8NT, £70,000

Hill View Court, Astley Bridge, Bolton, BL1 8NT - 2 views - a month ago

Leasehold
Refurb/BRRR
ROI: 7%
~68 m²
+3 photos

ValuationFair Value

Sold Prices£57K - £200K
Sold Prices/m²£918/m² - £2.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1K/m²

Value Estimate

£70,000

 

 

End Value (After Refurb)

£113,518

Uplift in Value

+62%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Refurb Costs

£28,709

Bridging Loan Interest

£1,838

Total Cash In

£54,497

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£113,518

Mortgage (After Refinance)

£85,139

Mortgage LTV

75%

Cash Released

£32,639

Cash Left In

£21,858

Equity

£28,380

Rent Range

£650 - £1,050

Rent Estimate

£838

Running Costs/mo

£542

Cashflow/mo

£296

Cashflow/yr

£3,548

ROI

7%

Gross Yield

14%

Local Sold Prices

50 sold prices from £57K to £200K, average is £95.7K. £918/m² to £2.9K/m², average is £1.5K/m².

PriceDateDistanceAddressBeds 
£57K12/200.03 mi56, Hill View Court, Bolton, Greater Manchester BL1 8NU2
£75K06/210.3 mi21, Highgrove Close, Bolton, Greater Manchester BL1 8QE2
£160K01/230.46 miApartment 315, Holden Mill, Blackburn Road, Bolton, Greater Manchester BL1 7PN2
£150K02/230.46 miApartment 237, Holden Mill, Blackburn Road, Bolton, Greater Manchester BL1 7PN2
£145K11/230.46 miApartment 519, Holden Mill, Blackburn Road, Bolton, Greater Manchester BL1 7QJ2
£100K04/230.65 mi147, Astley Brook Close, Bolton, Greater Manchester BL1 8SP2
£90K09/210.65 mi175, Astley Brook Close, Bolton, Greater Manchester BL1 8SP2
£98.5K10/230.65 mi143, Astley Brook Close, Bolton, Greater Manchester BL1 8SP2
£160K05/230.66 mi37, Maplewood Gardens, Bolton, Greater Manchester BL1 3NR2
£105K11/220.74 mi20, Bellfield View, Bolton, Greater Manchester BL1 8UQ2
£74K03/210.79 mi7, Highcroft, Bolton, Greater Manchester BL1 8UX2
£70K09/210.86 mi23, Finsbury Court, Bolton, Greater Manchester BL1 8XP2
£115K02/211.03 mi109, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£185K07/221.03 mi201, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£175.5K08/221.03 mi116, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£145K08/211.03 mi203, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£115K02/211.03 mi109, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£180K12/201.03 mi6, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£138K02/211.03 mi126, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£145K10/231.03 mi304, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£151K11/221.04 mi126, Valley Mill, Bolton, Greater Manchester BL7 9DY2
£80K02/211.04 mi19, Spencers Wood, Bromley Cross, Bolton, Greater Manchester BL7 9BX2
£94.3K03/231.04 mi25, Spencers Wood, Bromley Cross, Bolton, Greater Manchester BL7 9BX2
£80K10/201.04 mi14, Spencers Wood, Bromley Cross, Bolton, Greater Manchester BL7 9BX2
£115K06/211.06 mi5, Millbank Gardens, Bolton, Greater Manchester BL1 6DP2
£180K12/211.06 miApartment 12, The School House, School Street, Bromley Cross, Bolton, Greater Manchester BL7 9DS2
£182K08/231.06 miApartment 8, The School House, School Street, Bromley Cross, Bolton, Greater Manchester BL7 9DS2
£200K02/231.07 miApartment 12, The School House, School Street, Bromley Cross, Bolton, Greater Manchester BL7 9DS2
£68K12/201.2 mi10, Dean Court, Bolton, Greater Manchester BL1 2RY2
£80K02/211.2 mi32, Dean Court, Bolton, Greater Manchester BL1 2RY2
£129.9K05/221.21 mi6, Rushey Field, Bromley Cross, Bolton, Greater Manchester BL7 9HQ2
£92.5K02/231.22 mi77, Dean Court, Bolton, Greater Manchester BL1 2SA2
£77K06/231.23 mi53, Dean Court, Bolton, Greater Manchester BL1 2SA2
£67K03/211.23 mi63, Dean Court, Bolton, Greater Manchester BL1 2SA2
£100K12/221.32 mi82, Royal Court Drive, Bolton, Greater Manchester BL1 4AZ2
£82.5K05/211.32 mi9, Royal Court Drive, Bolton, Greater Manchester BL1 4AZ2
£90K05/231.32 mi93, Royal Court Drive, Bolton, Greater Manchester BL1 4AZ2
£68.5K11/201.36 mi3, River View Court, Bolton, Greater Manchester BL2 2GY2
£97K11/221.43 mi132, Lords Stile Lane, Bromley Cross, Bolton, Greater Manchester BL7 9JZ2
£135K01/231.49 mi35, Clarendon Gardens, Bromley Cross, Bolton, Greater Manchester BL7 9GW2
£82.5K06/211.62 mi140, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£82K04/211.62 mi142, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£82.5K06/211.62 mi140, Jethro Street, Bolton, Greater Manchester BL2 2PL2
£105K05/221.63 mi32, Kelstern Close, Bolton, Greater Manchester BL2 2PG2
£88.5K03/211.66 mi10, Thomasson Court, Bolton, Greater Manchester BL1 4QQ2
£84.5K11/201.66 mi23, Thomasson Court, Bolton, Greater Manchester BL1 4QQ2
£87.5K07/211.66 mi28, Thomasson Court, Bolton, Greater Manchester BL1 4QQ2
£88.5K03/211.66 mi10, Thomasson Court, Bolton, Greater Manchester BL1 4QQ2
£87.5K07/211.66 mi28, Thomasson Court, Bolton, Greater Manchester BL1 4QQ2
£76K12/221.66 miFlat 17, The Old School Rooms, Great Moor Street, Bolton, Greater Manchester BL1 1NR2

Local Rents

34 rents from £650/mo to £1.1K/mo, average is £848/mo.

RentDateDistanceAddressBeds 
£87504/250.11 mi-2
£80003/240.13 miBirley Street, Bolton, Greater Manchester, BL1 8PH2
£72503/240.14 miHolland Street, Bolton, BL12
£80003/240.19 mi143 Holland Street, Bolton, BL1 8NX2
£79503/240.25 miLinwood House, Seymour Road, Astley Bridge, Bolton, BL12
£79503/240.27 miKimberley Road, Astley Bridge, Bolton, BL12
£99503/240.3 mi-2
£75004/240.34 miDouglas Street, Astley Bridge, Bolton2
£85003/240.36 miBowling Court, Bolton, BL12
£85004/250.37 mi-2
£87502/240.37 mi-2
£79502/250.37 mi-2
£87501/240.41 mi-2
£89504/240.41 miBlackburn Road, BOLTON, BL12
£65004/240.46 miBride Street, Bolton2
£89501/250.47 mi-2
£78005/240.48 mi-2
£77503/240.48 mi-2
£90004/250.52 mi-2
£80004/250.54 mi-2
£89512/230.55 mi-2
£89512/230.55 mi-2
£1,00002/250.55 mi-2
£1,05001/250.56 mi-2
£82503/240.57 miHalliwell Road,Bolton,BL12
£85002/240.58 mi-2
£85004/240.58 miSt. Pauls Place, Hallliwell, Bolton2
£80003/240.58 miHalliwell Road, Bolton, BL12
£84512/240.59 mi-2
£87003/250.59 mi-2
£75003/240.59 miWaterside Gardens, Bolton2
£82504/240.6 miWaterside Gardens, Bolton2
£75004/240.6 miSt Thomas Street, Bolton2
£85004/250.61 mi-2

Local Area Statistics

Population in BL1

63,206

Population in Bolton

217,471

Town centre distance

1.82 miles away

Nearest school

0.20 miles away

Nearest train station

0.94 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-3%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Listed for £70,000

March 28, 2025

Floor Plans

Description

  • No onward chain +
  • Ground floor apartment +
  • Two bedrooms +
  • Four piece bathroom +
  • Lounge/diner +
  • Short walk to local shops and cafes +
  • Popular location +
  • Well kept communal gardens +

Offered for sale with NO ONWARD CHAIN is this ground floor apartment located within Astley Bridge in Bolton. The property sits within well kept communal gardens and is located close to many local amenities with Asda just a short walk away and close to commuter routes. Internally the property does require some modernisation and comprises an entrance hallway, lounge/diner, kitchen, two bedrooms and a four piece bathroom. The property is double glazed and warmed by electric storage heaters. Externally there are well kept communal gardens and parking. For further information and to arrange a viewing contact Cardwells Estate Agents Bolton Email or visit

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 💪