2 Bed Flat, Single Let, Bolton, BL6 5GX, £119,950

19 Angelbank, Bolton, Greater Manchester, BL6 5GX - 3 views - a year ago

Leasehold
BTL
ROI: 6%
58 m²
+9 photos

ValuationOvervalued

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

 

 

Square Metres

58 m²
Price/m²£2.1K/m²

Value Estimate

£107,158

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£29,988

Stamp Duty & Legal Fees

£4,799

Total Cash In

£34,786

 

 

Cash Out

 

Rent Range

£550 - £995

Rent Estimate

£725

Running Costs/mo

£540

Cashflow/mo

£185

Cashflow/yr

£2,222

ROI

6%

Gross Yield

7%

Local Sold Prices

38 sold prices from £62K to £180K, average is £110K. £1.1K/m² to £3.5K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£105K10/210.02 mi3, Angelbank, Horwich, Bolton, Greater Manchester BL6 5GX2
£100K12/200.02 mi11, Angelbank, Horwich, Bolton, Greater Manchester BL6 5GX2
£100.5K08/210.02 mi19, Angelbank, Horwich, Bolton, Greater Manchester BL6 5GX2
£148K03/230.25 mi219, Crown Lane, Horwich, Bolton, Greater Manchester BL6 7QR2
£110K06/220.29 mi37, Owsten Court, Horwich, Bolton, Lancashire BL6 5HL2
£105K01/230.29 mi40, Owsten Court, Horwich, Bolton, Lancashire BL6 5HL2
£110K08/220.71 mi9, Greenbarn Way, Blackrod, Bolton, Greater Manchester BL6 5TA2
£127.5K06/230.71 mi15, Greenbarn Way, Blackrod, Bolton, Greater Manchester BL6 5TA2
£125K02/240.72 mi16, Corston Grove, Blackrod, Bolton, Greater Manchester BL6 5TB2
£119K11/200.73 mi23, Widford Walk, Blackrod, Bolton, Greater Manchester BL6 5TD2
£76.5K12/200.83 mi43, Cooper Street, Horwich, Bolton, Greater Manchester BL6 7AT2
£89K03/240.83 mi35, Cooper Street, Horwich, Bolton, Greater Manchester BL6 7AT2
£76K04/210.83 mi51, Cooper Street, Horwich, Bolton, Greater Manchester BL6 7AT2
£84K07/210.83 mi50, Cooper Street, Horwich, Bolton, Greater Manchester BL6 7AT2
£85K09/220.86 mi63, Cooper Street, Horwich, Bolton, Greater Manchester BL6 7AT2
£118K02/211.11 mi3, Marchwood Close, Blackrod, Bolton, Greater Manchester BL6 5GG2
£135K09/231.12 mi5, Marchwood Close, Blackrod, Bolton, Greater Manchester BL6 5GG2
£96K11/201.14 mi17, Napier Drive, Horwich, Bolton, Greater Manchester BL6 6FZ2
£135K06/221.16 mi5, Lowerbrook Close, Horwich, Bolton, Greater Manchester BL6 6SS2
£98K09/221.16 mi22, Dale Street West, Horwich, Bolton, Greater Manchester BL6 6JU2
£83K10/221.21 mi5, Mulberry Court, Horwich, Bolton, Greater Manchester BL6 6DX2
£75K05/231.21 mi3, Mulberry Court, Horwich, Bolton, Greater Manchester BL6 6DX2
£73K06/231.21 mi12, Mulberry Court, Horwich, Bolton, Greater Manchester BL6 6DX2
£120K09/211.32 mi57, Holmebrook Drive, Horwich, Bolton, Greater Manchester BL6 6RH2
£125K10/221.32 mi55, Holmebrook Drive, Horwich, Bolton, Greater Manchester BL6 6RH2
£62K06/211.44 mi16a, Ainsworth Avenue, Horwich, Bolton, Greater Manchester BL6 6LZ2
£132.5K10/221.63 mi35, Kiers Court, Horwich, Bolton, Greater Manchester BL6 6TN2
£161K01/231.63 mi23, Kiers Court, Horwich, Bolton, Greater Manchester BL6 6TN2
£135K12/231.63 mi16, Kiers Court, Horwich, Bolton, Greater Manchester BL6 6TN2
£110K07/221.63 mi22, Kiers Court, Horwich, Bolton, Greater Manchester BL6 6TN2
£140K02/231.63 mi36, Kiers Court, Horwich, Bolton, Greater Manchester BL6 6TN2
£180K04/211.64 mi38, Wallsuches, Horwich, Bolton, Greater Manchester BL6 6TT2
£175K09/231.64 mi1, Bentley Brook Close, Horwich, Bolton, Greater Manchester BL6 6TR2
£132.5K09/221.73 mi129, Lostock Lane, Lostock, Bolton, Greater Manchester BL6 4GG2
£111K06/211.74 mi137, Lostock Lane, Lostock, Bolton, Greater Manchester BL6 4GG2
£110K09/231.86 mi3, Pear Tree Court, Aspull, Wigan, Greater Manchester WN2 1RH2
£105K04/211.87 mi29, Pear Tree Court, Aspull, Wigan, Greater Manchester WN2 1RH2
£108K01/231.87 mi1, Pear Tree Court, Aspull, Wigan, Greater Manchester WN2 1RH2

Local Rents

10 rents from £550/mo to £995/mo, average is £773/mo.

RentDateDistanceAddressBeds 
£99503/250.02 mi-2
£75012/240.2 miThe Horizons, Moss Lane, Blackrod, Bolton, BL6 5GH2
£87012/240.2 miThe Horizons, Moss Lane, Blackrod, BL6 5GH, Bolton2
£75012/240.21 mi25 The Horizons, Moss Lane, Blackrod, BL6 5GH, Bolton2
£82512/240.25 mi-2
£75012/240.26 miHazel Pear Close, Horwich2
£79512/240.3 mi-2
£55012/240.35 mi-2
£82512/240.61 mi-2
£75002/250.61 mi-2

Local Area Statistics

Population in BL6

29,345

Population in Bolton

217,471

Town centre distance

3.51 miles away

Nearest school

0.30 miles away

Nearest train station

0.36 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-28%

Sales demand

Balanced market

Capital growth (5yrs)

+42%

Property History

Listed for £119,950

March 5, 2024

Sold for £100,500

2021

Sold for £92,000

2015

Sold for £72,500

2014

Sold for £98,000

2009

Sold for £105,500

2004

Floor Plans

Description

  • Two Bedroom +
  • Central Heating +
  • Double Glazing +
  • 1st Floor +
  • EPC Rating C +
  • Council Tax Band B +

Two bedroom apartment located on a modern and very desirable development. Close to local shops, schools, amenities, rail and motorway links and very close to Rivington Country Park. The property comprises:- Entrance Hall, lounge diner, kitchen. Two bedrooms and a family bathroom. This spacious apartment benefits from double glazing, gas central heating and is currently let on a AST at £725 PCM. But can be sold with vacant possession The service charge is £108 per calendar month.
This charming modern apartment is recommended for viewing to appreciate both the location and condition. NO PETS ALLOWED

Entrance Hall - Radiator, door to:

Lounge - 4.42m x 3.25m (14'6" x 10'8") - UPVC double glazed window to front, double radiator, two wall lights, coving to ceiling, open plan to:

Dining Area - 2.35m x 2.76m (7'9" x 9'1") - UPVC double glazed window to front, double radiator, open plan to:

Kitchen - 2.64m x 2.09m (8'8" x 6'10") - Fitted with a matching range of light oak fronted base and eye level units with contrasting worktop space over, wine rack, stainless steel sink unit with single drainer and mixer tap with stainless steel mixer tap and tiled splashbacks, wall mounted concealed gas combination boiler serving heating system and domestic hot water, plumbing for washing machine, space for fridge/freezer, built-in electric fan assisted oven, built-in gas hob with extractor hood over, uPVC double glazed window to rear.

Bedroom 1 - 3.52m x 3.53m (11'7" x 11'7") - UPVC double glazed window to front, fitted bedroom suite with a range of wardrobes comprising four fitted double wardrobes with hanging rails, shelving, overhead storage and cupboards, fitted matching dressing table, vanity mirror, bedside cabinets and drawers, radiator, door to:

Bedroom 2 - 2.64m x 2.81m (8'8" x 9'3") - Window to rear, fitted bedroom suite with a range of wardrobes comprising two fitted double wardrobes with hanging rails, shelving, overhead storage and cupboards, fitted dressing table and drawers, radiator.

Bathroom - Four piece modern white suite comprising deep panelled bath, pedestal wash hand basin, tiled shower cubicle with power shower over and low-level WC, half height ceramic to all walls, heated towel rail, extractor fan, uPVC frosted double glazed window to front, ceramic tiled flooring, door to:

Agent Details

Redman Casey, Horwich

01204 326903

Next Steps?

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