3 Bed Semi-Detached House, Refurb/BRRR, Bolton, BL3 3SN, £175,000

AUCTION - Longfield Road, Bolton, BL3 3SN - 2 views - 10 months ago

Sold STC
Leasehold
Auction
Refurb/BRRR
~117 m²
+14 photos

ValuationUndervalued

Sold Prices£105K - £315K
Sold Prices/m²£1.1K/m² - £3.8K/m²

 

 

Square Metres

~117.34 m²
Price/m²£1.5K/m²

Value Estimate

£180,250
BMV3%

 

 

End Value (After Refurb)

£269,447

Uplift in Value

+54%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Refurb Costs

£49,616

Bridging Loan Interest

£4,594

Total Cash In

£106,160

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£269,447

Agent Fees (1%)

£2,694

Bridging Loan

£131,250

Bridging Loan Interest

£4,594

Flip Profit

£29,343

Local Sold Prices

50 sold prices from £105K to £315K, average is £171.8K. £1.1K/m² to £3.8K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£118K01/210.02 mi196, Longfield Road, Bolton, Greater Manchester BL3 3SN3
£170K11/220.04 mi15, Wyndham Avenue, Bolton, Greater Manchester BL3 4LQ3
£160K07/230.05 mi355, Hulton Lane, Bolton, Greater Manchester BL3 4LH3
£160K01/230.09 mi15, Brampton Road, Bolton, Greater Manchester BL3 3SX3
£135K02/210.09 mi59, Everbrom Road, Bolton, Greater Manchester BL3 4LD3
£153K12/200.11 mi15, Calverleigh Close, Bolton, Greater Manchester BL3 4LP3
£206K03/210.13 mi340, Hulton Lane, Bolton, Greater Manchester BL3 4LA3
£125K02/210.14 mi313, Hulton Lane, Bolton, Greater Manchester BL3 4LF3
£127K02/210.14 mi393, St Helens Road, Bolton, Greater Manchester BL3 3RT3
£240K11/200.16 mi19, Moorlands View, Bolton, Greater Manchester BL3 3TN3
£315K06/230.16 mi12, Moorlands View, Bolton, Greater Manchester BL3 3TN3
£178K12/220.16 mi22, Heathfield Drive, Bolton, Greater Manchester BL3 3RN3
£265K09/210.18 mi24, Westfield Road, Bolton, Greater Manchester BL3 3TJ3
£289.7K12/220.18 mi20, Westfield Road, Bolton, Greater Manchester BL3 3TJ3
£227K11/220.18 mi15, Canmore Close, Bolton, Greater Manchester BL3 4TN3
£168K10/210.19 mi4, Heathfield Drive, Bolton, Greater Manchester BL3 3RN3
£110K12/200.19 mi679, St Helens Road, Bolton, Greater Manchester BL3 3SQ3
£140K04/210.19 mi665, St Helens Road, Bolton, Greater Manchester BL3 3SQ3
£168K12/200.2 mi19, Canmore Close, Bolton, Greater Manchester BL3 4TN3
£165K10/210.2 mi31, Windyhill Drive, Bolton, Greater Manchester BL3 4TH3
£245K01/230.21 mi4, Westfield Road, Bolton, Greater Manchester BL3 3TJ3
£157.5K05/210.21 mi4, Catherine Street, Bolton, Greater Manchester BL3 3RJ3
£229K06/210.22 mi44, Winterfield Drive, Bolton, Greater Manchester BL3 4TE3
£170.5K02/210.22 mi259, Hulton Lane, Bolton, Greater Manchester BL3 4LE3
£201.5K05/230.22 mi269, Hulton Lane, Bolton, Greater Manchester BL3 4LE3
£168K05/210.22 mi290, Hulton Lane, Bolton, Greater Manchester BL3 4LE3
£312K04/210.22 mi274, Hulton Lane, Bolton, Greater Manchester BL3 4LE3
£105K03/210.24 mi18, Smethurst Lane, Bolton, Greater Manchester BL3 3QE3
£160K03/210.24 mi4, Carnoustie, Bolton, Greater Manchester BL3 4TF3
£106K02/210.25 mi90, Longfield Road, Bolton, Greater Manchester BL3 3SZ3
£155K06/210.26 mi414, St Helens Road, Bolton, Greater Manchester BL3 3RR3
£175K12/220.26 mi5, Abbey Close, Bolton, Greater Manchester BL3 3GY3
£179K08/210.27 mi10, Vigo Avenue, Bolton, Greater Manchester BL3 3TE3
£173K08/210.29 mi5, Edge Hill Road, Bolton, Greater Manchester BL3 3TF3
£275.5K10/220.3 mi6, Salterton Drive, Bolton, Greater Manchester BL3 3RG3
£155K02/210.32 mi9, Harbury Close, Bolton, Greater Manchester BL3 4JY3
£175K12/200.32 mi8, Renfrew Drive, Bolton, Greater Manchester BL3 4XX3
£264K03/230.32 mi24, Renfrew Drive, Bolton, Greater Manchester BL3 4XX3
£235K11/200.32 mi10, Wellburn Close, Bolton, Greater Manchester BL3 3RL3
£167.5K02/210.34 mi11, Frinton Road, Bolton, Greater Manchester BL3 3TQ3
£250K03/210.34 mi3, Gleneagles, Bolton, Greater Manchester BL3 4XL3
£250K07/220.34 mi11, Gleneagles, Bolton, Greater Manchester BL3 4XL3
£210.5K12/220.35 mi4, Broxton Avenue, Bolton, Greater Manchester BL3 3TG3
£190K04/210.37 mi145, Sapling Road, Bolton, Greater Manchester BL3 3QG3
£190K11/210.39 mi17, Maldwyn Avenue, Bolton, Greater Manchester BL3 3QP3
£140K01/210.4 mi42, Haynes Street, Bolton, Greater Manchester BL3 3LW3
£280K11/210.4 mi17, Beaumont Chase, Bolton, Greater Manchester BL3 4XH3
£121K04/210.42 mi16, Peveril Street, Bolton, Greater Manchester BL3 3LR3
£125K04/230.42 mi43, Sloane Street, Bolton, Greater Manchester BL3 3LT3
£215K03/210.45 mi21, Turnberry, Bolton, Greater Manchester BL3 4XJ3

Local Rents

50 rents from £480/mo to £1.9K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£62512/240.26 miHulton Mount, St. Helens Road, Middle Hulton, Bolton1
£1,30012/240.27 miFenton Way, Bolton, BL33
£90012/240.28 miStonehaven, Bolton2
£48002/240.32 mi-2
£85001/250.35 mi-2
£80012/240.36 mi-2
£80012/240.36 miLongfellow Avenue, Bolton, BL32
£72512/240.37 miBeaumont Chase, Bolton, Greater Manchester, BL3 4XH1
£87512/230.37 mi-2
£85012/230.39 mi-2
£95003/250.39 mi-2
£85004/250.39 mi-2
£1,50011/240.39 mi-4
£60002/250.42 mi-1
£1,10012/240.48 miHulton Lane, Deane, Bolton BL34
£77512/240.49 miMorris Green Lane, Bolton, BL32
£72504/250.52 mi-1
£90001/250.53 mi-3
£1,20012/240.54 mi-4
£1,60012/240.54 mi-4
£72512/240.54 miDeane Church Lane, Bolton, Greater Manchester, BL31
£72512/240.54 miDeane Church Lane, Bolton, Greater Manchester, BL31
£75012/240.54 miDeane Church Lane, Bolton, Greater Manchester, BL31
£85001/250.57 mi-2
£85002/250.57 mi-2
£90012/240.58 mi-2
£1,77501/250.58 mi-4
£65012/240.59 miWigan Road, Deane, Bolton. *AVAILABLE NOW**1
£85003/250.61 mi-2
£90011/240.62 mi-2
£75011/240.64 mi-2
£75012/240.67 mi-2
£65012/240.67 mi-2
£62512/240.68 mi-1
£72503/240.72 mi-2
£95011/240.72 mi-2
£72512/240.73 mi-2
£97512/240.74 mi-2
£97503/250.74 mi-2
£95004/250.75 mi-3
£90003/250.75 mi-2
£85012/240.76 mi-3
£72512/240.78 miHenley Grove, Bolton2
£1,90003/250.79 mi-4
£1,35001/250.81 mi-3
£89502/240.86 mi-2
£99502/240.86 mi-2
£80003/250.91 mi-3
£1,30012/240.94 miNewbrook Road, Over Hulton, Bolton3
£1,60003/250.96 mi-4

Local Area Statistics

Population in BL3

63,785

Population in Bolton

217,471

Town centre distance

2.32 miles away

Nearest school

0.10 miles away

Nearest train station

1.63 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+0%

Sales demand

Seller's market

Capital growth (5yrs)

+35%

Property History

Listed for £175,000

July 11, 2024

Floor Plans

Description

  • 3 BEDROOM FAMILY HOME IN MIDDLE HULTON +
  • WELL PRESENTED THROUGHOUT +
  • AUCTION GUIDE PRICE £175,000 +
  • VIEW - BID - BUY +

*FOR SALE BY MODERN METHOD OF AUCTION; STARTING BID PRICE £175,000 PLUS RESERVATION FEE. * AUCTION END DATE 20TH SEPTEMBER AT 2PM

Harrisons are delighted to welcome you to this 3 bedroom semi-detached property on Longfield Road, Bolton, BL3.

The property boasts an open plan Lounge/Diner, Fitted Kitchen with ample storage space and a Family Bathroom.

In need of some modernisation, this property is perfect as an Investment Opportunity or for First Time Buyers!

EPC: D COUNCIL TAX: B TENURE: LEASEHOLD £5PY

PROPERTY LOCATION: Heathfield Primary School (0.1 MILES) St Bede Academy (0.5 MILES) Essa Academy (0.9 MILES) Hulton Lane Playing Fields (0.4 MILES) Asda Daubhill Supermarket (0.5 MILES)

PROPERTY FEATURES AND DETAILS: 3 BEDROOMS SEMI-DETACHED OPEN PLAN LOUNGE/DINER FITTED KITCHEN DRIVEWAY AND GARAGE AUCTION GUIDE PRICE £175,000 PLUS RESERVATION FEE

HARRISONS EXPERIENCE THE DIFFERENCE BOOK A VIEWING ONLINE / TELEPHONE / WHATSAPP FLEXIBLE VIEWING APPOINTMENTS AVAILABLE OPEN 6 DAYS A WEEK CONTACT OUR BRANCH FOR MORE DETAILS

Front of the Property: Mature Front Lawned Garden. Flagged Driveway for 1 Vehicle. Fence Panel and Brick Wall Surround. Wrought Iron Double Gates. Outside Light. Detached Garage with Up and Over Door.

Entrance Hallway: 3.99m x 1.93m Side Double Glazed UPVC Door. Carpet Flooring. Alarm on Wall. Single Panel Large Radiator. Pendant Light. Frosted Double Glazed Unit.

Lounge/Diner: 7.01m X 3.66m Carpet Flooring. Single Panel Radiators to Front and Rear. Double Glazed Units to Front and Rear with Vertical Blinds. Two Pendant Lights. Three Wall Lights. Double Glazed Bay Window with Two Openers. Gas Fire and Fireplace Surround. Internal Double Doors.

Kitchen: 2.61m X 2.31m Oak Finished Kitchen with Integrated Fridge/Freezer. Bosch Double Oven. Bosch Four Ring Ceramic Hob. Built-in Extractor. Fitted Microwave. Tiled Walls. Tiled Flooring. Single Panel Radiator. Double Glazed Unit to Rear with an Opener. Ceiling Recessed Spotlights. Under Counter LED Lighting. Stainless Steel Sink with Drainer and Chrome Mixer Tap.

First Floor Landing: 1.78m X 2.51m Carpet Flooring. Side Frosted Double Glazed Unit. Pendant Light. Loft Hatch.

Bedroom: 3.4m X 2.62m Double Bedroom. Beech Fitted Wardrobes and Dresser. Double Glazed Unit with Two Openers. Pendant Light. Carpet Flooring. Single Panel Radiator.

Bedroom: 2.53m X 2.8m Double Bedroom. Carpet Flooring. Double Glazed Unit to Rear with an Opener. Light Beech Finished Wardrobes with Dresser. Pendant Light. Single Panel Radiator.

Bedroom 3: 2.08m X 2.01m Single Bedroom. Single Panel Radiator. Carpet Flooring. Freestanding Furniture. Built-in Wardrobes. Double Glazed Unit to Front with an Opener. Pendant Light.

Bathroom: 1.81m X 2.36m White Modern Bathroom Suite. Tiled Flooring. Tiled Walls. Sink with Mirror Vanity Cabinet and LED Lights. Ceiling Recessed Spotlights. Extractor. Power Shower with Folding Glass Shower Screen Over a White Bath. White W/C. Frosted Double Glazed Unit with an Opener. Chrome Heated Towel Radiator. Shaver Point.

Rear Garden: 1.78m X 2.51m Mature Lawned Rear Garden. Outside Lighting. Garden Shed. Fence Panel Surround.

Auctioneer Comments This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

AML Disclaimer Please note it is a legal requirement that we require verified ID from purchasers before instructing a sale. Please also note we shall require proof of funds before we instruct the sale, together with your instructed solicitors.

Agents Note Under Section 21 of the 1979 Estate Agents Act we must declare if the owner of this property is related to an employee of Harrisons Lettings and Management Ltd.

Agents Note. We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Harrisons Lettings and Management Ltd.

IMPORTANT NOTE TO POTENTIAL PURCHASERS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.

POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.

BUYERS INFORMATION To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Credas, which Harrisons Lettings and Management Ltd will send your AML check. There is a nominal charge of £30 including VAT for this (per person), payable direct to Harrisons Lettings and Management Ltd. Please note, we are unable to issue a memorandum of sale until the checks are complete.

REFERRAL FEES We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Harrisons Lettings and Management Ltd.

Agent Details

Harrisons Estate Agents, Bolton

01202 145436

Next Steps?

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