2 Bed Flat, Single Let, Bury, BL0 9ZP £145,000

4 DAMAR COURT SQUARE STREET, Bury, BL0 9ZP - 2 views - a year ago

Sold STC

Leasehold

BTL

49 m²

ValuationOvervalued

Sold Prices	£113K - £160K
Sold Prices/m²	£1.9K/m² - £3.1K/m²

Square Metres	49 m²
Price/m²	£3K/m²
Value Estimate	£116,053£116,053

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£36,250£36,250
Stamp Duty & Legal Fees	£8,850£8,850
Total Cash In	£45,100£45,100

Cash Out
Rent Range	£525 - £1,150£525 - £1,150
Rent Estimate	£600
Running Costs/mo	£593£593
Cashflow/mo	£7£7
Cashflow/yr	£83£83
ROI	0%0%
Gross Yield	5%5%

Local Sold Prices

30 sold prices from £113K to £160K, average is £133.8K. £1.9K/m² to £3.1K/m², average is £2.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£144K	08/24	0.05 mi	115, Kay Brow, Bury BL0 9AY	£2,483	58	2	Flat
£144K	08/24	0.05 mi	115, Kay Brow, Bury BL0 9AY	-	-	2	Flat
£125K	06/21	0.1 mi	111, Kay Brow, Ramsbottom, Bury, Greater Manchester BL0 9AY	-	-	2	Flat
£140K	01/23	0.1 mi	165, Kay Brow, Ramsbottom, Bury, Greater Manchester BL0 9AY	£2,564	55	2	Flat
£150K	01/24	0.11 mi	179, Kay Brow, Bury BL0 9AY	£2,830	53	2	Flat
£160K	12/24	0.11 mi	191, Kay Brow, Bury BL0 9AY	£2,581	62	2	Flat
£160K	12/24	0.11 mi	191, Kay Brow, Bury BL0 9AY	-	-	2	Flat
£150K	01/24	0.11 mi	179, Kay Brow, Ramsbottom, Bury, Greater Manchester BL0 9AY	£2,830	53	2	Flat
£140K	05/23	0.11 mi	79, Kay Brow, Ramsbottom, Bury, Greater Manchester BL0 9AY	-	-	2	Flat
£139K	06/23	0.11 mi	127, Kay Brow, Ramsbottom, Bury, Greater Manchester BL0 9AY	-	-	2	Flat
£138K	06/22	0.11 mi	107, Kay Brow, Ramsbottom, Bury, Greater Manchester BL0 9AY	£2,442	57	2	Flat
£125K	05/24	0.34 mi	8 Old Dun Horse, Flat 5, Dundee Lane, Bury BL0 9HL	£1,894	66	2	Flat
£125K	05/24	0.34 mi	Flat 5, 8 Old Dun Horse, Dundee Lane, Bury BL0 9HL	-	-	2	Flat
£113K	01/24	0.35 mi	7, Meadow Heights, Ramsbottom BL0 0BN	£2,093	54	2	Flat
£160K	07/24	0.55 mi	57, Sims Close, Bury BL0 9NT	£3,077	52	2	Flat
£160K	07/24	0.55 mi	57, Sims Close, Bury BL0 9NT	-	-	2	Flat
£135K	10/24	0.6 mi	37, Sims Close, Bury BL0 9NT	£2,368	57	2	Flat
£135K	10/24	0.6 mi	37, Sims Close, Bury BL0 9NT	-	-	2	Flat
£135K	07/22	0.6 mi	45, Sims Close, Ramsbottom, Bury, Greater Manchester BL0 9NT	£2,647	51	2	Flat
£130K	06/22	0.6 mi	31, Sims Close, Ramsbottom, Bury, Greater Manchester BL0 9NT	£1,970	66	2	Flat
£132.5K	10/21	0.61 mi	19, Sims Close, Ramsbottom, Bury, Greater Manchester BL0 9NT	-	-	2	Flat
£127.5K	04/23	0.61 mi	21, Sims Close, Ramsbottom, Bury, Greater Manchester BL0 9NT	£2,401	53	2	Flat
£130K	11/24	0.61 mi	25, Sims Close, Ramsbottom, Bury, Greater Manchester BL0 9NT	£2,063	63	2	Flat
£125K	03/23	0.61 mi	43, Sims Close, Ramsbottom, Bury, Greater Manchester BL0 9NT	£2,119	59	2	Flat
£130K	11/24	0.62 mi	25, Sims Close, Bury BL0 9NT	-	-	2	Flat
£123K	05/24	0.62 mi	1, Sims Close, Bury BL0 9NT	£2,278	54	2	Flat
£128K	12/24	0.62 mi	7, Sims Close, Bury BL0 9NT	£2,133	60	2	Flat
£130K	11/24	0.62 mi	25, Sims Close, Bury BL0 9NT	£2,063	63	2	Flat
£123K	05/24	0.62 mi	1, Sims Close, Bury BL0 9NT	-	-	2	Flat
£128K	12/24	0.62 mi	7, Sims Close, Bury BL0 9NT	-	-	2	Flat

Local Rents

50 rents from £525/mo to £1.1K/mo, average is £850/mo.

Rent	Date	Distance	Address	Beds	Type
£1,000	11/25	0.01 mi	St. Johns Court, Ramsbottom, Bury, Lancashire, BL0	2	Flat
£600	07/25	0.06 mi	Silver Street, Ramsbottom	2	Flat
£600	07/25	0.06 mi	Silver Street, Ramsbottom, Bury, BL0	2	Flat
£550	08/25	0.06 mi	Callender Court, Ramsbottom, Lancashire, BL0	2	Flat
£575	08/25	0.08 mi	Bridge Street, Ramsbottom, Bury BL0	2	Flat
£525	08/25	0.08 mi	Bridge Street, Ramsbottom, Bury	2	Room
£825	04/24	0.08 mi	Square Street, Bury, Greater Manchester, BL0	2	Flat
£1,100	10/25	0.08 mi	Damar Court, Bury, BL0	2	Flat
£650	08/25	0.08 mi	Market Place, Ramsbottom, Bury, BL0	2	Flat
£795	03/24	0.09 mi	Bridge Street, Bury, Greater Manchester, BL0	2	Flat
£625	07/25	0.1 mi	Central Street, Ramsbottom	2	Room
£525	08/25	0.1 mi	Kay Brow, Ramsbottom, Lancashire, BL0	2	Flat
£750	05/25	0.1 mi	Kay Brow, Ramsbottom	2	Flat
£575	08/25	0.11 mi	Verna Street, Ramsbottom, Lancashire, BL0	2	Terraced House
£825	10/25	0.12 mi	Church Street, Bury, Greater Manchester, BL0	2	Terraced House
£1,150	11/25	0.12 mi	Crow Lane, Ramsbottom, Bury	2	Terraced House
£950	05/25	0.12 mi	Market Place, Ramsbottom	2	Flat
£850	07/25	0.12 mi	Crow Lane, Ramsbottom, Bury, BL0	2	Room
£1,100	11/25	0.12 mi	Damar Court, Square Street, Ramsbottom, BL0	2	Flat
£900	10/25	0.13 mi	Victoria Street, Ramsbottom, Bury, Greater Manchester, BL0 9ED	2	Terraced House
£1,100	03/24	0.13 mi	Cobden Mill Court, Ramsbottom	2	Flat
£600	08/25	0.14 mi	Garden Street, Ramsbottom, Lancashire, BL0	2	Terraced House
£1,150	11/25	0.14 mi	-	2	Terraced House
£995	04/24	0.14 mi	St. Pauls Street, Ramsbottom, Bury, BL0	2	Terraced House
£1,150	11/25	0.14 mi	St. Pauls Street, Ramsbottom, Bury, BL0	2	Terraced House
£850	03/24	0.15 mi	St Pauls Street, Ramsbottom, Bury, BL0	2	Terraced House
£825	04/24	0.15 mi	St Pauls Street, Ramsbottom, Bury	2	Terraced House
£825	05/24	0.15 mi	St Pauls Street, Ramsbottom, Bury	2	Terraced House
£950	06/25	0.15 mi	Albert Street, Ramsbottom	2	Terraced House
£800	09/23	0.15 mi	-	2	Terraced House
£895	03/24	0.16 mi	St. Pauls Street, Ramsbottom, Bury	2	Terraced House
£895	06/25	0.16 mi	St. Pauls Street, Ramsbottom, Bury	2	Terraced House
£850	02/25	0.16 mi	-	2	Terraced House
£950	07/25	0.16 mi	Albert Street, Ramsbottom	2	Terraced House
£825	03/24	0.16 mi	St Pauls Street, Ramsbottom, Lancs, BL0 9BW	2	Detached House
£950	08/25	0.16 mi	St Pauls Street, Ramsbottom	2	Terraced House
£875	07/25	0.17 mi	Victoria Street, Ramsbottom, Bury, BL0	2	Terraced House
£875	04/24	0.17 mi	Victoria Street, Ramsbottom, Bury, BL0	2	Terraced House
£825	08/25	0.18 mi	-	2	Flat
£825	11/25	0.18 mi	-	2	Flat
£825	10/25	0.18 mi	Garden Court, Ramsbottom, Bury, BL0	2	Flat
£825	11/25	0.18 mi	Garden Court, Ramsbottom, Bury, BL0	2	Flat
£795	04/24	0.18 mi	Garden Street, BL0	2	Flat
£895	11/25	0.19 mi	Spring Street, Ramsbottom	2	Terraced House
£795	07/25	0.21 mi	Major Street, Ramsbottom	2	Terraced House
£895	06/25	0.21 mi	Stanley Street, Ramsbottom	2	Terraced House
£895	09/25	0.21 mi	Stanley Street, Ramsbottom	2	Terraced House
£975	10/25	0.22 mi	Stanley Street, Ramsbottom, Bury, BL0	2	Terraced House
£900	03/24	0.24 mi	Springwood Street, Ramsbottom, Bury, England, BL0 9DT	2	Terraced House
£850	07/25	0.24 mi	Harrison Street, Ramsbottom, Bury	2	Terraced House

Local Area Statistics

Population in BL0	17,20417,204
Population in Bury	101,319101,319
Nearest school	0.30 miles away0.30 miles away
Nearest train station	3.93 miles away3.93 miles away

Rental growth (12m)	-13%-13%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+41%+41%

Property History

Listed for £145,000

August 30, 2024

Floor Plans

Description

Two bedrooms +
Open Kitchen/Living +
Town centre location +
3 piece bathroom +
No chain +

Damar Court, Ramsbottom is a purpose built development of apartments located within walking distance of the town centre and local amenities as well as a short drive to motorway networks. The property is located on the first floor, the accommodation briefly comprises; main entrance into communal hallway, one flight of stairs to the property, entrance hall with built in storage cupboard, open plan lounge & kitchen, two bedrooms and bathroom. Outside there are parking facilities.
Ground rent - £150 per year
Service charge - £95 per month

Entrance Hallway - Open space with access to both bedrooms, bathroom, storage cupboard and lounge/kitchen

Bedroom One - 3.29 x 3.35 (10'9" x 10'11") - Good sized double bedroom

Bedroom Two - 2.29 x 2.19 (7'6" x 7'2") - Single bedroom or home office

Bathroom - Three piece bathroom with fitted shower over the bath

Lounge - 5.62 x 2.96 (18'5" x 9'8") - Open plan living and dining area

Kitchen - 1.80 x 2.23 (5'10" x 7'3") - Kitchen with wall and base units, sink, drainer and electric oven hob, plumbed for washing machine and space for fridge freezer.

Agent Details

Pearson Ferrier, Ramsbottom

01706 586584

Next Steps?

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

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CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

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