3 Bed Semi-Detached House, Refurb/BRRR, Bolton, BL1 3DR, £120,000

Cramond Walk, Bolton, BL1 3DR - 3 months ago

Sold STC
Leasehold
Auction
Refurb/BRRR
Planning
ROI: 6%
~93 m²
+11 photos

ValuationFair Value

Sold Prices£60K - £219K
Sold Prices/m²£532/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£122,400

 

 

End Value (After Refurb)

£136,044

Uplift in Value

+13%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Refurb Costs

£39,200

Bridging Loan Interest

£3,150

Total Cash In

£81,300

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£136,044

Mortgage (After Refinance)

£102,033

Mortgage LTV

75%

Cash Released

£12,033

Cash Left In

£69,267

Equity

£34,011

Rent Range

£390 - £2,250

Rent Estimate

£1,098

Running Costs/mo

£665

Cashflow/mo

£433

Cashflow/yr

£5,199

ROI

6%

Gross Yield

11%

Local Sold Prices

50 sold prices from £60K to £219K, average is £124.5K. £532/m² to £2.9K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£135K11/230.08 mi4, Kirkhope Walk, Bolton, Greater Manchester BL1 3DG3
£75K06/230.19 mi3, Gladstone Close, Bolton, Greater Manchester BL1 3TY3
£100K12/200.2 mi19, Dickinson Close, Bolton, Greater Manchester BL1 3TQ3
£102K12/200.22 mi19, Grove Street, Bolton, Greater Manchester BL1 3PN3
£125K07/210.28 mi7, Hughes Street, Bolton, Greater Manchester BL1 3HE3
£115K11/210.3 mi72, Arnold Street, Bolton, Greater Manchester BL1 3HB3
£89K03/210.3 mi73, Arnold Street, Bolton, Greater Manchester BL1 3HB3
£104K04/230.3 mi63, Thorpe Street, Bolton, Greater Manchester BL1 3JE3
£85K08/210.3 mi4, Mere Walk, Bolton, Greater Manchester BL1 2RW3
£117K03/210.3 mi8, Grove Street, Bolton, Greater Manchester BL1 3PG3
£188K10/220.33 mi21, Spinning Meadow, Bolton, Greater Manchester BL1 2QQ3
£131.5K09/210.33 mi8, Kentford Road, Bolton, Greater Manchester BL1 2JL3
£102K08/230.34 mi360, Halliwell Road, Bolton, Greater Manchester BL1 8AP3
£115K04/230.34 mi106, Oxford Grove, Bolton, Greater Manchester BL1 3BH3
£115K03/210.36 mi38, St Augustine Street, Bolton, Greater Manchester BL1 3JG3
£75K07/210.38 mi20, Cundey Street, Bolton, Greater Manchester BL1 3BT3
£218K06/210.4 mi20, Allendale Gardens, Bolton, Greater Manchester BL1 8EF3
£165K03/210.41 mi33, Chorley Old Road, Bolton, Greater Manchester BL1 3AD3
£124K12/220.43 mi147, Blackburn Road, Bolton, Greater Manchester BL1 8HE3
£102K11/200.45 mi4, Dilham Court, Bolton, Greater Manchester BL1 4UH3
£130K12/200.46 mi164, Hughes Street, Bolton, Greater Manchester BL1 3EZ3
£162.5K06/230.46 mi133, Hughes Street, Bolton, Greater Manchester BL1 3EZ3
£82K01/210.46 mi276, Oxford Grove, Bolton, Greater Manchester BL1 4JH3
£145K11/200.47 mi200, Valletts Lane, Bolton, Greater Manchester BL1 6DY3
£147K12/200.47 mi10, Rathybank Close, Bolton, Greater Manchester BL1 6HA3
£125K12/200.51 mi70, Cloister Street, Bolton, Greater Manchester BL1 3JX3
£180K05/230.51 mi27, Keighley Street, Bolton, Greater Manchester BL1 6EB3
£170K05/210.52 mi82, Bennetts Lane, Bolton, Greater Manchester BL1 6JE3
£85K05/210.54 mi19, Holly Grove, Bolton, Greater Manchester BL1 6DN3
£162K03/230.54 mi11, Church Road, Bolton, Greater Manchester BL1 6HE3
£100K12/220.54 mi95, Waters Meeting Road, Bolton, Greater Manchester BL1 8TT3
£219K05/210.55 mi26, Cope Bank, Bolton, Greater Manchester BL1 6DL3
£180K11/210.55 mi80, Adrian Road, Bolton, Greater Manchester BL1 3LQ3
£116K12/200.55 mi68, Adrian Road, Bolton, Greater Manchester BL1 3LQ3
£135K04/230.55 mi12, Bashall Street, Bolton, Greater Manchester BL1 4HL3
£100K06/230.56 mi3, Russell Close, Bolton, Greater Manchester BL1 4BL3
£152.5K05/230.57 mi66, Carslake Avenue, Bolton, Greater Manchester BL1 4BP3
£185K02/230.58 mi48, Adrian Road, Bolton, Greater Manchester BL1 3LG3
£166K03/210.58 mi11, Trawden Avenue, Bolton, Greater Manchester BL1 6JD3
£102K05/210.58 mi22, Marsh Fold Lane, Bolton, Greater Manchester BL1 4HG3
£135K04/230.6 mi24, Rushton Road, Bolton, Greater Manchester BL1 6DG3
£123.5K07/230.6 mi9, Thurstane Street, Bolton, Greater Manchester BL1 3LJ3
£167K09/210.65 mi52, Waverley Road, Bolton, Greater Manchester BL1 6NW3
£105K10/210.65 mi581, Halliwell Road, Bolton, Greater Manchester BL1 8BZ3
£84K11/200.66 mi107, Beverley Road, Bolton, Greater Manchester BL1 4DY3
£121K12/200.66 mi440, Chorley Old Road, Bolton, Greater Manchester BL1 6AG3
£140K02/210.66 mi35, Wyresdale Road, Bolton, Greater Manchester BL1 4DW3
£60K10/230.66 mi33, Wyresdale Road, Bolton, Greater Manchester BL1 4DW3
£135K09/230.67 mi1, Booth Street, Bolton, Greater Manchester BL1 8DA3
£128K02/230.67 mi1, Ash Grove, Bolton, Greater Manchester BL1 4QF3

Local Rents

46 rents from £390/mo to £2.3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£95012/240.22 mi-3
£1,35012/240.34 mi-3
£1,30003/240.38 mi-3
£1,30003/240.38 mi-3
£1,00003/250.42 mi-3
£1,30003/250.5 mi-3
£85003/240.54 miHarvey Street, Bolton, Greater Manchester, BL13
£95004/240.55 miAdrian Road, Bolton, BL13
£39003/240.6 miPalace Street, Town Centre, BL1 2DR3
£95003/240.65 miWaverley Road, Bolton, Greater Manchester, BL13
£89503/240.71 miMerlin Grove, Bolton3
£1,50004/240.72 miTemple Drive, Bolton, BL1 3LS3
£1,00004/240.72 miMarsden House, Marsden Road, Bolton3
£1,20003/250.73 mi-3
£2,25003/240.74 mi-3
£1,10011/240.76 mi-3
£74504/240.78 miChorley Old Road, Bolton3
£99503/240.83 mi29 Harrow Street, Bolton, BL1 4NH3
£99512/240.84 mi-3
£88011/240.85 mi-3
£1,10003/250.87 mi-3
£1,00001/250.89 mi-3
£95003/240.99 miMoorland Grove, Smithills, Bolton, Greater Manchester, ., BL13
£1,10002/241 mi-3
£1,40002/251 mi-3
£1,30003/241 miPerendale Rise, Bolton3
£1,25001/251 mi-3
£1,02004/251.04 mi-3
£1,05012/241.05 mi-3
£1,05003/241.06 miHallbridge Gardens, Astley Bridge, Bolton, BL13
£1,10003/241.12 miWilton Road, Bolton, Greater Manchester, BL1 6RS3
£1,20003/241.12 miChorley Old Road, Bolton, BL13
£1,10003/241.12 miLarkspur Close, Bolton, BL13
£1,00003/241.12 miPoplar Avenue, Sharples, Bolton3
£1,15003/241.15 miSandileigh Drive, Bolton, BL13
£1,00004/241.15 mi-3
£1,00003/241.15 miTonge Moor Road, Bolton, BL23
£1,40005/241.15 mi-3
£87503/241.16 miTonge Moor Road, Tonge Moor, Bolton, BL23
£95004/241.16 miTonge Moor Road, Tonge Moor, Bolton, BL23
£95004/251.16 mi-3
£1,10003/241.17 miFlorence Avenue, Bolton, Greater Manchester, BL13
£95005/241.18 mi-3
£95004/241.18 miLittlebrooke Close, Bolton, BL23
£95004/241.18 miLittlebrooke Close, Bolton, BL23
£1,30004/241.18 miAmblethorn Drive, Bolton, BL13

Local Area Statistics

Population in BL1

63,206

Population in Bolton

217,471

Town centre distance

1.49 miles away

Nearest school

0.10 miles away

Nearest train station

1.26 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-3%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Listed for £120,000

January 21, 2025

Floor Plans

Description

  • EPC TBC +
  • Large Rear Garden +
  • Lots Of Internal Storage +
  • External Outbuilding For Additional Storage +
  • Ground Floor Shower Room +
  • Conservatory Extension For Added Space +
  • Bid on me +
  • Great Project Opportunity +

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, I am sold Limited. This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (i am sold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.*** 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. Discover a fantastic opportunity to create your dream home or secure a rewarding investment project with this three-bedroom semi-detached property, bursting with potential and positioned in a sought-after neighbourhood. This home offers a versatile space for those with a creative vision, making it an ideal choice for first-time buyers looking for a personalized start or investors keen on their next renovation project. The property features a spacious combined open-plan conservatory and living area at the rear, a bright and airy space that can be used as a cosy retreat, a home office, or a stylish entertaining area. Beyond, you'll find an great size rear garden that offers endless possibilities for landscaping, gardening, or outdoor leisure activities – perfect for families or hosting gatherings. Inside, the property boasts three generously sized bedrooms, providing ample room for comfortable living and The modern kitchen/diner is a true asset, offering a solid foundation for a central hub where family and friends can gather with ample space for a dining table or breakfast bar and a downstairs wet-room. With a layout that lends itself to both function and style, it sets the stage for the home’s transformation. While the property requires renovation, it provides the perfect blank canvas to tailor every detail to your personal taste. Its combination of size, features, and potential make it an unmissable opportunity. Don’t miss out on turning this hidden gem into a home with heart or a standout addition to your portfolio. Book your viewing today and start imagining the possibilities! The Purple Property Shop can confirm the property is at no risk of flooding. The Purple Property Shop can confirm the property is not in a conservation area.  EE - Voice: 5/5 Data: 5/5 Three - Voice: 4/5 Data: 4/5 O2 - Voice: 5/5 Data: 5/5 Vodafone - Voice: 5/5 Data: 5/5  Standard Construction dwelling made of bricks and mortar or stone with a slate or tiled roof. No Existing Planning Permissions  To Be Confirmed By A Legal Representative.

Agent Details

The Purple Property Shop, Bolton

01204 958074

Next Steps?

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