3 Bed Semi-Detached House, Single Let, Kearsley, BL4 9RJ, £105,000

George Street, Farnworth, BOLTON, BL4 9RJ - 3 views - a month ago

Leasehold
Auction
BTL
ROI: 6%
~93 m²

ValuationUndervalued

Sold Prices£95K - £265K
Sold Prices/m²£960/m² - £3.6K/m²

 

 

Square Metres

~93 m²
Price/m²£1.1K/m²

Value Estimate

£129,150
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£6,450

Total Cash In

£32,700

 

 

Cash Out

 

Rent Range

£850 - £1,400

Rent Estimate

£650

Running Costs/mo

£478

Cashflow/mo

£172

Cashflow/yr

£2,063

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £95K to £265K, average is £158K. £960/m² to £3.6K/m², average is £1.7K/m².

PriceDateDistanceAddressBeds 
£190K02/230 mi74, George Street, Farnworth, Bolton, Greater Manchester BL4 9RJ3
£150K03/210.01 mi74, George Street, Farnworth, Bolton, Greater Manchester BL4 9RJ3
£140K11/200.04 mi8, Gorton Street, Farnworth, Bolton, Greater Manchester BL4 9RL3
£180K01/230.12 mi99, Moorside Avenue, Farnworth, Bolton, Greater Manchester BL4 9PY3
£140K11/200.12 mi16, Stewart Avenue, Farnworth, Bolton, Greater Manchester BL4 9RQ3
£135K05/210.13 mi101, Greenfold Avenue, Farnworth, Bolton, Greater Manchester BL4 9PX3
£95K10/200.13 mi105, Greenfold Avenue, Farnworth, Bolton, Greater Manchester BL4 9PX3
£117K03/210.13 mi71, Greenfold Avenue, Farnworth, Bolton, Greater Manchester BL4 9PX3
£190K04/210.15 mi46, Brindley Close, Farnworth, Bolton, Greater Manchester BL4 0AG3
£200K05/230.15 mi98, St James Street, Farnworth, Bolton, Greater Manchester BL4 9RG3
£120K02/210.15 mi143, St James Street, Farnworth, Bolton, Greater Manchester BL4 9RG3
£158K09/210.19 mi95, St James Street, Farnworth, Bolton, Greater Manchester BL4 9SL3
£208K11/200.21 mi22, Shillingford Road, Farnworth, Bolton, Greater Manchester BL4 7DJ3
£180K12/220.21 mi17, Highfield Road, Farnworth, Bolton, Greater Manchester BL4 0AE3
£161K07/210.22 mi10, Wordsworth Avenue, Farnworth, Bolton, Greater Manchester BL4 9TB3
£170K12/220.22 mi35, Wordsworth Avenue, Farnworth, Bolton, Greater Manchester BL4 9TB3
£164K07/230.23 mi74, Central Avenue, Farnworth, Bolton, Greater Manchester BL4 0BA3
£132K12/200.24 mi63, Masefield Drive, Farnworth, Bolton, Greater Manchester BL4 9TF3
£158K08/210.26 mi87, Highfield Road, Farnworth, Bolton, Greater Manchester BL4 0AL3
£180K05/230.28 mi191, Harrowby Street, Farnworth, Bolton, Greater Manchester BL4 7DF3
£167.5K07/210.28 mi33, North Avenue, Farnworth, Bolton, Greater Manchester BL4 0BH3
£160K09/210.28 mi4, North Avenue, Farnworth, Bolton, Greater Manchester BL4 0BH3
£158K01/230.29 mi3, Elm Grove, Farnworth, Bolton, Greater Manchester BL4 0AY3
£263K09/220.3 mi55, Pear Tree Drive, Farnworth, Bolton, Greater Manchester BL4 9RR3
£265K02/230.31 mi7, Wentworth Avenue, Farnworth, Bolton, Greater Manchester BL4 9PA3
£179.9K10/210.32 mi77, North Avenue, Farnworth, Bolton, Greater Manchester BL4 0BW3
£138K12/200.32 mi37, Tennyson Road, Farnworth, Bolton, Greater Manchester BL4 9SX3
£130K05/230.33 mi134, Buckley Lane, Farnworth, Bolton, Greater Manchester BL4 9PJ3
£125K11/200.33 mi9, Beech Avenue, Farnworth, Bolton, Greater Manchester BL4 0AT3
£140K05/210.34 mi4, Central Avenue, Farnworth, Bolton, Greater Manchester BL4 0AR3
£116K12/200.34 mi105, Plodder Lane, Farnworth, Bolton, Greater Manchester BL4 0BX3
£140K09/210.36 mi149, Plodder Lane, Farnworth, Bolton, Greater Manchester BL4 0BT3
£178K10/220.36 mi10, Harrowby Lane, Farnworth, Bolton, Greater Manchester BL4 7BJ3
£112K11/200.37 mi150c, Plodder Lane, Farnworth, Bolton, Greater Manchester BL4 0BU3
£127K05/210.39 mi47, Pansy Road, Farnworth, Bolton, Greater Manchester BL4 0EU3
£140K12/200.39 mi5, Pansy Road, Farnworth, Bolton, Greater Manchester BL4 0EU3
£143.5K08/230.4 mi1, Leinster Street, Farnworth, Bolton, Greater Manchester BL4 9HS3
£145K01/210.42 mi12, Edale Road, Farnworth, Bolton, Greater Manchester BL4 9PB3
£107K01/230.42 mi276, Plodder Lane, Farnworth, Bolton, Greater Manchester BL4 0BS3
£105K10/200.42 mi298, Plodder Lane, Farnworth, Bolton, Greater Manchester BL4 0BS3
£153K12/200.42 mi32, Dixon Green Drive, Farnworth, Bolton, Greater Manchester BL4 7EE3
£165K11/210.43 mi21, Highfield Drive, Farnworth, Bolton, Greater Manchester BL4 0RR3
£160K10/210.43 mi43, Highfield Drive, Farnworth, Bolton, Greater Manchester BL4 0RR3
£158K04/210.43 mi3, Dorset Close, Farnworth, Bolton, Greater Manchester BL4 9TR3
£162K02/220.44 mi56, Dixon Green Drive, Farnworth, Bolton, Greater Manchester BL4 7EQ3
£200K05/230.44 mi36, Pansy Road, Farnworth, Bolton, Greater Manchester BL4 0EW3
£180K01/230.45 mi10, Kildare Street, Farnworth, Bolton, Greater Manchester BL4 9NP3
£175K02/230.46 mi26, Balmoral Road, Farnworth, Bolton, Greater Manchester BL4 9HR3
£112K12/220.46 mi69, Harper Green Road, Farnworth, Bolton, Greater Manchester BL4 0DL3
£97K12/200.47 mi55, St Germain Street, Farnworth, Bolton, Greater Manchester BL4 7BG3

Local Rents

50 rents from £850/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,10001/240.11 mi-3
£1,10003/250.11 mi-3
£1,10004/250.15 mi-3
£1,40004/250.19 mi-3
£1,15001/250.2 mi-3
£90003/240.2 miMasefield Drive, Bolton, Greater Manchester, BL43
£1,20011/230.21 mi-3
£1,30001/250.21 mi-3
£1,20004/240.22 miHighfield Road, Bolton3
£1,20005/240.22 miHighfield Road, Farnworth, Bolton. **AVAILABLE NOW**3
£1,00002/240.24 mi-3
£1,10005/240.24 miTennyson Road, Bolton, Greater Manchester, BL43
£1,00006/230.25 mi-3
£89512/240.29 mi-3
£92503/240.3 miPear Tree Drive, Farnworth, BL43
£92505/240.3 miPear Tree Drive, Farnworth, BL43
£1,20007/230.31 mi-3
£1,35003/250.31 mi-3
£1,30003/250.31 mi-3
£1,25004/250.31 mi-3
£1,10007/240.33 mi-3
£90001/240.34 mi-3
£90002/240.34 mi-3
£90002/240.34 mi-3
£95004/240.35 miPlodder Lane, Farnworth, Bolton3
£1,20012/240.36 mi-3
£1,10010/240.37 mi-3
£1,20002/240.37 mi-3
£1,20012/240.37 mi-3
£1,10003/240.37 miPlodder Lane, Bolton3
£87505/240.4 mi-3
£87503/240.4 miLeinster Street, Farnworth, Bolton, BL43
£87504/240.4 miLeinster Street, Farnworth, Bolton, BL43
£1,15003/240.44 miPansy Road,Farnworth,Bolton,BL43
£89503/240.48 miSt. Germain Street, Farnworth, Bolton3
£95004/240.49 miBradford Road, Farnworth, Bolton, BL43
£89503/240.5 miAlbert Road, Farnworth, Bolton3
£90012/240.51 mi-3
£95005/240.52 miWestland Avenue, Farnworth3
£1,30008/240.55 mi-3
£1,20008/240.55 mi-3
£92512/230.57 mi-3
£85003/240.57 miBradford Road, Bolton, BL43
£1,10012/240.57 mi-3
£95007/240.58 mi-3
£95006/240.58 miChedworth Crescent, Little Hulton, Manchester, M383
£1,15012/240.6 mi-3
£95002/250.6 mi-3
£99902/250.61 mi-3
£90003/240.61 miPlodder Lane, Farnworth, BL43

Local Area Statistics

Population in BL4

33,664

Town centre distance

1.69 miles away

Nearest school

0.20 miles away

Nearest train station

0.93 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Seller's market

Capital growth (5yrs)

+61%

Property History

Listed for £105,000

March 24, 2025

Description

  • AUCTION SALE +
  • 15 April 2025 +
  • EPC Rating - D +
  • Investment +

SUMMARY
AUCTION SALE 15 April 2025 - Long leasehold two floor semi detached house,
Investment

DESCRIPTION
Long leasehold two floor semi detached house,
Investment

Location:
The property is situated on George Street within Farnworth Town which lies to the south of Bolton Town Centre. Public transport links are well provided with Farnworth and Moses Gate Railway Stations within close proximity, together with a network of local bus services serving the surrounding vicinity. Shopping amenities can be found locally with a further range of shops, bars and restaurants located in Bolton Town Centre. Local recreational pursuits include Moses Gate Country Park and Amblecote Playing Fields.

Accommodation:
First floor: Three bedrooms, bathroom/WC
Ground floor: Reception room, kitchen/dining room
Outside: Front and rear gardens

EPC rating: D

Council Tax Band: A

Lease:
Held on a long lease for a term of 999 years from 9th December 1980 – for further information please refer to the legal documentation

Tenancy:
The property is let on a tenancy at a rent of £650 per calendar month – forfurther information please refer to the legal documentation

Rent reserved:
£7,800 pe annum

Important Notice:
For each Lot, a contract documentation fee of £1,250 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Barnard Marcus, Hammersmith Auctions

020 3866 9305

Next Steps?

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