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2 Bed Terraced House For Sale Vincent Street, Bolton, BL1

£84,950- Terraced

Yield: 7.42%
1 of 11
Yield: 7.42%
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  • Rental Guide: £420 - £525
  • 2 Bedroom(s)
  • Description
  • Street View
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Key Features

  • Lounge With Fireplace
  • Separate Dining Room
  • Fitted Kitchen
  • Two Bedrooms With Fitted Wardrobes
  • Bathroom In White With Shower
  • Conveniently Located- Within Walking Distance To Morrison's
  • Double Glazed Windows
  • Enclosed Yard To The Rear
Last Updated: 10th June 2020

Description

A well presented garden fronted mid terrace home. Ideal purchase for first time buyers or investment property. Comprises of vestibule, lounge, dining room, kitchen, two bedrooms, bathroom, yard to rear.

Upvc - UPVC leading to vestibule.

Vestibule - Vestibule leading to lounge.

Lounge - 13'11 x 12'6 (4.24m x 3.81m) - Attached Adam style feature fireplace with gas coal effect fire, ceiling covings, celing rose, double radiator.

Dining Room - 12'6 x 12'1 (3.81m x 3.68m) - Feature stone fireplace, radiator, ceiling covings, staircase to first floor.

Kitchen - 10 x 6'1 (0.25m x 1.85m) - Range of fitted wall and base units with contrasting worktops incorporating stainless steel sink, gas hob, electric oven, extractor fan, plumbing for automatic washing machine, tiled walls, access to rear yard.

Landing -

Bedroom One - 13'11 x 12'6 (4.24m x 3.81m) - Range of fitted wardrobes to two wall, units over bed, headboard, two bedside units, built in dressing table, radiator.

Bedroom Two - 16'3 x 7'9 (4.95m x 2.36m) - Range of fitted wardrobes to one wall, headboard, drawer unit, wall monitor for gas central heating, boiler, radiators.

Bathroom - Three piece suite in white comprising bath with shower, fitted toilet, wash hand basin, tiled over bath, half tiled walls, radiator.

Garden - Flagged front garden, enclosed yard with flagged outhouse.

Property Misdiscription Act 1991 - PROPERTY MISDISCRIPTION ACT 1991. Chris Ball Sales & Lettings for themselves and their clients declare that they have exercised all due diligence in the preparation of these details but can give no guarantee as to their veracity or correctness. Any electrical or other appliances included have not been tested, neither have drains, heating, plumbing and electrical installations and all purchasers are recommended to carry out their own investigations before contract. No representation of warranty is given regarding the property and the purchasers should rely on their own enquiries and inspection

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Agent Details
Chris Ball
651, Chorley Old Road, Bolton, BL1 6BJ
Show Contact Number
01204 848 484

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
6.9

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives an average regular return.
5

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£2548.5
The governments recent policies including not to add additional tax to this property price band will be positive for future price growth.
10

Comparison with other investment alternatives

Investing in this property will give you a higher regular return when compared to other conservative investments.
7

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

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Rental Data
2 Bedroom properties in “BL1” are mostly listed between £420 - £525. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested