Thorne Street
Mistoria Residential Ltd logo

Thorne Street

By Mistoria Residential Ltd

£ 165,000

Reviews

2 out of 5 stars

Mistoria Residential Ltd says ..

Investment opportunity. 4 bed HMO conveniently positioned in Bolton sold with social housing tenancy in- situ. Offering a gross annual income of £21,744 with a gross potential yield of 13% this property is also available as part of a portfolio of 3. Further details upon request.

Property Oracle says ..

This four-bedroom property on Thorne Street, Farnworth, Bolton, is presented as an investment opportunity, suitable for use as a House of Multiple Occupancy (HMO). The listing highlights a potential gross annual income of £21,744, yielding 13%. While the provided images reveal a functional, if somewhat dated, kitchen and exterior, no details are given regarding the interior condition of the other rooms or the property’s overall square footage. The proximity to several well-regarded schools (within a kilometer’s radius) and several train stations (within a 3-kilometer radius) are positive aspects. However, the lack of garden or other outdoor space is a notable drawback. The pricing, considering comparable nearby properties and its potential rental income, is fair but not exceptionally outstanding. Potential buyers or investors should conduct a thorough property survey to fully assess the condition, necessary maintenance, and overall long-term financial viability of this investment opportunity.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
6
Land
1
Bedrooms
4
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
550,000.00 £
Increased by 32.27 %
from 415,822.00 £
Average area rental value
1,864.00 £/mo
Increased by 17.16 %
from 1,591.00 £/mo
Est rental Yield
4.07 %
Decreased by 11.33 %
from 4.59 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Mistoria Residential Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
All Saints Cofe Primary SchoolVoluntary Aided SchoolGood0.67 KM
Queensbridge Primary SchoolCommunity SchoolGood0.87 KM
St Michael'S Cofe Primary School, Great LeverVoluntary Aided SchoolGood1.03 KM
The Ferns Primary AcademyAcademy Sponsor LedGood1.04 KM
Harper Green SchoolAcademy ConverterRequires improvement1.18 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Egerton Street £ 000.00 KM
Back Thorne Street £ 000.00 KM
Back Gower Street £ 000.00 KM
Gladstone Road £ 000.00 KM
Rose Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Moses Gate2606MSS0.23 KM
Farnworth2811FNW1.68 KM
Kearsley (Manchester)2605KSL3.22 KM
Bolton2599BON3.40 KM
Walkden2612WKD3.90 KM

Nearby Listings

AddressPriceTypeScoreDistance
Thorne Street £ 165,000BUYUnknown0.00 KM
Thorne Street, Farnworth, Bolton £ 115,000BUY7 / 100.00 KM
Thorne Street, Farnworth, Bolton, BL4 £ 120,000BUYUnknown0.04 KM
33 Phethean Street, Farnworth, Bolton, Greater Manchester BL4 7LJ £ 73,000BUY5 / 100.08 KM
Cawdor Walk, Farnworth, Bolton, Lancashire, BL4 £ 130,000BUYUnknown0.13 KM

Nearby Properties

AddressPriceDistance
25 Thorne Street £ 72,9950.02 KM
35 Thorne Street £ 22,0000.02 KM
6 Thorne Street £ 95,0000.02 KM
13 Thorne Street £ 85,0000.02 KM
9 Thorne Street £ 25,0000.02 KM