2-bedroom house · BL3 4BF
Sold STCListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully Presented Two Bedroom Modern Mews | 75% Shared Ownership | Corner Plot With Well-Kept Gardens | Impressive Kitchen & Living Space | Popular Modern Development Beautifully presented throughout, this modern two bedroom mews-style property was built in 2023 and offers bright, airy and contemporary accommodation that is ready to move straight into.
Occupying an attractive corner plot with well-kept gardens, the property combines a low-maintenance modern lifestyle with generous living space.
Located on a popular development of modern homes just off Hulton Lane, the property would make an excellent first home or an ideal opportunity for someone looking for an alternative route into the property market.
The impressive kitchen and living space, two generous bedrooms and excellent presentation throughout make this a particularly appealing home. The advertised price is for a 75% share in the property.
A monthly rent payment of £172.22 is payable on top, which is broken down as follows: £129.97 – Rent for the remaining 25% share £11.17 – Service Charge £16.89 – Building Insurance £14.19 – Management Fee Briefly comprising: Porch entrance with a door leading into a bright and airy lounge.
A further door leads through to the impressive kitchen, fitted with a combination of base and eye-level units, with ample space to accommodate a dining table.
A convenient cloakroom completes the ground floor. Upstairs, there are two generous bedrooms in addition to a tasteful family bathroom.
Externally, the property occupies a corner plot with well-kept gardens, providing an attractive outdoor space with relatively low maintenance requirements.
Ideal For: A fantastic choice for a first time buyer, young couple or anyone looking for an affordable and alternative route to entering the property market.
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Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 63 Elderfield Road, Bolton
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