Wetherby Court, Horwich
RE

Wetherby Court, Horwich

By Regency Estates

£ 110,000

Reviews

2 out of 5 stars

Regency Estates says ..

**MODERN GROUND FLOOR APARTMENT SOLD WITH SITTING TENANT - RETURNING 6% YIELD** OPTION TO PURCHASE A SECOND APARTMENT IN SAME BLOCK WITH A SITTING TENANT Two Bedrooms - Secure Gated Parking - Excellent Transport and Amenities - Modern Open Plan Kitchen & Bathroom - No Chain An ideal purc...

Property Oracle says ..

This two-bedroom apartment in Wetherby Court, Horwich, is presented as a sound investment opportunity. Located in a convenient area with good access to transportation and local amenities, including several nearby schools, the property’s location is relatively favorable. The photographs reveal a clean and well-maintained apartment with a functional kitchen and bathroom. The interior décor is simple, and while the apartment doesn’t appear to need immediate repairs, upgrades may be considered to increase its market appeal. A significant drawback is the lack of private outdoor space which is a common feature for apartments, and the limited plot size is reflected in the low land score. The list price is competitive relative to similar properties in the Horwich area, but the precise value is challenging to assess fully without more specific details about the sizes of comparable properties. The description indicates the property is sold with a sitting tenant and suggests a potential rental income stream, a significant detail for potential investors. This is a functional property in a convenient location. The condition is average and the absence of a private outdoor space is a key factor to consider. Potential buyers need to assess the suitability of the property given its modest size and lack of external space against their requirements and the long-term value proposition, including rental yield if the sitting tenant remains.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
853.58

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
268,399.00 £
Increased by 2.13 %
from 262,792.00 £
Est sale value
250,952.52 £
Increased by 23.53 %
from 203,152.04 £
Average area rental value
911.00 £/mo
Decreased by 2.57 %
from 935.00 £/mo
Est letting value
853.58 £/mo
from 0.00 £/mo
Est rental Yield
4.07 %
Decreased by 4.68 %
from 4.27 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Regency Estates marked this listing as sold.

  • Regency Estates created the listing.

Nearby Schools

NameTypeOfstedDistance
Horwich Start Well Link SiteChildren's Centre Linked Site0.58 KM
Beacon Primary SchoolAcademy Sponsor Led0.62 KM
St Catherine'S Cofe Primary SchoolAcademy Converter0.71 KM
Rivington And Blackrod High SchoolAcademy ConverterRequires improvement1.18 KM
Cumberland SchoolOther Independent Special SchoolGood1.20 KM

Images

Photo 6 Photo 18 Photo 12 Photo 21 Photo 20 Photo 16 Photo 15 Photo 5 Photo 10 Photo 1 Photo 14 Photo 3 Photo 7 Photo 13 Photo 19 Photo 17

Nearby Streets

NameAverage PriceAverage SqftDistance
Back Crown Street £ 000.00 KM
Hope Street £ 119,00000.00 KM
Bosworth Street £ 000.00 KM
Back Richmond Street £ 180,00000.00 KM
Richmond Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Blackrod2732BLK1.98 KM
Horwich Parkway8720HWI3.03 KM
Adlington (Lancashire)2641ADL5.55 KM
Westhoughton2619WHG6.09 KM
Hindley2398HIN6.95 KM

Nearby Listings

AddressPriceTypeScoreDistance
Crown Lane, Horwich, Bolton £ 170,000BUYUnknown0.05 KM
Crown Lane, Horwich, Bolton, BL6 £ 215,000BUYUnknown0.06 KM
Chorley New Road, Horwich, Bolton £ 160,000BUYUnknown0.07 KM
Chorley New Road, Horwich, Bolton £ 175,000BUYUnknown0.09 KM
Lee Lane, Horwich, Bolton, Greater Manchester, BL6 7JL £ 200,000BUY7 / 100.14 KM

Nearby Properties

AddressPriceDistance
20 Chorley New Road £ 150,0000.03 KM
16 Chorley New Road £ 174,0000.03 KM
4 Chorley New Road £ 32,0000.03 KM
18 Chorley New Road £ 112,5000.03 KM
6 Chorley New Road £ 100,0000.03 KM