In the Spotlight 💡 Bury Requested by: @williamsonpropertyrentals Budget: £150,000 (none given so we’ll keep it at 150k) Strategy: Flip (or BTL) After looking at 45305 property transactions over a 25 year period, hundreds of thousands of EPC certificates for every street in Bury, and pairing it with other datasets here are the results: Zoomed out to look at sector data that was requested: BL9: BL9 7’s low prices and fast sales compete with BL9 0 and BL9 6, but its growth lags BL9 6’s 7.47%. BL9 as a whole offers value (BL9 0, BL9 6, BL9 7, BL9 9) compared to pricier BL8 4 (£374,445) or BL0 sectors. BL9 6 and BL9 7’s activity rivals BL8 1, but BL0 9’s volume (6,018) leads. BL9 7’s affordability and velocity make it a strong contender for budget buyers, though BL8 3 and BL9 6 offer higher growth potential. BL9 7: Stands out for affordability (lowest median: £84,500), high sales velocity (11.06), and terraced dominance (64.25%), ideal for first-time buyers or investors. Its 5.75% CAGR is solid but trails BL9 6 and BL9 9. High sales volume (4,145) and quick turnover (50 days) signal a hot market, though high maximum prices suggest outliers. Top Performing Streets (with Flips and BTL in mind): Flips: Tottington Road, Bury Road. High transaction frequencies (1.35, 1.42) ensure quick sales. Low minimums (£75,000, £95,000) allow budget entry with negotiation. Wood Street and Brierley Street are solid backups with lower price per m² for renovation margins. Rental Income: Wood Street, Rochdale Road. Low entry (Wood Street’s £141,250) and high cost savings (Rochdale’s £624.38/m², Wood’s £443.31/m²) maximize ROI. Energy uplifts (21.37–26.10) reduce tenant costs, supporting stable rentals. Terraced homes align with Bury’s rental demand. Property In the Crosshairs: 176 Rochdale Old Road, Bury, BL9 7RQ Auction Property Financing: Assumed Cash Guide Price: £100,000 Max Bid: £113,000 (without knowing investors profit margins, risk tolerance ect.) Average Street Price: £94,620 (geometric mean) Fair Market Value (rough average of 3 comps): £134,350 (did not verify validity of comps, this is an average) Refurb Cost Estimate: £19,550 (17k w/ 15% contingency buffer) Cost of Investment: £132610 Flip Data: Purchase Price: £113000 Sale Price: £134500 Deposit: £7500 Holding Costs: £660 Renovation: £17000 ROI: 2.82% Profit: £4350 BTL Data: Market Rent: £828 (2-Bed) Selected Rent: £850 Monthly repair costs: £188 Net Rental Yield: 7.03% Monthly Cash Flow: £662.00 Annual Cash Flow: £7944 Return on Equity: 6.46% Cash-on-Cash Return: 5.99% (far below 10% industry standard) ROI: 7.03% (below industry standard of 10%) What would you do? Real estate investing is subjective. Tools Used: Vada Prime Data Packs and Research Lab, Deal Wizard. These are numbers calculated without digging into the property, calling agents, knowing personal investment criteria, and performing proper due diligence so I would use them as a rough guideline. Next In the Spotlight post will be: Doncaster, Budget £180k, 3 bed, Strategy SA which was requested by @Helenp After that I think we’ll go back to broader overviews because it may appeal to more members. If you want more personalised service you can book a call with me: https://vadaprime.com/direct-contact/ola/services/discovery-call *this is not financial advice. I’m not a financial advisor*

Posted by Adam Robinson at 2025-04-12 21:02:37 UTC