House For Sale Nelson Square, Bolton, BL1

£55,000

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Last Updated: 26th March 2024

Description

*** INVESTMENT OPPORTUNITY ***

Located in Provincial House, a popular rental spot in Bolton town centre, is this modern studio apartment offered for sale with LONG TERM TENANT IN SITU. Currently managed by ourselves with a rental income of £650pcm the property offers a yield around 7.3%.

Access to the property is via a secure communal door which leads to a staircase as well as the lift. The studio itself is made up of an open lounge/kitchen with separate bedroom area and a three piece shower room with storage surrounding the wc and basin. 

EPC rating: C. Tenure: Leasehold, Service charge description: £284.01pcm
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Agent Details
Northwood Dual
3, Marsden Road, Bolton, BL1 4AA
Show Contact Number
01204 363 626

Investment Analysis

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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.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested