The Pack Horse, Nelson Square, Bolton, BL1
- PROPERTY TYPE
Studio
- BATHROOMS
1
- SIZE
222 sq ft
21 sq m
Key features
- High Yielding Cash Investment Opportunity
- 8% NET Yield
- Fully Tenanted & Generating Immediate Income
- Fully Managed by a Local Professional Student Agent
- Superior Studio Offering Modern Student Living
- Located In Bolton Town Centre BL1
- Walking Distance to Bolton University
- On Site Gymnasium, Games Room & Residents Lounge
- Consistently Fully Occupied
- Convenient For Public Transport Links
Description
HIGH YIELDING CASH INVESTMENT
FULLY TENANTED & GENERATING IMMEDIATE INCOME
Current Financial Performance for the 2023/24 Academic Year
Rental Income: £5,060 per annum (based on a 46 week contract at £110pw)
Service Charge: £2,011 per annum
Ground Rent: £125 per annum
Lettings Fee 9% + VAT: £546.48 per annum
NET Income: £2,377.52 per annum
NET Yield: 7.9%
Mr Investa are pleased to bring to the market this attractive buy-to-let cash investment opportunity with this spacious and fully furnished SUPERIOR STUDIO. This fantastic self contained unit is tenanted for immediate income from day one of ownership.
The Pack Horse is situated in the heart of Bolton town centre on Nelson Square, within close proximity of Bolton University, shops, bars, restaurants and cafes. The development is also convenient for public transport, including regular bus and train services.
These student properties offer an ideal opportunity for buy-to let investors looking for a fully managed hands off investment at an attractive price and offering a lucrative yield.
This spacious Superior Studio flat comprises; private entrance, lounge with double bed, study desk with chair, fitted kitchenette with inset sink, hob, over head extractor and microwave, uPVC double glazed window, electric heater, wall mounted TV and access to a private ensuite shower room/WC.
Residents benefit from the various communal areas within the building; an attractive entrance reception area with security intercom access, residents gym, equipped games room, lounge and outdoor patio area.
NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
The Pack Horse, Nelson Square, Bolton, BL1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bolton Station0.3 miles
- Hall i' th' Wood Station1.4 miles
- Moses Gate Station1.8 miles
About the agent
Mr Investa Ltd, Salford
Mr Investa, Blue Tower, MediaCityUK, M50 2ST
We offer a unique and bespoke service for Landlord to Landlord Sales.
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Visit our security centre to find out moreDisclaimer - Property reference MSN-1589409. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Mr Investa Ltd, Salford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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