1 bedroom flat for saleNelson Square, Bolton
- Based in the heart of Bolton town centre with a plethora of shops, bars and restaurants on the doorstep
- An easy commute to and from Bolton University
- Secure entrance via key fob only
- Entrance lobby with concierge and security desk
- Modern studio flat with kitchen facility and separate bathroom
- Communal Lounge and Games Room
- Gymnasium and Laundry Room
- Every flat is currently rented, with a strong demand for any that become vacant.
- Six flats available to purchase, can be bought in a bulk buy if desired
- Will appeal to investors looking to expand their current rental portfolio
Full descriptionThe Pack Horse is a converted former hotel based at Nelson Square in the heart of Bolton town centre, now exclusively for use by the ever growing student community studying at Bolton University. Includes a communal lounge and games room plus a gymnasium and laundry room for the students to use when not studying. The Pack Horse is within easy reach of a plethora of shops, bars and restaurants and is within walking distance of Bolton University. Will appeal to property investors looking to expand their current rental portfolio. The apartment comes with a sitting tenant in situe. Every apartment is currently rented out, and there is a demand for any that become readily available to rent.
Currently the studio apartment is being rented out at a rate of £80 per week or £4,160 per annum.
Other service charges and fees,
Management fee of 8% + VAT.
Service charge is approx £1200 per annum.
Ground rent is approx £200 per annum.
Approx 6% yield return per annum.
Entrance Lobby - An attractive entrance lobby with concierge and security desk.
Concierge And Security Desk - Concierge and Security desk within the entrance lobby. Entry into the lobby from Nelson Square is via secure key fob only.
Stairwell To Upper Floors - Attractive modern staircase to the upper floor rooms and communal areas.
Classic Studio Apartment - A modern classic studio apartment with kitchen facility and a separate bathroom suite.
Communal Lounge And Games Room - A superb communal lounge and games room for the students to enjoy. Includes modern leather sofas, chairs plus a pool table, table tennis and table top football games.
Gymnasium - A gymnasium for the students to use in their spare time.
Laundry Room - The communal laundry room with coin operated machines for the students to wash and dry their clothing while staying at The Pack Horse complex.
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