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The Bank, 113-117 Deansgate, Bolton, BL1

Studio Flat
1

Key features

  • Stunning Studio Apartment
  • 1st Floor
  • Bolton Town Centre Location
  • Generating Immediate Income
  • Fully Furnished
  • Fantastic Transport Links
  • Convenient For Shops, Bars & Restaurants
  • Low Entry Price Property Investment
  • 8.9% NET Yield
  • Tenanted Until August 2025

Description

8.9% NET YIELD!!
NEW TENANCY UNTIL AUGUST 2025!!
HIGHLY ATTRACTIVE CASH INVESTMENT PROPERTY

Financial Performance:
Rental Income: £115pw / £5,865 per annum on a 51-week contract.
Service Charge: £1,832.93 per annum
Ground Rent: £350 per annum
Lettings Fee 11% + VAT: £774.18 per annum

NET INCOME: £2,907.89 per annum
NET YIELD: 8.9%

Mr Investa are pleased to present to the market this spacious studio apartment located on the 1st floor of this attractive building in the centre of Bolton Town Centre. Offering immediate income, this would be perfect for first time investors or a great addition to an existing portfolio.

The Bank is a popular choice for both students and professionals looking for convenient and affordable living in Bolton Town Centre.

This prestigious building was the former Lloyds Bank and has been tastefully modernised to a high standard to create 28 luxury boutique studios, complete with en-suite facilities and fully fitted kitchenettes - perfect for independent living.

The studios are arranged over 3 floors and to encourage the development of friendships and a sense of community, each floor has its own luxury fitted communal kitchen.

Tenanted Until 29th August 2025

With a superb location, just a short stroll from the University of Bolton (less than 10 minutes) and the local train station. The Bank is located in the quieter area of the town centre, accessibility of retail, leisure and cultural activities couldn't be better. The Octagon Theatre (where you can enjoy nationally acclaimed productions) is less than a 5-minute walk away.

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 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.
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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 Bank, 113-117 Deansgate, Bolton, BL1

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About Mr Investa Ltd, Salford

Mr Investa, Blue Tower, MediaCityUK, M50 2ST
Industry affiliations:Industry affiliation logo 0

We offer a unique and bespoke service for Landlord to Landlord Sales.

Here at Mr Investa we understand that not ever investor is the same, not every seller or buyer have the same requirements.

Using the latest technology in the property market to give our clients a full insight to the properties and areas we offer from the comfort of their home or on the go. We do this by providing a virtual tours, floor-plans and financial performance for each property.

Our aim is to take the time, effort and stress away for our clients by doing all of the leg work for them, so we have created a simple 5 step process to help buy or sell a buy-to-let property.

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Disclaimer - Property reference MSN-74864248. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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