Crook Street, Bolton, Greater Manchester, BL3
- PROPERTY TYPE
Studio
- SIZE
229 sq ft
21 sq m
Key features
- 7.4% net yield - attractive return at low capital outlay
- Fully managed - ideal for passive investors
- High-demand rental location supported by commuter links and local economy
- Growth potential driven by Bolton's ongoing regeneration
- EPC Rating: B (82)
Description
This studio property benefits from a well-established tenant base and generates a gross annual income of £5,580, providing immediate cash flow from day one. With Bolton positioned just 10 miles from Manchester, the area continues to see strong rental demand driven by affordability, commuter connectivity, and ongoing regeneration. Excellent transport links via rail and the M61, along with proximity to key demand drivers such as University of Bolton, underpin long-term rental stability and occupancy levels.
Financial Breakdown:
Gross Rent: £5,580 per annum
Ground Rent: £262.71 per annum
Service Charge: £1,015.41 per annum
Management Fee: 9%+VAT
Total Annual Costs: £1,880.76
Net Income: £3,699.24
At a purchase price of £50,000, the property delivers a net yield of approximately 7.4%, making it a strong-performing, hands-off investment with management in place.
Investment Highlights:
7.4% net yield - attractive return at low capital outlay
Income from day one with established tenancy
Fully managed - ideal for passive investors
High-demand rental location supported by commuter links and local economy
Growth potential driven by Bolton's ongoing regeneration and Manchester overspill
Summary:
A high-yielding, fully managed investment opportunity delivering strong net returns in a proven rental market. With low entry cost, reliable income, and sustained tenant demand linked to Manchester, this studio apartment is ideally suited to investors seeking a straightforward, cash-flowing asset.
LET PURE INVESTOR TAKE THE STRAIN AWAY ...
We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we provide a fully managed service for landlords looking to minimise costs and maximise efficiency.
Fully managed lettings and property management service
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Rental income protection available
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If you would like to find out more about our lettings and property management service, or discover how much we could save you each month, please contact our team.
- 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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Crook Street, Bolton, Greater Manchester, BL3
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Visit our security centre to find out moreDisclaimer - Property reference 20-the-church-bolton. 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 Pure, Manchester. 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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