1 Bedroom Apartment
Bolton, BL1 5TE
99 years leasehold
Service charge: £70 per annum
Projected rent: £650 pcm
Projected yield: 15%
Plenty of green spaces around the property
For further details on this opportunity, please register your details and an Investment Consultant will be in touch shortly!
What Returns Can I Expect?
This property has a predicted rental income of £650 PCM, with a projected yield of 15%
These are amazing returns, way above the UK average which stands between 5% and 8%.
The capital appreciation potential for this apartment is also significant as the Council has committed £100m to invest in the town centre in leisure and culture, office space, and residential development, which will be combined with more than £1 billion of private sector investment.
How Much Cash Do I Need?
To purchase this property you will need £52,000, saving you £12,000 from the market value.
About Bolton
– Bolton is one of the country’s largest towns, with a strong and diverse identity and a rich history.
– Properties in Bolton had an overall average price of £209,314 over the last year, and the average rental yields are between 4-6%.
– A multi-million-pound regeneration programme has started, and the town is home to a top-ranking university, theatre, museum, and a new Bolton Interchange.
– Bolton also attracts 12.5 million shoppers a year, thanks to hosting the largest retail and leisure destination in the UK, Middlebrook Retail and Leisure Park.
What Amenities are Near the Property?
2-minute walk- Pharmacy
2-minute walk- Nearest Bus Stop
5-minute walk- St. Mary & St. Philopater Church
6-minute walk- McDonald’s
12-minute walk- Heaton Cricket Club
13-minute walk- Doffcocker Lodge (Lakeside Walk)
16-minute walk- Bolton Old Links Golf Course
18-minute walk- Astley Bridge Juniors Football Club
22- minute walk- Moss Bank Park
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