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Property ID: 216465277
Offers Over
£115,000
Location
Blackburn Road, Bolton, BL1 7LS
Size
603
Tenure
Leasehold
Bedrooms
1
Type of property
Flat
Current Yield
7.3%
Monthly Income
£700
Property Information

This well-kept one-bedroom flat is located in Bolton, within walking distance of various valuable amenities. It is ideal for investors seeking reliable, long-term returns.


This is a brilliant opportunity for investors!


Offering one bedroom, a lounge, a three-piece bathroom, and a kitchen, this home also benefits from a ground-floor entry hall, a balcony, and secure basement parking with an allocated space exclusively for residents.


Investment Details:


The property generates an annual gross income of £8,400, which the new owner could increase to a market rate of £10,704 with long-term tenants currently situated. The purchase price makes it a worthwhile addition to any investor's portfolio.


Please see the Let Property Pack linked below for more details on this property's investment potential.


Tenancy Details:


The current tenants have resided in the property for several years and have consistently paid their rent. They have no intentions of moving out and are keen to remain in the property.


Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties, a fully refundable buyer's premium may apply to secure the property. This amount is refunded in the event of non-completion.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Letting Agency Fees
Ownership CostsWhat are these?
Calculated Returns
Paisley benefits from an average of 4.5% capital growth. Learn more
Purchase Costs
Based on monthly income of
0
Cashflow p/m
700
Current Yield
null%
Based on potential rent of
0
Cashflow p/m
n/a
Potential Yield
null%
Monthly Income
£700 pcm
Potential Rent
£- pcm
Length of Tenancy
2 years
Tenant Means of Funding
SELF_FUNDED
Area Capital Appreciation Rate
-
Ground Rent
Leasehold
Est. Insurance Costs
unknown
Factor Fees
210
Factor Name
unknown
Total Estimated Costs
210
Not available for this property
Not available for this property
Not available for this property
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Running Costs
Ground Rent
Leasehold
Est. Insurance Costs
unknown
Factor Fees
210
Factor Name
unknown
Total Estimated Costs
210