Reed Close, Farnworth BL4 2 bed flat for sale

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Reed Close, Farnworth BL4 2 bed flat for sale

Reed Close, Farnworth BL4
£97,500

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Bolton offers a fantastic opportunity for investors to expand their portfolio, with a current tenant in situ and valuable amenities nearby. The well-maintained property features two bedrooms, a three-piece bathroom, spacious lounge, kitchen, and allocated parking space. With an annual gross income of £6,300, the new owner has the potential to increase this to a market rate of £10,800, making it a worthwhile addition to their portfolio. The current tenants have consistently paid their rent and have no plans to move out, ensuring a smooth transition for the new owner.