Mill View Lane, Horwich BL6 2 bed flat for sale

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Mill View Lane, Horwich BL6 2 bed flat for sale

Mill View Lane, Horwich BL6
£165,000

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 is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features 2 bedrooms, a lounge, kitchen, bathroom, storage space, and its own access door and parking space. It also has access to a communal garden and is located in the Clock House Building. The current annual gross income is £10,500, but with long-term tenants already in place, the new owner could increase the rental income to a market rate of £14,400. The tenants have been in the property for several years and have consistently paid their rent, with no intention to move out. With a worthwhile addition to an investor's portfolio, this property is a great opportunity for those looking to generate rewarding rental returns.