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1 bedroom flat for sale
Nelson Square, The Pack Horse Nelson Square, BL1
£29,500
Nelson Square, The Pack Horse Nelson Square, BL1
£29,500
Our Summary
- Should one be considering taking their first foray into the rental market or a more seasoned investor looking to swiftly bolster their property portfolio, this fabulous investment opportunity may provide the perfect prospect
- Fantastic Investment Opportunity with Annual Net Yield of Circa 7
Description
This property is a fantastic investment opportunity for both first-time landlords and seasoned investors, offering a low-entry price and impressive annual yield of 7.65%. Situated in a fully occupied student development in the heart of Bolton, the property is managed by an award-winning company, providing a hands-off approach for those who want to grow their experience or are too busy to be involved. The unit is a private en-suite shower room/WC and is tenanted until July 2025. The property benefits from a range of modern facilities, including a concierge service, gym, lounge, kitchen, and laundry facilities, creating a sociable environment. The location is ideal, with the University of Bolton and Bolton Interchange, a public transport hub, within walking distance. With a 125-year lease and ground rent payable, this property is a great opportunity for investors to grow their portfolio.