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Hartington Road, Heaton 5 bed block of apartments for sale
Hartington Road, Heaton
£295,000
Hartington Road, Heaton
£295,000
Our Summary
- A superb investment opportunity for an existing landlord or buy to let investor to purchase this building which is divided into five self-contained flats with a gross annual income of around £33,600 per annum
- Ready to earn investment opportunity
Description
This is a rare investment opportunity to purchase a fully tenanted freehold property in Bolton, comprising five self-contained flats with a gross annual income of £33,600. The property is divided over four levels, with each flat having its own council tax rating, Energy Performance Certificates, and pre-payment electric meters. The flats are warmed via electric heating, with no gas supply in the building. The property is located in a prime area, with local parks, shops, restaurants, and the town centre within walking distance. The gross rental yield is approximately 11.39%, making it an attractive investment opportunity. Due to the multiple tenancies, it is not possible to arrange a viewing at the same time, but a walkthrough video and photos are available. The property is not in a conservation area and is considered to have a "very low" risk of flooding.