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Studio flat for sale
The Pack Horse, Nelson Square, Bolton
£40,000
The Pack Horse, Nelson Square, Bolton
£40,000
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
Description
This property investment opportunity is perfect for both first-time landlords and seasoned investors looking to expand their portfolio. Situated in a popular student development in Bolton, the units offer a low-entry price point and an impressive annual yield of 8.44%. The property is fully managed by an award-winning company, making it a hands-off investment for those who want to focus on other aspects of their life. The building, once a historic hotel, has been sympathetically converted into student suites, offering a unique blend of character and modern amenities. The units come with private kitchenette facilities and en-suite shower rooms, and the property is tenanted until July 2025. The location is ideal, with the University of Bolton and Bolton Interchange just a short walk away, providing easy access to Manchester and beyond. With its impressive yield and hassle-free management, this property is an attractive opportunity for anyone looking to invest in the rental market.