Studio flat for sale

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Studio flat for sale

Trinity Church, Trinity Street, Bolton
£53,000

Our Summary

  • The local pool of potential tenants is large and, with a location as good as this, Trinity Church is sure to have no problems maintaining rental yields in the future

Description

This stylish studio apartment is located in the heart of Bolton, just minutes away from the train station, city university, and a variety of shops, bars, and restaurants. The area is undergoing significant investment, with £100m of projects underway, which will create 7,400 jobs and 1,800 mixed-use homes, generating an additional £412m in economic worth. The local housing market has seen dramatic price increases in recent years, and with Manchester City Centre becoming more oversubscribed, this trend is likely to continue. The property offers a gross rent of £5,580 and a net income of £3,532, with a gross yield of 10.53% and a net yield of 6.66%. With its excellent location and strong rental potential, this property is an attractive investment opportunity.
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