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2 bedroom apartment for sale
Lilac Gardens, Bolton, Lancashire BL3
£85,000
Lilac Gardens, Bolton, Lancashire BL3
£85,000
Our Summary
- Ideal Investment Opportunity Over 7% Yield - Allocated Parking - Sought After Bolton Location - Well Kept Communal Area & Gardens - Leasehold on rpi
- Ideal Investment Opportunity Over 7% Yield
Description
This is an excellent investment opportunity for landlords and investors, offering a two-bedroom ground floor apartment with a sitting tenant in a sought-after Bolton location. The property has a leasehold of 111 years remaining, with a ground rent of £340 per annum and a service charge of £1,263.48 per annum. The apartment offers a spacious layout, including a modern fitted kitchen, lounge with Juliette balcony, three-piece bathroom suite, and two double bedrooms, including a large master. The property benefits from allocated parking, a secure door entry system, and a low-cost service charge. With a yield of over 7%, this is a rare opportunity to purchase an investment property with a sitting tenant in Bolton. The apartment is located just off Green Lane and Manchester Road, with easy access to Bolton Town Centre and Manchester beyond.