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Price History
Our Summary
- Investment opportunity - Studio apartment situated at 20 The Church, Crook Street
- 4% net yield - attractive return at low capital outlay Income from day one with established tenancy Fully managed - ideal for passive investors High-demand rental location supported by commuter links and local economy Growth potential driven by Bolton's ongoing regeneration and Manchester overspill Summary: A high-yielding, fully managed investment opportunity delivering strong net returns in a proven rental market
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Description
The property is a studio apartment located at 20 The Church, Crook Street in Bolton, Lancashire. It has a well-established tenant base and generates a gross annual income of £5,580. The property benefits from excellent transport links and is located near key demand drivers such as the University of Bolton.
The property has a ground rent of £262.71 and a service charge of £1,015.41 per annum, with management fees of 9%+VAT. At a purchase price of £50,000, the property has a net yield of approximately 7.4%.