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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Features

  • Superb investment opportunity
  • Tenanted student studio
  • En suite wet room
  • Approx 128 sq ft
  • Shared kitchen / lounge
  • Fitness suite & study
  • Games room & common rm
  • 2 X laundry rms, 24 hr security

Listing view statistics

Last 30 days: 48 page views

Since listed: 2947 page views

Description

£31,000! Fantastic return on investment. Offered for sale with no further upward chain is this superb investment property, situated in the heart of Bolton Town Centre. A purpose built student studio with an en suite wet / shower room, sharing a communal kitchen and lounge area with other studio apartments and also sharing the use of a fitness suite, games room / common room, relaxation lounge / study, 2 x laundry rooms, 10am till 8pm serviced office and 24hr security on site.

We are advised that the property is rented at £87 per week on a 44 week term which ends on the 22nd July 2017, generating £3,828 per annum. We understand that there is the potential for additional rental income during the summer months. At a £31,000 sales price this would equate to over a 10% gross investment yield.

The studio is approximately 128 square foot with fitted study space and an en suite shower / wet room, the tenants share the use of the fitted kitchen / lounge space with the other studios in the apartment and the communal facilities of the building.

We understand that management fees are payable, but at the time of press are awaiting confirmation of the charges.

Selling your property? Call Cardwells for a free no obligation valuation from professionally qualified and experienced staff. Offices open and accompanied viewings undertaken 7 days a week, No Sale No Fee, please call Cardwells Estate Agents Bolton on .

Studio: (12' 8'' x 10' 1'' (3.86m x 3.07m) maximum)

Radiator, uPVc double glazed window which enjoys lovely views across the town, fitted desk, wetroom off, carpet.

Wet Room: (6' 1'' x 2' 11'' (1.85m x 0.89m))

Wet room style with shower area, WC and wash basin.

Communal Kitchen/Lounge:

Fitted kitchen with matching drawers base and wall cabinets, lounge area, uPVC double glazed window.

Important Information:

£87 per week for 44 weeks until 22nd July. £3,828 per year with potential for an additional 8 weeks rental.

Additional Information:

Fitness suite, quiet relaxation/study room. Office open 10am-8pm, security 24 hours.

Price:

£31,000

Disclaimer:

This brochure and property details are a representation of the property offered for sale or rent, as a guide only. Brochure content must not be relied upon as fact and does not form any part of a contract. Measurements are approximate. No fixtures or fittings, heating system or appliances have been tested, nor are they warranted by Cardwells or any staff member in any way as being functional or regulation compliant. Cardwells do not accept any liability for any loss that may be caused directly or indirectly by the brochure content, all interested parties must rely on their own, their surveyor’s or solicitor’s findings. We advise all interested parties to check with the local planning office for details of any application or decisions that may be consequential to your decision to purchase or rent any property. Any floor plans provided should be used for illustrative purposes only and should be used as such by any interested party.

You could get

Ultrafast broadband Ultrafast broadband

Up to 350 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Bolton 0.2 miles
  • Hall-i'-th'-Wood 1.5 miles
  • Bolton Parish Church CofE Primary School 0.5 miles
  • St Peter and St Paul RC Primary School 0.5 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Bolton 0.2 miles
  • Hall-i'-th'-Wood 1.5 miles
  • Bolton Parish Church CofE Primary School 0.5 miles
  • St Peter and St Paul RC Primary School 0.5 miles

Market stats

Sale activity

Average estimated value for a flat in BL1:

  • £120,109
  • Price decrease

  • -£1,783
  • (-1.463%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £110,700
  • Properties sold

    81

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in BL1 is currently:

£412 pcm

Recent sales nearby

See all recent sales in BL1
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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How much could I borrow?

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The Agent

Price history

Sold prices provided by Land Registry
11th Jan 2018 £31,000 Price reduced by £2,000
10th Jul 2017 £33,000 Price reduced by £5,000
2nd Feb 2017 £38,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Cardwells Sales, Lettings & Management. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Cardwells Sales, Lettings & Management for full details and further information.