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Property Listing Details

Property details

  • 1 bathroom
  • 1 reception room

Listing view statistics

Last 30 days: 593 page views

Since listed: 746 page views

Description

Tenanted with immediate income Trinity Church presents a unique investment opportunity in a Grade II listed building, the perfect addition to any property portfolio.

Located within minutes’ walk from Bolton train station Trinity Church is ideally located in the city centre with great transport links and access to Bolton University.

The location opposite the train station also means that residents are only a short journey away from the bustling Manchester city centre - one of the fasted growing buy-to-let hotspots in the UK.

Bolton is an excellent investment hotspot due to its close proximity to Manchester and growth plan. Bolton has a wealth of future investment with £100m of projects recently in the pipeline to shape and transform its town centre. This will see the creation of 7,400 jobs and 1,800 mixed use homes which in turn will generate additional economic worth of £412m.

The continued development in Bolton has spurred on the local housing market, where property prices have increased by more than 24% in the last five years (Zoopla, May 2018), and as Manchester’s city centre becomes more and more oversubscribed this trend is likely to continue.

The apartment is currently tenanted and will provide immediate income to an investor. The local pool of potential student tenants is large and, with a location as good as this, Trinity Court is sure to have no problems maintaining rental yields in the future.

Financial Breakdown

Gross rent: £4,740
Ground rent: £200
Service charge: £780
Lettings fees: £455
Net income: £3,305
Gross yield: 10.53%
Net yield: 7.34%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-10700

Map & Nearby

Local Amenities

  • Bolton 0 miles
  • Moses Gate 1.6 miles
  • St Peter and St Paul RC Primary School 0.4 miles
  • The Personal Learning Centre 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Bolton 0 miles
  • Moses Gate 1.6 miles
  • St Peter and St Paul RC Primary School 0.4 miles
  • The Personal Learning Centre 0.4 miles

Market stats

Sale activity

Average estimated value for a flat in BL3:

  • £94,091
  • Price increase

  • £2,692
  • (2.945%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £65,416
  • Properties sold

    9

Rental opportunities

Not known

Recent sales nearby

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Estimated running costs

Based on available 3rd party data

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The Developer

Price history

Sold prices provided by Land Registry
11th Nov 2019 £45,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Yieldit. 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 Yieldit for full details and further information.