Skip to main content

Property Listing Details

Property details

  • 1 bathroom

Listing view statistics

Last 30 days: 230 page views

Since listed: 2846 page views

Description

**please note! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

The famous Pack Horse Hotel in Bolton was transformed in 2012 into luxury student accommodation. Ten minutes away from the university The Pack Horse is perfectly placed.

This unit is a spacious en-suite bedroom with LCD TV, plenty of storage and work station.

This beautiful period building offers students all sorts of amenities, but it was security which was a key priority during the renovation. Inside there is CCTV in all communal areas and the electronic key fobs mean only resident students can enter and leave the property. In addition secure bike storage encourages students to get around town in a healthy and environmentally friendly way.

The large communal area, the hotel’s old ballroom, acts as the social hub of the property, with pinball machines, pool tables and a projector for movies. In the studios the luxury doesn’t end, with free Wi-Fi and wall mounted LCD TVs.

Also worth noting are the laundry room, gym, and reading room which give residents lots of space and different areas to help keep their university lives stress-free. Primo, the anuk accredited management service in charge of The Pack Horse, offer edYOUcate. This free service offers CV tips and help, taking even more stress off students’ backs when it comes to life after university.

The company has a national presence, managing both student and residential accommodation in Bolton, Glasgow, Leeds, Manchester (Fallowfield), Nottingham, Sheffield and Plymouth. The floods of recommendations they receive every year are proof that their properties are both impressive on paper, and in reality.

Financial Breakdown

Gross rent: £4,050
Ground rent: £150
Service charge: £1,300
Lettings fees: £389
Net income: £2,211
Gross yield: 12.86%
Net yield: 7.02%

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-10079

Map & Nearby

Local Amenities

  • Bolton 0.3 miles
  • Hall-i'-th'-Wood 1.5 miles
  • St Peter and St Paul RC Primary School 0.5 miles
  • Gaskell Community Primary School 0.6 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Bolton 0.3 miles
  • Hall-i'-th'-Wood 1.5 miles
  • St Peter and St Paul RC Primary School 0.5 miles
  • Gaskell Community Primary School 0.6 miles

Market stats

Sale activity

Average estimated value for a flat in BL1:

  • £119,271
  • Price decrease

  • -£9,517
  • (-7.390%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £106,064
  • Properties sold

    60

Rental opportunities

£511 pcm

Recent sales nearby

See all recent sales in BL1
Switch to next tab

Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Developer

Price history

Sold prices provided by Land Registry
12th Jun 2018 £31,500 First listed

Want an expert valuation of your home?

Book an agent valuation
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.