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Property Listing Details

Property details

Listing view statistics

Last 30 days: 135 page views

Since listed: 1542 page views

Description

Tenanted student investment opportunity in Bolton in popular development with high occupancy year round.

A central common room is the centre of Nelson square and offers students a place to relax together. The room is furnished with a pool table, table tennis and large projector to watch films on. As well as these other added extras include free fast Wi-Fi, free access to a resident’s gymnasium, concierge service, fob access and a study room.

This is the perfect investment for those looking for a hands-off purchase, with payments made directly to your bank account from the management company.

Bolton is a hugely popular and ever-growing student city and developments like Nelson square are a rarity, making them popular with discerning students looking to add a touch of luxury to their university experience.

Financial Breakdown

Gross rent: £3,740
Ground rent: £150
Service charge: £1,300
Lettings fees: £359
Net income: £1,931
Gross yield: 12.47%
Net yield: 6.44%

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-8304

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
  • Bolton Parish Church CofE Primary School 0.6 miles

Local map of the area

Map and Street 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
  • Bolton Parish Church CofE Primary School 0.6 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

£425 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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Your home may be repossessed if you do not keep up repayments on your mortgage.

The results are not provided by HSBC UK Bank plc and do not represent any particular mortgage product. Results are only indicative based on a repayment mortgage and are based solely on your inputs into the calculator. The monthly payments will depend on the product and repayment term you choose. Zoopla receive payment from HSBC UK Bank plc for this calculator and introductions resulting in decisions in principle.

The Developer

Price history

Sold prices provided by Land Registry
29th Aug 2018 £30,000 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.