Studio for sale
Trinity Church, Trinity Street, Bolton BL3
- Investment
£49,500
Property Listing Details
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Property details
Listing view statistics
Last 30 days: 114 page views
Since listed: 1678 page views
Description
This 22 sqm Studio is close to the centre of Bolton as well as the local train station and the city university. Bolton is a large student hub in Greater Manchester and is one of the best buy-to-let markets in the UK. The area contains a great selection of shops, bars and restaurants, and great public transport options.
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, September 2018), and as Manchester’s city centre becomes more and more oversubscribed this trend is likely to continue.
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Financial Breakdown
Gross rent: £4,740
Ground rent: £175
Service charge: £630
Lettings fees: £455
Net income: £3,480
Gross yield: 9.58%
Net yield: 7.03%
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-12508
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, September 2018), and as Manchester’s city centre becomes more and more oversubscribed this trend is likely to continue.
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Financial Breakdown
Gross rent: £4,740
Ground rent: £175
Service charge: £630
Lettings fees: £455
Net income: £3,480
Gross yield: 9.58%
Net yield: 7.03%
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-12508
Links for this property
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
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 knownRecent sales nearby
-
-
66 Dove Bank Road
- £215,000
-
18th Oct 2019
-
Terraced house
-
-
-
44 The Church, Crook Street
- £52,500
-
2nd Sep 2019
-
Flat
-
-
-
23 The Knave, Crook Street
- £52,500
-
16th Aug 2019
-
Flat
-
Estimated running costs
Based on available 3rd party data
Approximate costs
£
per month
- Mortgage £ p/m
- Energy from £43 p/m
- Water from £28 p/m
- Council tax £108 p/m
- Home insurance Not known
Mortgage calculator
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The Developer
Price history
Sold prices provided by Land Registry
29th Apr 2019
£49,500
Price reduced by £5,500
14th Sep 2018
£55,000
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.
