We are pleased to present this chance to invest in the famous ex Pack Horse Hotel in Bolton. It was transformed in 2012 into luxury student accommodation. Located only ten minutes away from the university The Pack Horse is perfectly placed and is a popular choice amongst students.
This unit offered is a spacious en-suite bedroom with LCD TV, plenty of storage and work station.
The beautiful period building on Nelson Square offers students all sorts of amenities. 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 as well as onsite laundry facilities, a private residents gym and study room all situated within the development.
The development is managed by Primo Property Management, who are anuk accredited management service.
Enquire now to not miss out on this opportunity.
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
Gross rent: £4,275 Ground rent: £150 Service charge: £1,300 Lettings fees: £410 Net income: £2,415 Gross yield: 15.83% Net yield: 8.94%
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.
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Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
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Full information on Council Tax discount entitlements can be found on the Gov.UK's website.