Page main header

Skip to main content
Close main menu
Open main menu

Property Listing Details

Property details

  • 1 bathroom

Listing view statistics

Last 30 days: 36 page views

Since listed: 379 page views

Description

Nelson Square was transformed in 2012; previously the famous Pack Horse hotel, the development is now the premier student accommodation in Bolton.

Students are particularly fond of Nelson Square thanks to the outstanding quality of the apartments and its location only 10 minutes away from the local university and in the heart of the town. Unlike the nearby cities of Manchester and Liverpool, Bolton has a real lack of student accommodation, meaning that apartments like this are always in high demand.

The development features large communal area acts as the social hub of the development, with pinball machines, pool tables and a projector for films. In the pod there is free Wi-Fi and a wall mounted LCD TV. Also worth noting are the laundry room, gym, communal kitchen and reading room, giving residents lots of space and different areas to help keep their university lives stress-free.

The apartments are let and managed by primo on behalf of the investor, making this an easy hand-off buy-to-let investment.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £4,335
Ground rent: £150
Service charge: £1,300
Lettings fees: £416
Net income: £2,469
Gross yield: 13.55%
Net yield: 7.72%

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-4298

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

£446 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 association with

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
31st Oct 2018 £32,000 Price reduced by £500
31st Oct 2018 £32,500 Price reduced by £14,500
30th Oct 2018 £47,000 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.