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Property Listing Details

Property details

  • 1 bathroom

Listing view statistics

Last 30 days: 159 page views

Since listed: 1386 page views

Description

The Bank is a perfect addition to Bolton’s student property market, offering premium studio apartments for the under-supplied student accommodation market in the busy university town. Bolton is creeping up the ranks as a lucrative student accommodation investment hotspot to the more than 14,000 who call the town home.

Given the success of its sister development The Pack Horse in Bolton, The Bank has proven equally popular with tenants and investors alike. The Bank’s spacious rooms and state-of-the-art communal facilities are perfect for tenants, and the town’s growing student population makes it perfect for investors.

Financial Breakdown

Gross rent: £3,960
Ground rent: £175
Service charge: £1,400
Lettings fees: £380
Net income: £2,005
Gross yield: 12.18%
Net yield: 6.17%

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-5833

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

  • -£1,308
  • (-1.077%)
  • 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
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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
16th Nov 2018 £32,500 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.