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1 bed flat for sale

£56,250

Nelson Square, Bolton BL1

1 1 1
Interested in this property? Call +44 1722 515751 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Large 1 Bed Apartment
  • Modern Interior
  • Secure Development
  • 9% Yield
  • Large Living Space
  • Central Location
  • Income Quarterly In Arrears
  • Fully Furnished
  • Fully Managed
  • Completed 2015

Property description

A spacious studio apartment with partitioned bedroom located in the centre of Bolton on Nelson Square. Fitted with luxury specification kitchen and bathroom, this property offers quality as well as space. Currently achieving a rental of £550pcm, this apartment presents an extremely healthy 9% yield, ideal for buy-to-let investors!

Lease details:

Ground rent: £350

Service charge: £850

Lease length: 198 years remaining

Measurements:

Living room - 4.1m x 5.05m

Bedroom - 2.55m x 2.60m

Bathroom - 2.41m x 1.38m
Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £161,385 Sales 757 Current average value £159,917 (Zoopla Zed-Index) Value change £2,534 ▲ 1.61%

Property value data/graphs for BL1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £346,324 £220 3.9 £306,309
Semi-detached £176,408 £173 3.1 £158,451
Terraced £97,099 £140 2.6 £100,596
Flats £115,745 £171 1.8 £108,480

Current asking prices in BL1

Average: £193,669
Avg. current asking prices in BL1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £93,725
(4)
£95,984
(84)
£181,543
(82)
£387,470
(47)
£472,011
(22)
Flats £54,925
(49)
£137,768
(58)
£134,998
(2)
- -
All £57,853
(53)
£113,050
(142)
£180,435
(84)
£387,470
(47)
£472,011
(22)

Current asking rents in BL1

Average: £607 pcm
Avg. current asking prices in BL1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £394 pcm
(10)
£492 pcm
(27)
£677 pcm
(16)
£1,000 pcm
(11)
£924 pcm
(4)
Flats £465 pcm
(30)
£566 pcm
(40)
£391 pcm
(3)
£1,101 pcm
(1)
£303 pcm
(1)
All £447 pcm
(40)
£536 pcm
(67)
£632 pcm
(19)
£1,009 pcm
(12)
£800 pcm
(5)

Fun facts for BL1

Highest value in BL1
Highest value streets Zed-Index
Victoria Road £791,030
Oakley Park £728,937
The Highgrove £606,552
Ravens Holme £504,534
Ravens Wood £485,310
Highest turnover in BL1
Highest turnover streets Turnover
Bazley Street 63.2%
Playfair Street 60.0%
Columbia Road 54.5%
St. Pauls Place 53.3%
Orchard Avenue 50.0%

What Zoopla users think of Bolton

Overall rating:

  • currently 3.5 stars
Good - 71% (310 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Bolton:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Bolton (0.2 miles)
  • Hall-i'-th'-Wood (1.5 miles)
  • Moses Gate (1.8 miles)
  • Manchester International Airport (16.7 miles)
  • Liverpool John Lennon Airport (24.2 miles)
  • Blackpool International Airport (28.1 miles)
  • Liverpool Belfast Ferry Terminal Bootle (25.6 miles)
  • Liverpool Pier Head Ferry Terminal (26.3 miles)
  • Liverpool Isle of Man & Dublin Terminal (26.4 miles)

Nearby schools

View all schools in Bolton
  • St Peter and St Paul RC Primary School (0.5 miles)
  • Bolton Parish Church CofE Primary School (0.5 miles)
  • Gaskell Community Primary School (0.7 miles)
  • Bolton Sixth Form College (0.4 miles)
  • The Young Mums Unit (0.6 miles)
  • Bolton College (0.6 miles)
  • Bolton Islamic Girls School (0.8 miles)
  • Bolton Muslim Girls School (1.0 mile)
  • Bolton School Boys' Division (1.0 mile)
Note: Distances are straight line measurements

Local info for Bolton

AskMe Q&A for Bolton

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For more information about this property, please contact
Cloud Homes, SP1 on +44 1722 515751 * (local rate)

Monthly running costs Beta

£402 Monthly total

Mortgage

Purchase price
Deposit (10%) 5,625
Repayment term 25
Interest rate 1.5
Your payment £202 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

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

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £99,000 Average insurance cost £20/mo (£241/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £17 Electricity £27 Estimated energy cost £44/mo

Similar properties could save up to £123

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5700 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Bolton

Estimated tax band A Council tax cost £108 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £13 Sewerage £15 Estimated water cost £28 /mo
Water costs explained

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.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Cloud Homes about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cloud Homes, and do not constitute property particulars. Please contact Cloud Homes for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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