1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (247 years remaining)
- Well Presentewd Throughout
- Currently Used As A Short Term Corporate Let
- Annual Income £9,669.96
- Gross yield 11.4%, Net yield 9.7%
- 247 Years Remaining On Lease
- Bolton Town Centre
### CASH BUYERS ONLY ###
Pure Investor brings to the market two 1-bedroom apartments for sale in Bolton. Both apartments are being used on a corporate short term let basis and generate around £9,670.00 per annum resulting in a 10.2% yield. Both apartments are similar in still and design however they differ slightly in size and layout, with the larger unit (number 35) being a corner unit resulting dual aspect windows. The managing agent My Property Host have made us aware they would be happy to continue working with any new potential buyer with the current landlords providing a glowing reference for them. Any additional documentation can be provided if a buyer provides proof of funding or mortgage in principal.
* Purchase price: £85,000.00
* Average of previous 6 months rental period (letting agency fees included): £805.83pcm
* Service charge: £1,140.00 per annum
* Ground rent: £250.00 per annum
* Gross yield: 11.4%
* Net yield: 9.7%
* Full address: 35 Stone Cross House, 21 - 27 Churchgate, Bolton BL1 1HU
* Property type: 1-bedroom apartment
* 1 bathroom
* No parking
* No garden space
* Leasehold - 247 years remaining
* Apartment is rented out on a short term corporate let basis.
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on January 25, 2024
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 25, 2024
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Energy Performance data and Internal floor area
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