Nelson Square
Bolton, BL1

£55,000 OIRO
1
Call Us 01204 363626

Features

  • INVESTMENT OPPORTUNITY
  • Studio Apartment
  • Sold With Tenant In Situ
  • Current Rental Income of £650pcm
  • Lift Access
  • Central Bolton Location
  • Council Tax Band: A

Description

Tenure: Leasehold

*** INVESTMENT OPPORTUNITY ***

Located in Provincial House, a popular rental spot in Bolton town centre, is this modern studio apartment offered for sale with LONG TERM TENANT IN SITU. Currently managed by ourselves with a rental income of £650pcm the property offers a yield around 7.3%.

Access to the property is via a secure communal door which leads to a staircase as well as the lift. The studio itself is made up of an open lounge/kitchen with separate bedroom area and a three piece shower room with storage surrounding the wc and basin. 

EPC rating: C. Council tax band: A, Tenure: Leasehold, Annual ground rent: £335.77, Annual ground rent review period (years): 190, Annual service charge: £3408.12, Service charge description: £284.01pcm
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Tenure & Council Tax Band

We are advised that the property is Leasehold £335.77 per annum with 190 years remaining) and within Bolton Council Tax Band A.

Disclaimer

These details are intended to give a fair description only and their accuracy cannot be guaranteed nor are any floor plans (if included) exactly to scale and the photographs were taken prior to the tenant moving in. These details do not constitute part of any contract and are not to be relied upon as statements of representation or fact. Intended purchasers are advised to recheck all measurements before committing to any expense and to verify the legal title of the property from their legal representative. Any contents shown in the images contained within these particulars will not be included in the sale unless otherwise stated or following individual negotiations with the vendor. Northwood have not tested any apparatus, equipment, fixtures, or services so cannot confirm that they are in working order and the property is sold on this basis.

Documents

EPC Certificate
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