Studio Flat For Sale, Nelson Square, Bolton BL1

Description

Yieldit is delighted to present a number of studio apartments to the market at The Pack Horse, all yielding between 7-8% net. These properties are fully furnished and include a double bed, fitted kitchen and en-suite with shower. It’s easy to see why The Pack Horse has proven popular with Bolton’s influx of students, offering a fantastic range of on-site facilities including a fully-equipped gym and a modern common room with pool tables, pinball machines, video games and even a large projector screen for movie nights, making it incredibly easy for residents to relax, unwind and socialise. Residents also benefit from secure bicycle storage, CCTV in the communal areas, a concierge reception service and laundry facilities.

The Pack Horse is a beautiful period building that was once the prestigious Pack Horse Hotel, which was transformed in 2012 to create the ultimate boutique student living experience. Located on Bradshawgate, only a 10 minute walk away from the University of Bolton, The Pack Horse has everything that Bolton has to offer on its doorstep! Bradshawgate is home to most of Bolton's bars and restaurants, alongside the recently renovated Market Place shopping centre and the newly opened Vaults which contains numerous restaurants and high street shops. It's no surprise that The Pack Horse is one of the most sought after developments in Bolton!

The University of Bolton has around 14,000 students, with over 8,000 living and travelling from areas outside the North West region.

Interested? Take a look at the financial projections below based on a ground floor studio. We have a number of investment opportunites available in this development, so please contact us today to request a full breakdown.

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

Financial Breakdown

Gross rent: £4,275
Ground rent: £150
Service charge: £1,357
Lettings fees: £513
Net income: £2,255
Gross yield: 14.25%
Net yield: 7.52%

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-16972

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Studio Flat For Sale £30,000 Nelson Square, Bolton BL1

Studio Flat For Sale £30,000
Nelson Square, Bolton BL1