2 bed Flat For Sale £100,000
Yieldit are pleased to offer to the market this excellent two-bedroom apartment which comprises of; An entrance hallway leading into an open-plan living and kitchenette, two spacious double rooms, and a three-piece suite bathroom. Situated in Darcy Level, this property benefits from easy access to Bolton and its many amenities.
Bolton is 10 miles north-west of Manchester and lies between Manchester, Darwen, Blackburn, Chorley, Bury and Salford. Due to its close proximity to Manchester, it will continue to benefit from the unrivalled growth of the thriving Northern city and is always a popular choice for commuters looking for a place to rent outside of the city. Bolton is also home to The University of Bolton, which was named best in the North West for overall teaching quality and student satisfaction in The Sunday Times Good University Guide 2022, which means there will always be a population of students and employees of the university who are looking for a place to rent.
Bolton Council has committed to an ambitious period of growth which includes a £1 billion transformation across six locations in the town centre which will only broaden its appeal as a place to live, study and visit. The redevelopment of Crompton Place Shopping Centre plans to create a 110-bedroom hotel, 150 homes, office space, and mixed-use retail, leisure and dining space. The Market Place has undergone a £27m transformation to create a revitalised retail and leisure destination.
Financial Breakdown
Gross rent: £6,900
Ground rent: £250
Service charge: £1,200
Lettings fees: £621
Net income: £4,829
Gross yield: 6.9%
Net yield: 4.83%
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-06889
Bolton is 10 miles north-west of Manchester and lies between Manchester, Darwen, Blackburn, Chorley, Bury and Salford. Due to its close proximity to Manchester, it will continue to benefit from the unrivalled growth of the thriving Northern city and is always a popular choice for commuters looking for a place to rent outside of the city. Bolton is also home to The University of Bolton, which was named best in the North West for overall teaching quality and student satisfaction in The Sunday Times Good University Guide 2022, which means there will always be a population of students and employees of the university who are looking for a place to rent.
Bolton Council has committed to an ambitious period of growth which includes a £1 billion transformation across six locations in the town centre which will only broaden its appeal as a place to live, study and visit. The redevelopment of Crompton Place Shopping Centre plans to create a 110-bedroom hotel, 150 homes, office space, and mixed-use retail, leisure and dining space. The Market Place has undergone a £27m transformation to create a revitalised retail and leisure destination.
Financial Breakdown
Gross rent: £6,900
Ground rent: £250
Service charge: £1,200
Lettings fees: £621
Net income: £4,829
Gross yield: 6.9%
Net yield: 4.83%
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-06889
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