£51,500
Studio for saleTrinity Church, Trinity Street, Bolton BL3
1 bath
1 reception
EPC Rating: C
- Leasehold
Yieldit
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About this property
Cash buyers only
Excellent investment opportunity
Grade II listed building
Recently fully redecorated
Modern design throughout
Located opposite Bolton Station
Fantastic transport routes
Secure entry
Laundry facilities
Furnished
Trinity Church, Trinity Street, Bolton
This stylish studio apartment is close to the centre of Bolton as well as the local train station and the city university. Bolton is one of the best buy-to-let markets in the UK. The area contains a great selection of shops, bars and restaurants, and great public transport options.
Located within minutes walk from Bolton train station, Trinity Church is ideally located in the city centre with great transport links and access to Bolton University. The location opposite the train station also means that residents are only a short journey away from the bustling Manchester City Centre - one of the fastest growing buy-to-let hotspots in the UK.
The local pool of potential tenants is large and, with a location as good as this, Trinity Church is sure to have no problems maintaining rental yields in the future.
Bolton is undergoing a significant investment programme, with £100m of projects underway which will shape and transform its town centre. This will see the creation of 7,400 jobs and 1,800 mixed use homes which in turn will generate additional economic worth of £412m.
The continued development in Bolton has spurred on the local housing market, where property prices have increased dramatically within recent years and as Manchester City Centre becomes more and more oversubscribed this trend is likely to continue.
Financial Breakdown
Gross Rent: £5,580.00
Net income: £3,532.08
Gross yield: 10.83%
Net yield: 6.86%
Please contact agent for full financial breakdown.
Important note to purchasers: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08006
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Tenure
Leasehold (188 years)
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Ground rent
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