1 bedroom apartment

Stone Cross House, 21-27

Size: sqm

Purchase price

£90,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,240
Ground rent £250
Service charge £900
Net income £5,090
Gross yield 6.78%
Net yield 5.53%

This excellent apartment is located in Bolton’s first luxury city living development in an unbeatable central location with all necessary amenities and transport links on it’s doorstep. The property consists of a high specification kitchen within a spacious living area, stylish bathroom and double bedroom.

Bolton is 10 miles north-west of Manchester and lies between Manchester, Darwen, Blackburn, Chorley, Bury and Salford. Due to it’s close proximity to Manchester it will continue to benefit from the growth of the thriving city and is always a popular choice for commuters looking for a place to rent outside of the city. It’s 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 have committed to an ambitious period of growth which includes a £1billion transformation across six locations in the town centre which will only broaden it’s 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 a mixed-use retail, leisure and dining space and the Market Place has undergone a £27m transformation to create a revitalised retail and leisure destination.

The property prices in Bolton reflect the growth the city is experiencing, properties had an overall average price of £199,930 over the last year and sold prices had a huge increase of 12% on the previous year which was 21% up on the 2019 peak of £165,373 (Rightmove). There hasn’t ever been a better time to invest in property in Bolton so don’t miss out and enquire today.

ATTENTION INVESTORS - STYLISH ONE BEDROOM APARTMENT IN BOLTON GENERATING A FANTASTIC 5.66% NET YIELD! Enquire today and don't miss out on this excellent investment opportunity.

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted investment opportunity

Key features

Impressive 5.66% NET yield with scope to increase

Key features

Potential NET yield of 6.72%

Key features

One double bedroom apartment

Key features

Located on the second floor

Key features

Luxury development in Bolton

Key features

Unrivalled location

Key features

Excellent amenities and transport links

ATTENTION INVESTORS - STYLISH ONE BEDROOM APARTMENT IN BOLTON GENERATING A FANTASTIC 5.66% NET YIELD! Enquire today and don't miss out on this excellent investment opportunity. More info...

This excellent apartment is located in Bolton’s first luxury city living development in an unbeatable central location with all necessary amenities and transport links on it’s doorstep. The property consists of a high specification kitchen within a spacious living area, stylish bathroom and double bedroom.

Bolton is 10 miles north-west of Manchester and lies between Manchester, Darwen, Blackburn, Chorley, Bury and Salford. Due to it’s close proximity to Manchester it will continue to benefit from the growth of the thriving city and is always a popular choice for commuters looking for a place to rent outside of the city. It’s 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 have committed to an ambitious period of growth which includes a £1billion transformation across six locations in the town centre which will only broaden it’s 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 a mixed-use retail, leisure and dining space and the Market Place has undergone a £27m transformation to create a revitalised retail and leisure destination.

The property prices in Bolton reflect the growth the city is experiencing, properties had an overall average price of £199,930 over the last year and sold prices had a huge increase of 12% on the previous year which was 21% up on the 2019 peak of £165,373 (Rightmove). There hasn’t ever been a better time to invest in property in Bolton so don’t miss out and enquire today.

  • Key features
    Tick Desktop Tenanted investment opportunity
    Tick Desktop Impressive 5.66% NET yield with scope to increase
    Tick Desktop Potential NET yield of 6.72%
    Tick Desktop One double bedroom apartment
    Tick Desktop Located on the second floor
    Tick Desktop Luxury development in Bolton
    Tick Desktop Unrivalled location
    Tick Desktop Excellent amenities and transport links
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £6,240
Ground rent £250
Service charge £900
Net income £5,090
Gross yield 6.78%
Net yield 5.53%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.