Studio apartment

The Pack Horse, Nelson Square, Bolton BL1 1DP

Size: 13.53 sqm

Purchase price

£31,500

Size: 13.53 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £4,050
Ground rent £125
Service charge £1,300
Lettings fees £389
Net income £2,236
Gross yield 12.86%
Net yield 7.10%

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

The famous Pack Horse Hotel in Bolton was transformed in 2012 into luxury student accommodation. Ten minutes away from the university The Pack Horse is perfectly placed.

This unit is a spacious en-suite bedroom with LCD TV, plenty of storage and work station.

This beautiful period building offers students all sorts of amenities, but it was security which was a key priority during the renovation. Inside there is CCTV in all communal areas and the electronic key fobs mean only resident students can enter and leave the property. In addition secure bike storage encourages students to get around town in a healthy and environmentally friendly way.

The large communal area, the hotel’s old ballroom, acts as the social hub of the property, with pinball machines, pool tables and a projector for movies. In the studios the luxury doesn’t end, with free Wi-Fi and wall mounted LCD TVs.

Also worth noting are the laundry room, gym, and reading room which give residents lots of space and different areas to help keep their university lives stress-free. PRIMO, the ANUK accredited management service in charge of The Pack Horse, offer edYOUcate. This free service offers CV tips and help, taking even more stress off students’ backs when it comes to life after university.

The company has a national presence, managing both student and residential accommodation in Bolton, Glasgow, Leeds, Manchester (Fallowfield), Nottingham, Sheffield and Plymouth. The floods of recommendations they receive every year are proof that their properties are both impressive on paper, and in reality.

Excellent investment opportunity earning 7% NET YIELD – a spacious en-suite bedroom in a converted period hotel in the heart of Bolton

Interested in this property? Enquire today for more information

Key features

Key features

En-suite Rooms with Work Station & LCD TV

Key features

Common Room with Pool Table & Cinema Style Project

Key features

Let & Managed By A Professional Management Company

Key features

WiFi

Key features

Gymnasium

Key features

Concierge and CCTV

Key features

Unique Opportunity to View and Purchase a Great In

Key features

CASH BUYERS

Key features

DEVELOPMENT FULLY LET

Excellent investment opportunity earning 7% NET YIELD – a spacious en-suite bedroom in a converted period hotel in the heart of Bolton More info...

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!

The famous Pack Horse Hotel in Bolton was transformed in 2012 into luxury student accommodation. Ten minutes away from the university The Pack Horse is perfectly placed.

This unit is a spacious en-suite bedroom with LCD TV, plenty of storage and work station.

This beautiful period building offers students all sorts of amenities, but it was security which was a key priority during the renovation. Inside there is CCTV in all communal areas and the electronic key fobs mean only resident students can enter and leave the property. In addition secure bike storage encourages students to get around town in a healthy and environmentally friendly way.

The large communal area, the hotel’s old ballroom, acts as the social hub of the property, with pinball machines, pool tables and a projector for movies. In the studios the luxury doesn’t end, with free Wi-Fi and wall mounted LCD TVs.

Also worth noting are the laundry room, gym, and reading room which give residents lots of space and different areas to help keep their university lives stress-free. PRIMO, the ANUK accredited management service in charge of The Pack Horse, offer edYOUcate. This free service offers CV tips and help, taking even more stress off students’ backs when it comes to life after university.

The company has a national presence, managing both student and residential accommodation in Bolton, Glasgow, Leeds, Manchester (Fallowfield), Nottingham, Sheffield and Plymouth. The floods of recommendations they receive every year are proof that their properties are both impressive on paper, and in reality.

  • Key features
    Tick Desktop En-suite Rooms with Work Station & LCD TV
    Tick Desktop Common Room with Pool Table & Cinema Style Project
    Tick Desktop Let & Managed By A Professional Management Company
    Tick Desktop WiFi
    Tick Desktop Gymnasium
    Tick Desktop Concierge and CCTV
    Tick Desktop Unique Opportunity to View and Purchase a Great In
    Tick Desktop CASH BUYERS
    Tick Desktop DEVELOPMENT FULLY LET
  • LocationLocation

*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 £4,050
Ground rent £125
Service charge £1,300
Lettings fees £389
Net income £2,236
Gross yield 12.86%
Net yield 7.10%

*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.