Studio apartment

The Bank, 113-117 Deansgate, Bolton, BL1 1HB

Size: sqm

Purchase price

£40,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,355
Ground rent £175
Service charge £1,484
Lettings fees £643
Net income £3,053
Gross yield 13.39%
Net yield 7.63%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! NOT SUITABLE FOR OWNER OCCUPIERS!

**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!

yieldit are pleased to present this excellent studio apartment at The Bank, Bolton.

This tenanted studio apartment comes fully furnished and with a tenant already in situ offering an immediate income.

The Bank is a perfect addition to Bolton’s student property market, offering premium studio apartments for the under-supplied student accommodation market in the busy university town. Bolton is creeping up the ranks as a lucrative student accommodation investment hotspot to the more than 14,000 who call the town home.

Bolton is a major player within the economy of Greater Manchester, which in turn is at the centre of the Government’s Northern Powerhouse strategy. This aims to revitalise major towns, cities and business hubs across the north of England, to fully release their potential for growth and improvement.

As part of this master plan, Bolton Town Council has formed a development fund worth £100 million, which has attracted more than £1 billion worth of investment and development. The Council is now actively considering a range of possible joint ventures to ensure Bolton becomes what they call a “super-connected digital city.” It represents the sixth part of the master plan that will ultimately completely transform Bolton by 2030.

** Images shown are of a show apartment and may not be representative of the property for sale **

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! Student investment opportunity in Bolton offering immediate income!

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Student investment

Key features

Tenanted

Key features

Fully furnished

Key features

Fully managed

Key features

Studio apartment

Key features

Popular student development

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! Student investment opportunity in Bolton offering immediate income! More info...

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! NOT SUITABLE FOR OWNER OCCUPIERS!

**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!

yieldit are pleased to present this excellent studio apartment at The Bank, Bolton.

This tenanted studio apartment comes fully furnished and with a tenant already in situ offering an immediate income.

The Bank is a perfect addition to Bolton’s student property market, offering premium studio apartments for the under-supplied student accommodation market in the busy university town. Bolton is creeping up the ranks as a lucrative student accommodation investment hotspot to the more than 14,000 who call the town home.

Bolton is a major player within the economy of Greater Manchester, which in turn is at the centre of the Government’s Northern Powerhouse strategy. This aims to revitalise major towns, cities and business hubs across the north of England, to fully release their potential for growth and improvement.

As part of this master plan, Bolton Town Council has formed a development fund worth £100 million, which has attracted more than £1 billion worth of investment and development. The Council is now actively considering a range of possible joint ventures to ensure Bolton becomes what they call a “super-connected digital city.” It represents the sixth part of the master plan that will ultimately completely transform Bolton by 2030.

** Images shown are of a show apartment and may not be representative of the property for sale **

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Student investment
    Tick Desktop Tenanted
    Tick Desktop Fully furnished
    Tick Desktop Fully managed
    Tick Desktop Studio apartment
    Tick Desktop Popular student development
  • 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 £5,355
Ground rent £175
Service charge £1,484
Lettings fees £643
Net income £3,053
Gross yield 13.39%
Net yield 7.63%

*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.