Studio apartment

Apartment 120 The Pack Horse, Nelson Square, Bolton BL1 1DP

Size: 15.1 sqm

Purchase price

£30,000

Size: 15.1 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £4,275
Ground rent £150
Service charge £1,358
Lettings fees £513
Net income £2,254
Gross yield 14.25%
Net yield 7.51%

**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 Pack Horse is a beautiful renovation of the former Pack Horse Hotel in Bolton and provides boutique student living in the heart of Bolton town centre.

The developments boasts a host of extra amenities for residents including FOB access, a movie projector, reading room, modern gymnasium, laundry facilities and free Wi-Fi as well as wall mounted LCD televisions.

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.

Experienced block management agents PRIMO has a national presence, managing both student and residential accommodation in Bolton, Glasgow, Leeds, Manchester (Fallowfield), Nottingham, Sheffield and Plymouth and come highly regarded by investors and tenants alike.

This is a unique opportunity to invest in a stunning period conversion with excellent returns and management in place meaning you know your purchase is in safe hands.

LET FOR 2020/21 ACADEMIC YEAR - Attention Investors! Diversify your portfolio with Purpose Built Student Accommodation in the heart of Bolton. Low entry price and strong returns

Interested in this property? Enquire today for more information

Key features

Key features

Taking Bookings for 2020/21 Academic Year

Key features

Let & Managed By A Professional Management Company

Key features

Gymnasium

Key features

Study Area/Work Station

Key features

Concierge and CCTV

Key features

Common Room with Pool Table & Cinema Projector

Key features

ARMCHAIR INVESTMENT

LET FOR 2020/21 ACADEMIC YEAR - Attention Investors! Diversify your portfolio with Purpose Built Student Accommodation in the heart of Bolton. Low entry price and strong returns 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 Pack Horse is a beautiful renovation of the former Pack Horse Hotel in Bolton and provides boutique student living in the heart of Bolton town centre.

The developments boasts a host of extra amenities for residents including FOB access, a movie projector, reading room, modern gymnasium, laundry facilities and free Wi-Fi as well as wall mounted LCD televisions.

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.

Experienced block management agents PRIMO has a national presence, managing both student and residential accommodation in Bolton, Glasgow, Leeds, Manchester (Fallowfield), Nottingham, Sheffield and Plymouth and come highly regarded by investors and tenants alike.

This is a unique opportunity to invest in a stunning period conversion with excellent returns and management in place meaning you know your purchase is in safe hands.

  • Key features
    Tick Desktop Taking Bookings for 2020/21 Academic Year
    Tick Desktop Let & Managed By A Professional Management Company
    Tick Desktop Gymnasium
    Tick Desktop Study Area/Work Station
    Tick Desktop Concierge and CCTV
    Tick Desktop Common Room with Pool Table & Cinema Projector
    Tick Desktop ARMCHAIR INVESTMENT
  • 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 £4,275
Ground rent £150
Service charge £1,358
Lettings fees £513
Net income £2,254
Gross yield 14.25%
Net yield 7.51%

*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.