House For Sale Nelson Square, Bolton, BL1

8% NET YIELD!!\r
HIGH YIELDING CASH INVESTMENT\r
FULLY TENANTED & GENERATING IMMEDIATE INCOME\r
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Current Financial Performance for the 2023/24 Academic Year\r
Rental Income: £5,060 per annum (based on a 46 week contract at £110pw)\r
Service Charge: £2,011 per annum\r
Ground Rent: £125 per annum\r
Lettings Fee 9% + VAT: £546.48 per annum\r
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NET Income: £2,377.52 per annum\r
NET Yield: 7.9%\r
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Mr Investa are pleased to bring to the market this attractive buy-to-let cash investment opportunity with this spacious and fully furnished SUPERIOR STUDIO. This fantastic self contained unit is tenanted for immediate income from day one of ownership.\r
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The Pack Horse is situated in the heart of Bolton town centre on Nelson Square, within close proximity of Bolton University, shops, bars, restaurants and cafes. The development is also convenient for public transport, including regular bus and train services.\r
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These student properties offer an ideal opportunity for buy-to let investors looking for a fully managed hands off investment at an attractive price and offering a lucrative yield.\r
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This spacious Superior Studio flat comprises; private entrance, lounge with double bed, study desk with chair, fitted kitchenette with inset sink, hob, over head extractor and microwave, uPVC double glazed window, electric heater, wall mounted TV and access to a private ensuite shower room/WC.\r
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Residents benefit from the various communal areas within the building; an attractive entrance reception area with security intercom access, residents gym, equipped games room, lounge and outdoor patio area.\r
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NOTE TO PURCHASERS: Whilst all Information is believed to be correct, the information is provided via the seller and should always be check via yourself or legal representative. Mr Investa LTD does not accept any responsibility in respect of this information provided.