The Pack Horse, Nelson Square, Bolton, BL1
MR

The Pack Horse, Nelson Square, Bolton, BL1

By Mr Investa Ltd

£ 30,000

Reviews

2 out of 5 stars

Mr Investa Ltd says ..

8% NET YIELD!! Mr Investa are pleased to bring to the market this attractive buy-to-let cash investment opportunity with this spacious and fully furnished 222sqft SUPERIOR STUDIO. This fantastic self contained unit is tenanted for immediate income from day one of ownership.

Property Oracle says ..

This listing presents a studio apartment situated within The Pack Horse building in Bolton town centre. The property is described as a buy-to-let opportunity, suggesting it’s part of a larger student accommodation development. The images show a modern, well-furnished studio with a small kitchenette and en-suite bathroom. The building itself appears to feature communal facilities such as a gym and common areas, adding to its appeal as a rental property.

The location is advantageous due to its proximity to Bolton train station and several educational facilities. However, the lack of information about the specific condition of the building itself and further details about potential service charges and building maintenance costs prevents a more complete analysis.

While the list price seems competitive when considering similar nearby listings, a detailed assessment of the property’s condition, including potential hidden structural problems and running costs, is crucial before making a purchasing decision. Further information regarding lease terms, rental income, and service charges is needed before an informed investment decision could be made. The absence of a garden or private outdoor space is important to note for those seeking such features.

Potential buyers should conduct a thorough survey and seek professional advice to assess the long-term financial viability and potential risks associated with purchasing this studio apartment.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
226.04

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
550,000.00 £
Increased by 32.27 %
from 415,822.00 £
Est sale value
49,728.80 £
Decreased by 57.12 %
from 115,958.52 £
Average area rental value
1,864.00 £/mo
Increased by 17.16 %
from 1,591.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 226.04 £/mo
Est rental Yield
4.07 %
Decreased by 11.33 %
from 4.59 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Mr Investa Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Bolton Sixth Form CollegeFurther EducationGood1.02 KM
St Peter And St Paul Rc Primary SchoolVoluntary Aided SchoolGood1.07 KM
The Olive School, BoltonFree SchoolsOutstanding1.08 KM
University Of BoltonHigher Education InstitutionsGood1.12 KM
Harvey Start Well Link CentreChildren's Centre1.15 KM

Images

Superior Studio Superior Studio The Pack Horse Kitchenette Ensuite Staircase Gym Games Area Games Area Communal Lounge The Pack Horse Bolton Aerial View Communal Staircase Gym Communal Lounge Reception

Nearby Streets

NameAverage PriceAverage SqftDistance
Wood Street £ 240,00000.00 KM
Bolton View £ 000.00 KM
Deansgate £ 000.00 KM
Skylink £ 95,00000.00 KM
Lomax's Buildings £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bolton2599BON0.43 KM
Hall-I'-Th'-Wood2572HID2.67 KM
Moses Gate2606MSS3.76 KM
Bromley Cross (Lancs)2697BMC4.41 KM
Farnworth2811FNW5.33 KM

Nearby Listings

AddressPriceTypeScoreDistance
Portfolio of 15 Units, The Pack Horse, Nelson Square, Bolton, BL1 £ 450,000BUY5 / 100.01 KM
The Pack Horse, Nelson Square, Bolton, BL1 £ 30,000BUY5 / 100.01 KM
The Pack Horse, Nelson Square, Bolton £ 40,000BUY5 / 100.02 KM
The Pack Horse, Nelson Square, Bolton £ 40,000BUYUnknown0.02 KM
The Pack Horse, Nelson Square, Bolton £ 29,500BUY5 / 100.02 KM

Nearby Properties

AddressPriceDistance
19 Deansgate £ 7,5000.18 KM
13 - 15 Princess Street £ 99,5000.23 KM
16 Deansgate £ 530,0000.23 KM
40 Clivedale Place £ 68,9950.25 KM
29 Clivedale Place £ 52,0000.25 KM