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 %
- Est sale value
- 49,728.80 £Decreased by 57.12 %
- Average area rental value
- 1,864.00 £/moIncreased by 17.16 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 4.07 %Decreased by 11.33 %
- Crime Rate
- 0.00 %
Agent Activity
Mr Investa Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bolton Sixth Form College | Further Education | Good | 1.02 KM |
| St Peter And St Paul Rc Primary School | Voluntary Aided School | Good | 1.07 KM |
| The Olive School, Bolton | Free Schools | Outstanding | 1.08 KM |
| University Of Bolton | Higher Education Institutions | Good | 1.12 KM |
| Harvey Start Well Link Centre | Children's Centre | 1.15 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wood Street | £ 240,000 | 0 | 0.00 KM |
| Bolton View | £ 0 | 0 | 0.00 KM |
| Deansgate | £ 0 | 0 | 0.00 KM |
| Skylink | £ 95,000 | 0 | 0.00 KM |
| Lomax's Buildings | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bolton | 2599 | BON | 0.43 KM |
| Hall-I'-Th'-Wood | 2572 | HID | 2.67 KM |
| Moses Gate | 2606 | MSS | 3.76 KM |
| Bromley Cross (Lancs) | 2697 | BMC | 4.41 KM |
| Farnworth | 2811 | FNW | 5.33 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Portfolio of 15 Units, The Pack Horse, Nelson Square, Bolton, BL1 | £ 450,000 | BUY | 5 / 10 | 0.01 KM |
| The Pack Horse, Nelson Square, Bolton, BL1 | £ 30,000 | BUY | 5 / 10 | 0.01 KM |
| The Pack Horse, Nelson Square, Bolton | £ 40,000 | BUY | 5 / 10 | 0.02 KM |
| The Pack Horse, Nelson Square, Bolton | £ 40,000 | BUY | Unknown | 0.02 KM |
| The Pack Horse, Nelson Square, Bolton | £ 29,500 | BUY | 5 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 19 Deansgate | £ 7,500 | 0.18 KM |
| 13 - 15 Princess Street | £ 99,500 | 0.23 KM |
| 16 Deansgate | £ 530,000 | 0.23 KM |
| 40 Clivedale Place | £ 68,995 | 0.25 KM |
| 29 Clivedale Place | £ 52,000 | 0.25 KM |