Mr Investa Ltd says ..

Property Oracle says ..

This listing presents a studio apartment located within The Pack Horse, a building in Bolton town centre. The apartment is described as fully furnished and currently tenanted, suggesting immediate rental income potential. The building itself offers numerous amenities, including a communal gym and a common room with amenities such as table tennis, pool and a large TV. This is a key selling point for potential investors. The listing highlights an attractive yield of 8%, which is a significant factor for investors to consider. However, it is crucial to undertake thorough due diligence to validate this claim, and understand the potential management and maintenance costs associated with the property and building. The provided images showcase a modern, well-maintained communal area, suggesting a property well-managed by the management company. The location is described as being in Great Lever, Bolton. Nearby transport, educational facilities, and amenities are all within relatively easy reach adding to the investment potential of the property. However, it is important to note the property itself is a studio apartment with a small sqft and no outdoor space. This would impact the appeal to potential tenants. Further investigation into potential tenant demand in this area is recommended before any investment decisions are made. The average price of nearby properties varies significantly, indicating a diverse housing market in the area. Additional information on the specific condition of the individual apartment itself would be required for a more comprehensive property analysis. More local specific information on the local rental market is needed to provide a more thorough analysis on the price.

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

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