The Bank, 113-117 Deansgate, Bolton, BL1
For Sale : GBP 32500
Details
Bath Rooms
1
Property Type
Studio
Description
Property Details: • Type: Studio • Tenure: N/A • Floor Area: N/A
Key Features: • Stunning Studio Apartment • 1st Floor • Bolton Town Centre Location • Generating Immediate Income • Fully Furnished • Fantastic Transport Links • Convenient For Shops, Bars & Restaurants • Low Entry Price Property Investment • 8.9% NET Yield • Tenanted Until August 2025
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: Mr Investa, Blue Tower, MediaCityUK, M50 2ST
Full Description: 8.9% NET YIELD!! NEW TENANCY UNTIL AUGUST 2025!! HIGHLY ATTRACTIVE CASH INVESTMENT PROPERTY
Financial Performance: Rental Income: £115pw / £5,865 per annum on a 51-week contract. Service Charge: £1,832.93 per annum Ground Rent: £350 per annum Lettings Fee 11% + VAT: £774.18 per annum
NET INCOME: £2,907.89 per annum NET YIELD: 8.9%
Mr Investa are pleased to present to the market this spacious studio apartment located on the 1st floor of this attractive building in the centre of Bolton Town Centre. Offering immediate income, this would be perfect for first time investors or a great addition to an existing portfolio.
The Bank is a popular choice for both students and professionals looking for convenient and affordable living in Bolton Town Centre.
This prestigious building was the former Lloyds Bank and has been tastefully modernised to a high standard to create 28 luxury boutique studios, complete with en-suite facilities and fully fitted kitchenettes - perfect for independent living.
The studios are arranged over 3 floors and to encourage the development of friendships and a sense of community, each floor has its own luxury fitted communal kitchen.
Tenanted Until 29th August 2025
With a superb location, just a short stroll from the University of Bolton (less than 10 minutes) and the local train station. The Bank is located in the quieter area of the town centre, accessibility of retail, leisure and cultural activities couldn't be better. The Octagon Theatre (where you can enjoy nationally acclaimed productions) is less than a 5-minute walk away.
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 does not accept any responsibility in respect of this information provided.
Location
Address
The Bank, 113-117 Deansgate, Bolton, BL1
City
Bolton
Features And Finishes
Stunning Studio Apartment, 1st Floor, Bolton Town Centre Location, Generating Immediate Income, Fully Furnished, Fantastic Transport Links, Convenient For Shops, Bars & Restaurants, Low Entry Price Property Investment, 8.9% NET Yield, Tenanted Until August 2025
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Real Estate Broker
Mr Investa Ltd, Salford
Brokerage
Mr Investa Ltd, Salford
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