* Investment Opportunity *
Description
A substantial terrace property set over three floors with five self-contained rented flats producing a combined gross of circa £30,500 which equates to an attractive 12% return based against the guide price - certainly one for addition to any discerning investors portfolio.
Situated in a prominent position conveniently located for daily amenities and within easy reach of Bolton Town Centre, Motorway & Rail Links.
viewing is highly recommended.
Accommodation
Ground Floor
The ground floor consists of entrance vestibule, hallway with staircase leading to the first floor and under stair storage cupboard.
Flat 1
Hallway, Lounge with front facing Bay window, Shower Room and Double Bedroom.
Flat 2
Studio with combined Lounge & Bedroom, Kitchen with access to the rear yard and Shower Room with separate WC.
First Floor
has a spacious landing and staircase leading to the second floor.
Flat 3
Hallway, Shower Room and open plan Lounge, Kitchen & Bedroom.
Flat 4
Hallway, Lounge, Kitchen, Bedroom & Shower Room.
Second Floor
landing with rear facing window with rear facing window.
Flat 5
Lounge with front facing Velux window and substantial eaves storage, open plan to the Kitchen, Bathroom and Double Bedroom with storage cupboard.
Externally
there is a paved courtyard to the front and private rear yard with outhouse.
Tenure
Leasehold. The property is held on a 990 year lease from 25th October 1900 (thus approximately 864 years unexpired).
Council Tax Band
A
Lease Start Date
25/10/1900
Lease Duration
990 years (865 years unexpired)
Annual Ground Rent
£6
EPC Rating
Flat 1 - C
Flat 2 - C
Flat 3 - C
Flat 4 - C
Flat 5 - D
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
In addition to the deposit Administration Charge: 1.2% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT
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- 5 Bedrooms
- Tenure: Leasehold. The property is held on a 990 year lease from 25th October 1900 (thus approximately 864 years unexpired).
- Unconditional (Immediate Exchange)
Call the team on 0161 925 3254 for more information
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