Studio for sale in BL1, 0 Bedroom

Tenanted student investment opportunity in Bolton in popular development with high occupancy year round.

A central common room is the centre of Nelson square and offers students a place to relax together. The room is furnished with a pool table, table tennis and large projector to watch films on. As well as these other added extras include free fast Wi-Fi, free access to a resident’s gymnasium, concierge service, fob access and a study room.

This is the perfect investment for those looking for a hands-off purchase, with payments made directly to your bank account from the management company.

Bolton is a hugely popular and ever-growing student city and developments like Nelson square are a rarity, making them popular with discerning students looking to add a touch of luxury to their university experience.

Financial Breakdown

Gross rent: £4,335
Ground rent: £150
Service charge: £1,300
Lettings fees: £416
Net income: £2,469
Gross yield: 13.55%
Net yield: 7.72%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-4297