Studio for sale in BL1, 0 Bedroom

, , UK

Quick Summary

Property Type:
Studio
Status:
For sale
Price
£ 33,750
Beds:
0
Baths:
1
Recepts:
1
County
Town
Outcode
BL1
Location
The Pack Horse, Nelson Square, Bolton BL1
Marketed By:
Yieldit
Posted
2024-02-19
BL1 Rating:





More Info?
Please contact Yieldit on 0161 506 9203 or Request Details

Property Description

This stunning studio apartment is fully furnished and includes a double bed, fitted kitchen and en-suite. Each studio also has the luxury of free Wi-Fi and a wall mounted TV. The Pack Horse is a beautiful period building that was once the prestigious Pack Horse Hotel, transformed in 2012 to create the ultimate boutique student living experience. Residents benefit from CCTV in communal areas and electronic key fobs which mean only they can enter and leave the property. This is alongside onsite laundry facilities, secure bicycle storage, a private resident’s gym and study room. The hotel’s old ballroom, which has been transformed into a large communal area, acts as the social hub of the property, with pinball machines, pool tables and a projector for movies. With so much to offer, it’s easy to see why The Pack Horse has proved popular with Bolton’s influx of students.

Located on Bradshawgate, only a 10 minute walk away from the University of Bolton, The Pack Horse has everything that Bolton has to offer on its doorstep. Bradshawgate is home to most of Bolton’s bars and restaurants, alongside the recently renovated Market Place shopping centre and the newly opened Vaults which contains numerous restaurants and high street shops.

Students are particularly fond of The Pack Horse thanks to the outstanding quality of the apartments and its location in the heart of the town. Bolton has a real lack of student accommodation, meaning that apartments like this are always in high demand. The University of Bolton has around 14,000 students, with over 8,000 living and travelling from areas outside the North West region. Unlike the close neighbours of Liverpool and Manchester, virtually no purpose-built student accommodation exists in the immediate area, with a housing problem lagging some way behind the ambitious ongoing development plans of the University of Bolton.

Financial Breakdown

Gross rent: £4,590
Ground rent: £150
Service charge: £1,320
Lettings fees: £441
Net income: £2,679
Gross yield: 13.6%
Net yield: 7.94%

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-13382

Property Location

Marketed by Yieldit



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