Cardwells Bolton
11 INSTITUTE STREET
BOLTON TOWN CENTRE
Bolton
Lancashire
BL1 1PZ
01204 381281
The Cube, Bradshawgate, Bolton. Investment Offering an above 10% Yield£33,000
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On MarketCardwells Bolton - 01204 381281CB00008246
MAIN- click for photo gallerySHOWROOM STUDIO BEDROOM- click for photo gallerySHOWROOM STUDIO COMMUNAL KITCHEN- click for photo gallerySHOWROOM STUDIO COMMUNIAL KITCHEN- click for photo gallerySHOWROOM STUDY ROOM- click for photo galleryGAMES ROOM/STUDENT LOUNGE- click for photo galleryACTUAL COMMUNAL KITCHEN- click for photo galleryACTUAL COMMUNAL KITCHEN- click for photo galleryACTUAL STUDIO- click for photo galleryFITNESS SUITE- click for photo gallery

£33,000!!!!!!!!!!!!!!!!!!!!!!!!!!!!! FANTASTIC RETURN ON INVESTMENT. Offered for sale with no further upward chain is this superb investment property, situated in the heart of Bolton Town Centre. A purpose built student studio with an en suite wet / shower room, sharing a communal kitchen and lounge area with other studio apartments and also sharing the use of a fitness suite, games room / common room, relaxation lounge / study, 2 x laundry rooms, 10am till 8pm serviced office and 24hr security on site.

We are advised that the property is rented at £87 per week on a 44 week term which ends on the 22nd July 2017, generating £3,828 per annum. We understand that there is the potential for additional rental income during the summer months.  At a £38,000 sales price this would equate to just over a 10% gross investment yield so at £33,000 this is wonderful, and very strong in comparison to other buy to let properties in Bolton. 

The studio is approximately 128 square foot with fitted study space and an en suite shower / wet room, the tenants share the use of the fitted kitchen / lounge space with the other studios in the apartment and the communal facilities of the building.

We understand that management fees are payable, but at the time of press are awaiting confirmation of the charges.

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