Offers over
£200,000
Property for saleMarket Street, Farnworth Bolton BL4
2 baths
2 receptions
Just added
Freehold
About this property
Mixed-Use Investment – Market Street, Farnworth, Bolton BL4 7NY
Current Gross Yield: 9.75% | Potential: 13.8%
Two adjoining mixed-use buildings in Farnworth town centre, sold together: Three ground-floor shops and two flats above. Three units are let, producing £19,500 a year. The 1-bed flat is empty and needs refurbishment. Once it’s let, the rent rises to about £27,600 a year.
Rent schedule
Shop 1: £7,200 a year
Shop 2: £5,400 a year
Shop 3: Vacant
Flat 1 (2-bed flat, let): £6,900 a year
Flat 2 (1-bed flat, empty, needs work): Estimated £8,100 a year once refurbished and let
Current: £19,500 a year | Potential: £27,600 a year
Key features
Busy main shopping street, close to Farnworth station, the A666 and the M61
Viewings strictly by appointment.
Current Gross Yield: 9.75% | Potential: 13.8%
Two adjoining mixed-use buildings in Farnworth town centre, sold together: Three ground-floor shops and two flats above. Three units are let, producing £19,500 a year. The 1-bed flat is empty and needs refurbishment. Once it’s let, the rent rises to about £27,600 a year.
Rent schedule
Shop 1: £7,200 a year
Shop 2: £5,400 a year
Shop 3: Vacant
Flat 1 (2-bed flat, let): £6,900 a year
Flat 2 (1-bed flat, empty, needs work): Estimated £8,100 a year once refurbished and let
Current: £19,500 a year | Potential: £27,600 a year
Key features
Busy main shopping street, close to Farnworth station, the A666 and the M61
Viewings strictly by appointment.
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Monthly repayment
£1,000 per month
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