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Leasehold

Offers over

£170,000

2 bed flat for sale

Mill View Lane, Bolton BL6
2 beds
1 bath
1 reception
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Offers over

£170,000

2 bed flat for sale
Mill View Lane, Bolton BL6

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: D

Leasehold

About this property

  • Buy-to-Let Opportunity

  • Long Term Tenants Currently Situated

  • Likely to attract enquiries from Serious Investors & Developers

  • 2 Bedroom

  • Three Piece Bathroom

  • Lounge and Kitchen

  • Garden Grounds

  • Parking Space

  • Investment potential detailed below (Let Property Pack)

Our latest listing is a 2 bedroom flat located in Bolton. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, lounge, kitchen, three piece bathroom, storage space and flat has its own access door and parking space. It has access to a communal garden and is located in the Clock House Building.

Investment details

It currently produces an annual gross income of £10,500 which could be increased by the new owner to a market rate of £14,400 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

More information

  • Tenure

    Leasehold (110 years)

  • Service charge

    £162 per year

  • Council tax band

  • Ground rent

    £150

  • Ground rent date of next review

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