Tel: 01204 576666 or 0161 641 7788 | Email: sales@boltonproperties.co.uk

The Pack Horse, Nelson Square Town Centre, Bolton
£39,995

  • Front elevation
    The Pack Horse, Nelson Square Town Centre
  • Communal Lounge
    The Pack Horse, Nelson Square Town Centre
  • Games Room
    The Pack Horse, Nelson Square Town Centre
  • Classic Studio Flat
    The Pack Horse, Nelson Square Town Centre
  • Gymnasium
    The Pack Horse, Nelson Square Town Centre
  • Entrance Lobby
    The Pack Horse, Nelson Square Town Centre
  • Concierge and Security Desk
    The Pack Horse, Nelson Square Town Centre
  • Stairwell to upper floors
    The Pack Horse, Nelson Square Town Centre
  • Bathroom
    The Pack Horse, Nelson Square Town Centre
  • Nelson Square
    The Pack Horse, Nelson Square Town Centre
  • Corridors
    The Pack Horse, Nelson Square Town Centre
  • Kitchen Facility
    The Pack Horse, Nelson Square Town Centre
  • Games Room
    The Pack Horse, Nelson Square Town Centre
  • Gymnasium
    The Pack Horse, Nelson Square Town Centre
  • Laundry Room
    The Pack Horse, Nelson Square Town Centre
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  • Based in the heart of Bolton town centre with a plethora of shops, bars and restaurants on the doorstep
  • An easy commute to and from Bolton University
  • Secure entrance via key fob only
  • Entrance lobby with concierge and security desk
  • Modern studio flat with kitchen facility and separate bathroom
  • Communal Lounge and Games Room
  • Gymnasium and Laundry Room
  • Every flat is currently rented, with a strong demand for any that become vacant.
  • Six flats available to purchase, can be bought in a bulk buy if desired
  • Will appeal to investors looking to expand their current rental portfolio

The Pack Horse is a converted former hotel based at Nelson Square in the heart of Bolton town centre, now exclusively for use by the ever growing student community studying at Bolton University. Includes a communal lounge and games room plus a gymnasium and laundry room for the students to use when not studying. The Pack Horse is within easy reach of a plethora of shops, bars and restaurants and is within walking distance of Bolton University. Will appeal to property investors looking to expand their current rental portfolio. The apartment comes with a sitting tenant in situe. Every apartment is currently rented out, and there is a demand for any that become readily available to rent.

Currently the studio apartment is being rented out at a rate of ?80 per week or ?4,160 per annum.

Other service charges and fees,
Management fee of 8% + VAT.
Service charge is approx ?1200 per annum.
Ground rent is approx ?200 per annum.

Approx 6% yield return per annum.

The Pack Horse, Nelson Square Town Centre
Bolton BL1 1AQ
County: Lancashire
Sale Type: For Sale
Ref #: 13896357

T: 01204576666

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