Portfolio of 15 Units, The Pack Horse, Nelson Square, Bolton, BL1
By Mr Investa Ltd
£ 450,000
Reviews
2 out of 5 stars
Mr Investa Ltd says ..
7.3% NET YIELD!! Mr Investa are pleased to bring to the market a portfolio of 15 UNITS within the popular and FULLY OCCUPIED student development in the centre of Bolton, The Pack Horse. These low entry level priced units are AVAILABLE FOR SALE INDIVIDUALLY OR AS A BULK PURCHASE making this ideal...
Property Oracle says ..
This property listing presents a portfolio of 15 units within The Pack Horse, a student accommodation development located in Bolton town centre. The listing highlights a potential net yield of 7.3%, suggesting a strong potential for rental income. The units are described as low entry-level priced and available individually or as a bulk purchase. This presents an attractive proposition for investors. However, the lack of information on individual unit sizes and conditions means that a buyer would need to undertake thorough due diligence. The photos provided showcase the units’ interior. The furnishing is basic but functional, and the overall condition is adequate. The building’s location near Bolton Train Station provides tenants with convenient access to transport links. Furthermore, nearby good-rated schools could further support a strong student tenancy market. The property’s location in the centre of Bolton could also provide ease of access to local amenities. However, without further details about the management of the property, it is impossible to provide a comprehensive assessment of the long-term viability of this investment. A potential buyer should consider potential maintenance and repair costs as well as future vacancy rates to ensure profitability.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 15
- Bathrooms
- 15
- Sqft (est)
- 182.99
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 550,000.00 £Increased by 32.27 %
- Est sale value
- 40,257.80 £Decreased by 57.12 %
- Average area rental value
- 1,864.00 £/moIncreased by 17.16 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 4.07 %Decreased by 11.33 %
- Crime Rate
- 0.00 %
Agent Activity
Mr Investa Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bolton Sixth Form College | Further Education | Good | 1.01 KM |
| St Peter And St Paul Rc Primary School | Voluntary Aided School | Good | 1.06 KM |
| The Olive School, Bolton | Free Schools | Outstanding | 1.09 KM |
| University Of Bolton | Higher Education Institutions | Good | 1.11 KM |
| Harvey Start Well Link Centre | Children's Centre | 1.14 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wood Street | £ 240,000 | 0 | 0.00 KM |
| Bolton View | £ 0 | 0 | 0.00 KM |
| Deansgate | £ 0 | 0 | 0.00 KM |
| Skylink | £ 95,000 | 0 | 0.00 KM |
| Back Soho Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bolton | 2599 | BON | 0.43 KM |
| Hall-I'-Th'-Wood | 2572 | HID | 2.68 KM |
| Moses Gate | 2606 | MSS | 3.76 KM |
| Bromley Cross (Lancs) | 2697 | BMC | 4.41 KM |
| Farnworth | 2811 | FNW | 5.33 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Portfolio of 15 Units, The Pack Horse, Nelson Square, Bolton, BL1 | £ 450,000 | BUY | 5 / 10 | 0.00 KM |
| The Pack Horse, Nelson Square, Bolton, BL1 | £ 30,000 | BUY | 5 / 10 | 0.00 KM |
| The Pack Horse, Nelson Square, Bolton | £ 40,000 | BUY | 5 / 10 | 0.03 KM |
| The Pack Horse, Nelson Square, Bolton | £ 40,000 | BUY | Unknown | 0.03 KM |
| The Pack Horse, Nelson Square, Bolton | £ 29,500 | BUY | 5 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 19 Deansgate | £ 7,500 | 0.18 KM |
| 16 Deansgate | £ 530,000 | 0.24 KM |
| 13 - 15 Princess Street | £ 99,500 | 0.24 KM |
| 29 Clivedale Place | £ 52,000 | 0.26 KM |
| 39 Clivedale Place | £ 77,000 | 0.26 KM |