The Bank, Deansgate, Bolton, BL1
By Mr Investa Ltd
£ 32,500
Reviews
2 out of 5 stars
Mr Investa Ltd says ..
9.3% NET YIELD! TENANTED UNTIL JULY 2025! A HIGHLY ATTRACTIVE CASH INVESTMENT PROPERTY! Mr Investa are pleased to present to the market this spacious studio apartment located on the 1st floor of this attractive and popular building in the centre of Bolton Town Centre. Offering immediate inc...
Property Oracle says ..
This studio apartment in Bolton town centre presents a potentially attractive investment opportunity. Its location offers good access to transportation, educational institutions, and amenities, making it suitable for students or young professionals. The apartment itself appears well-maintained and modern based on the provided images, with a functional kitchen and bathroom. The absence of any outdoor space is a notable drawback. The price of £32,500 aligns with other similar studio apartments in the vicinity, particularly given its current tenanted status offering potential rental income. However, prospective buyers should conduct thorough due diligence concerning the building’s overall condition, long-term maintenance costs, and the specifics of the existing tenancy agreement. The lack of information on the size of the apartment, relative to the price, is a potential concern which limits a more precise analysis.
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
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 1
- Sqft (est)
- 172.22
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
- 196,030.00 £Decreased by 11.53 %
- Est sale value
- 45,466.08 £Increased by 15.79 %
- Average area rental value
- 806.00 £/moDecreased by 16.99 %
- Est letting value
- 172.22 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.93 %Decreased by 6.27 %
- Crime Rate
- 0.00 %
Agent Activity
Mr Investa Ltd marked this listing as sold.
Mr Investa Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bolton Sixth Form College | Further Education | Good | 0.63 KM |
| University Of Bolton | Higher Education Institutions | Good | 0.80 KM |
| St Peter And St Paul Rc Primary School | Voluntary Aided School | Good | 0.92 KM |
| St Matthew'S Cofe Primary School, Bolton | Voluntary Controlled School | Good | 0.97 KM |
| Harvey Start Well Link Centre | Children's Centre | 0.98 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Queen Street | £ 0 | 0 | 0.00 KM |
| Kingsgate | £ 0 | 0 | 0.00 KM |
| Old Hall Street | £ 0 | 0 | 0.00 KM |
| Oxford Street | £ 0 | 0 | 0.00 KM |
| Cheadle Square | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Bolton | 2599 | BON | 0.87 KM |
| Hall-I'-Th'-Wood | 2572 | HID | 2.90 KM |
| Moses Gate | 2606 | MSS | 4.26 KM |
| Bromley Cross (Lancs) | 2697 | BMC | 4.52 KM |
| Farnworth | 2811 | FNW | 5.85 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Bank, Deansgate, Bolton, BL1 | £ 32,500 | BUY | 5 / 10 | 0.00 KM |
| The Bank, 113-117 Deansgate, Bolton, BL1 | £ 32,500 | BUY | 5 / 10 | 0.00 KM |
| Deansgate, Bolton, Greater Manchester, BL1 | £ 32,000 | BUY | 5 / 10 | 0.03 KM |
| Cheadle Mews, Bolton, BL1 | £ 270,000 | BUY | Unknown | 0.21 KM |
| Cheadle Mews, Bolton, BL1 | £ 270,000 | BUY | Unknown | 0.21 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 84 Deansgate | £ 148,000 | 0.04 KM |
| 7 Moor Lane | £ 50,000 | 0.31 KM |
| 5 Moor Lane | £ 132,500 | 0.31 KM |
| 66 St Georges Road | £ 75,000 | 0.31 KM |
| 32 Bath Street | £ 67,000 | 0.38 KM |