Earn instant income on this already tenanted student investment opportunity -
cash buyers only! Just 10 minute's walk to The University of Bolton! Excellent
investment opportunity in hugely popular student development.
This stunning studio apartment is fully furnished and includes a double bed,
fitted kitchen and en - suite with shower. It's easy to see why The Pack Horse
has proven popular with Bolton's influx of students, offering a fantastic
range of on - site facilities including a fully - equipped gym and a modern common
room with pool tables, pinball machines, video games and even a large
projector screen for movie nights, making it incredibly easy for residents to
relax, unwind and socialise. Residents also benefit from secure bicycle
storage, CCTV in the communal areas, a concierge reception service and laundry
facilities.
The Pack Horse is a beautiful period building that was once the prestigious
Pack Horse Hotel, which was transformed in 2012 to create the ultimate
boutique student living experience. Located on Bradshawgate, only a 10 minute
walk away from the University of Bolton, The Pack Horse has everything that
Bolton has to offer on its doorstep! Bradshawgate is home to most of Bolton's
bars and restaurants, alongside the recently renovated Market Place shopping
centre and the newly opened Vaults which contains numerous restaurants and
high street shops. It's no surprise that The Pack Horse is one of the most
sought after developments in Bolton!
The University of Bolton has around 14, 000 students, with over 8, 000 living
and travelling from areas outside the North West region. Unlike the close
neighbours of Liverpool and Manchester, virtually no Purpose - Built Student
Accommodation exists in the immediate area, with a housing problem lagging
some way behind the ambitious ongoing development plans of the University of
Bolton. Now is the perfect time to invest in Bolton's student accommodation!
**Financial Breakdown**
Gross rent: £6, 375
Ground rent: £150
Service charge: £2, 011
Lettings fees: £842
Net income: £3, 373
Gross yield: 16. 35%
Net yield: 8. 65%
**Important Note To Purchasers**
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general
outline only for guidance, and do not constitute any part of an offer or
contract. Neither Yieldit nor the vendor or lessor accept any responsibility
in respect of these particulars, which are not intended to be statements or
representations of fact and any intending purchaser must satisfy himself by
inspection or otherwise as to the correctness of each of the statements
contained in these particulars.
Yieldit ref: Yl - 07449

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: