Hartington Road, Heaton, BL1

A superb investment opportunity for an existing landlord or buy to let investor to purchase this building which is divided into five self-contained flats with a gross annual income of around £33,600 per annum. At the time of writing, we are advised that each flat is rented at £560 per calendar month, though we are awaiting confirmation with copies of the existing leases.

At a purchase price of £295,000 and monthly gross rental income of £2,800, and an annual gross income of £33,600, the gross rental yield is around 11.39%.

The property is Freehold (Title number LA348906) in a plot of around 0.04 of an acre. This is a superb opportunity to purchase a fully tenanted property (at the time of writing) so that you can enjoy immediate rental income and avoid empty/void period. Each of the five flats has its own council tax rating, Energy Performance Certificates and individual pre payment electric meters. All apartments are warmed via electric heating, there is no gas in the building. There is CCTV cameras which cover the communal front and back entrances to the building.

The accommodation is over four levels (including cellar) with five flats across three levels, and there is a fire alarm system in place.

The location is superb as local parks, shops, restaurants and the town centre of Bolton are all within walking distance, and there is easy access to the transport network.

Arranging accompanied viewings may be trying as there are five different tenants and notices to give, so a walk through viewing video is provided in the first instance.

For enquiries, please call Cardwells Estate Agents Bolton on 01204381381, email: [email protected] or visit www.cardwells.co.uk

Due to the nature of the building having five separate dwellings it is virtually impossible to arrange one time where all flats can be seen. For that reason we have provided a walkthrough viewing to watch and photos