Property description
PERFECT BUY TO LET INVESTMENT OPORTUNITY
32 brand new contemporary apartments in the heart of Bolton.
As the first range of one and two bedroom boutique apartments offered exclusively to young professionals and post graduates in the area, they will set a new standard of living and capitalise on the growing demand within this market.
Apartments are presented to investor`s title ready, 125 year leasehold and at a low entry level, below market value with prices starting from as little as £69,950
Investment Overview:
8% ROI per annum
3 Years GRR paid in advance
Title ready
125 Year Lease
12 Months between exchange and completion
As the first range of boutique apartments offered exclusively to young professionals and post graduates in the area, SPA Residences will set a new standard of living and capitalise on the growing demand within this market.
Apartments at SPA Residences are beautifully finished, larger than average, and completed with the utmost style.
Space and privacy go hand in hand, with each completely self-contained apartment fitted with a fully integrated kitchen and stylish en-suite shower room so residents do not have to compromise on space.
Sophisticated finishing touches have been introduced alongside carefully thought interiors to find the right balance between style and comfort, making apartments the perfect mix.
Located just minutes walk from the town centre and Bolton University, SPA Residences offers the perfect location for those seeking that ideal work-life balance.
Set in the heart of Bolton, surrounded by major employers and educational establishments, SPA Residences occupies a prominent position on the edge of the town centre.
The building is directly situated on Spa Road, which conveniently runs off the A673/A579 main connecting roads leading into Manchester city centre, Leeds and Liverpool.
All main retail, leisure and transport facilities are in close proximity providing superb access for city workers, young professionals and commuters alike.
Rental income is received quarterly and there are no deductions taken from rental income other than ground rent (£300) and management costs (£700), which are charged annually.
Any net rental income above the 8% assured yield in the first 3 years will be paid at the end of the 3-year assured rental period.
The development is located in Bolton and offers our investors 3 years rental income paid in advance at 8% NET.
Prices from-
1 beds- £64,950
2 beds- £89,950
The benefits include-
*5% interest paid on all deposit monies
*Central location
*Choice of payment plans
*Free legals and furniture packs
NoticePlease note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Property Features :
- Contemporary Apartments in the heart of Bolton
- Sophisticated finishing touches
- Convenient Transport Links
- Minutes from Bolton Town Centre and University