Reed Close, Farnworth BL4 2 bed flat for sale

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Reed Close, Farnworth BL4 2 bed flat for sale

Reed Close, Bolton, Greater Manchester, BL4
£97,500

Price History

Initial price £100,000
24/11/24 £98,000
29/11/24 £96,000
14/12/24 £94,000
20/12/24 £92,000
02/01/25 £90,000
10/01/25 £100,000
17/01/25 £98,000
30/01/25 £96,000
27/02/25 £94,000
13/03/25 £92,000
20/03/25 £90,000
27/03/25 £88,000
03/04/25 £97,500
09/04/25 £95,500
18/04/25 £93,500
30/04/25 £91,500
07/05/25 £97,500
Price Change -2.50%

Description

This 2-bedroom flat in Bolton is a fantastic investment opportunity for those looking to expand their portfolio. The well-kept home features two bedrooms, a three-piece bathroom, spacious lounge, kitchen, and allocated parking space. Currently, the property produces an annual gross income of £6,300, which could be increased to a market rate of £10,800 with the right tenant. The current tenants have been consistently paying their rent and have no plans to move out, making this a stable and lucrative investment option. With a worthwhile addition to an investor's portfolio, this property presents a great chance to increase returns and grow a rental income.