7 bedroom block of apartments for sale

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7 bedroom block of apartments for sale

Apartments 1-4, 547 Darwen Road, Bromley Cross, BL7 9ED
£465,000

Price History

Initial price £495,000
11/09/24 £465,000
Price Change -6.06%

Description

This is a residential investment property comprising four luxury apartments, each with its own entrance, located in a converted former pub in Bolton. The property has undergone extensive renovations and is fully occupied by tenants managed by Prime Lettings & Management, generating an annual return of 6.5%. The apartments vary in size and layout, with two two-bedroom apartments and two one-bedroom apartments, each with its own utilities, water meter, and council tax. The property is situated in a convenient location, close to local amenities, transport links, and excellent schooling. The property is leasehold, with approximately 760 years remaining on the lease, and has a rent of £1.50 per annum. The apartments have double glazing and a low flood risk, with on-road parking available. The property is being sold with all appliances and fixtures included, and potential buyers are advised to seek their own professional advice.