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Manchester Road, Bolton 5 bed block of apartments for sale
Manchester Road, Bolton
£245,000
Manchester Road, Bolton
£245,000
Our Summary
- TO BE SOLD BY ONLINE AUCTION ON 11TH JUNE 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS
- Investors, this linked detached property, currently configured as five self-contained flats, presents an excellent refurbishment and development opportunity
- The property is vacant and in need of full modernisation but offers substantial potential for a high-yield investment
- There is also potential to convert the property into an 8-bedroom HMO, subject to the relevant planning permissions
- With Bolton’s strong demand for rental properties, this location offers excellent potential for investors looking to add value and capitalise on the local market
- Ideal project for investors or developers
- TO BE SOLD BY ONLINE AUCTION
- To be sold by online auction
Description
This linked detached property on Manchester Road in Bolton is set to go to online auction on June 11th, 2025, unless sold prior. Currently configured as five self-contained flats, the property is in need of full modernization but offers substantial potential for a high-yield investment. With a potential rental income of £3,750 per month or £45,000 annually in its current layout, there is also scope to convert the property into an 8-bedroom HMO, subject to planning permissions, generating a total monthly income of £5,600 or £67,200 annually. Located in an area with strong demand for rental properties, this property presents an excellent opportunity for investors to add value and capitalize on the local market.