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5 bedroom block of apartments for sale
- Manchester Road, Bolton
£275,000
- Manchester Road, Bolton
£275,000
Our Summary
- TO BE SOLD BY ONLINE AUCTION ON 14TH MAY 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
Description
This linked detached property on Manchester Road in Bolton is being sold by online auction on May 14th, 2025, unless sold prior. Currently configured as five self-contained flats, the property is vacant and in need of full modernization, offering a substantial refurbishment and development opportunity. With the potential to generate approximately £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, with a potential monthly income of £5,600 or £67,200 annually. The location is well-suited for investors looking to capitalize on Bolton's strong demand for rental properties, providing an excellent opportunity to add value and generate a high-yield income.