>
Manchester Road, Bolton 5 bed block of apartments for sale
Manchester Road, Bolton
£295,000
Manchester Road, Bolton
£295,000
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
- To be sold by online auction
Description
This linked detached property in Bolton, currently comprising five self-contained flats, is being sold by online auction on May 14th, 2025, unless sold prior. The property is vacant and in need of full modernisation, 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, it could generate a significant income for investors. Additionally, there is potential to convert the property into an 8-bedroom HMO, subject to planning permissions, which could increase the rental income to £5,600 per month or £67,200 annually. With Bolton's strong demand for rental properties, this location offers excellent potential for investors looking to add value and capitalize on the local market.