6x ONE BEDROOM APARTMENTS (over 2... 1 bed apartment for sale

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6x ONE BEDROOM APARTMENTS (over 2... 1 bed apartment for sale

6x ONE BEDROOM APARTMENTS (over 2 separate blocks 255 Lily Lane & 614 Bolton Road)
£450,000

Our Summary

  • The portfolio is currently achieving £32,220 per annum, however there is potential to increase a number of the rents in order to bring them to current local valuation levels (a list of rents per property are also available on request)

Description

This is an excellent investment opportunity to purchase a portfolio of six one-bedroom apartments located in two separate blocks on Lily Lane and Bolton Road. The apartments are situated in a modern purpose-built complex, with all areas and gardens well-maintained. The current annual income is £32,220, with potential to increase rents to bring them in line with current local valuations. The apartments are fully managed, making it a hassle-free investment for the buyer. Ashton-in-Makerfield is a desirable location, with good access to nearby towns and cities, including Liverpool and Greater Manchester, making it an attractive option for commuters and those seeking a lifestyle balance.