Property Details
Pugh Auctions
Lot 025
Lot 025
Auction: October 2020 Online Auction 21/10/2020 10:58

121 High Street, Little Lever, Bolton, Lancashire, BL3 1LX

Property Details
Location

The property fronts onto High Street just a short walk from many of the Village amenities on offer in Little Lever. Bolton Town Centre is situated 3 miles away.

Description

A mid terrace property comprising two separate flats arranged over ground and first floor. Both flats have their own entrance and are currently let on AST's at a monthly rent of £628 equivalent to an annual rental income of £7,536. The sale represents an excellent buy to let opportunity offering a potential yield of 10% (if purchased at our last quoted guide price).

Accommodation


Flat 1 (ground floor)Living Room, Kitchen, Bedroom, Shower Room
Flat 2 (first floor)Entrance Hall, Kitchen, Living Room, Bedroom, Bathroom

Tenancy

The ground floor flat is let at on a periodic tenancy agreement dated 23rd September 2020 at a monthly rent of £325pcm. The first floor flat is let on an initial 6 month AST agreement dated 10th December 2005 at a monthly rent of £303.

General

1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. Energy Performance Certificate = C.

3. We are advised that the current tenants have been in situ for a number of years and no rental increases have been asked for in the last 5 years, allowing an opportunity to further increase the current rental yield.

Addendum

The property is held on both a freehold (MAN1030) and a leasehold (GM505245) title with the latter dated 14th April 1862 for a period of 999 years

Property Location Address:
121 High Street,
Little Lever,
Bolton,
Lancashire,
BL3 1LX
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Auction Details
Auction: October 2020 Online Auction Date: 21st October 2020 Lot Number: 025 Doors Open: 9:30am Bidding Starts: 10:00am
Address:
Online Auction

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