This student rental property is sure to appeal to any investors looking for an affordable investment as it is currently let on an AST from September 2022 to July 2023 and is generating an impressive income of £95 per week. Primo Property Management advertise this as a private studio with en-suite toilet and shower, fully fitted with kitchenette, three quarter bed, shelving, work station/study area. Please refer to the legal pack for tenancy details and also visit primopropertymanagement.co.uk for further details. The accommodation also offers exclusive access to a range of facilities including an entertainment room, gym and laundry room. We have not yet been provided with itemised expenditure regarding the lease but the seller has advised that their total expenditure last year was £2,320. This figure included the ground rent, service charge, council tax, utilities, property maintenance, tenants finding fee and management fee. The property is located in the heart of Bolton town centre with a wealth of shops and amenities on the door step. There is a further buyers premium on this lot of £1,500 including VAT. Lease Length - 125 Years from December 2012

Tenure

See legal pack

Energy Efficiency Rating (EPC)

Current Rating N/A

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Bolton Metropolitan Borough Council

Additional Fees

Buyer's Premium - Please note there is a further buyers premium of £1,500 inc VAT payable on this Lot.

Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1500 inc VAT.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.