Summary - 32 Stonecross House, 21-27, Churchgate BL1 1HR
1 bed 1 bath Apartment
Long lease, secure parking and strong short-term rental potential for cash buyers.
Newly renovated one-bedroom apartment, ready to occupy or let
A newly renovated one-bedroom apartment in Bolton’s Church Wharf regeneration area, offered at a low entry price. The flat has contemporary finishes, an open-plan kitchen/living room, a double bedroom and a modern shower room — a straightforward turnkey option for a buy-to-let investor or cash buyer. It is currently let on short-term rental platforms, demonstrating immediate income potential subject to planning/letting checks.
Practical benefits include a long lease (250 years from 2020, c.247 years remaining), secure off-street parking and a chain-free sale. The location places the property close to shops, transport links and a mix of local amenities, useful for lettings and short-stay demand.
Notable constraints: heating is electric room heaters (no central gas), broadband speeds are reported as very slow, and the annual service charge (£1,402.20) plus ground rent (£250) are significant running costs relative to the low asking price. The property sits in a very deprived area statistically, which can affect long-term capital growth and tenant mix. This opportunity suits cash buyers or investors prepared to manage short-term lets or re-let on the private rental market and to factor in service costs and energy provision.
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