Summary - Apartment 317 Holden Mill, Blackburn Road, BOLTON BL1 7PN
2 bed 2 bath Flat
Investment-ready two-bed flat with stable income and parking.
Tenant in situ paying £850 pcm, 6.8% gross yield
A ready-made buy-to-let in a converted Victorian mill, sold with a tenant in situ currently paying £850 pcm (6.8% yield). The flat has a bright open-plan living room and kitchen leading to a private balcony, plus two double bedrooms — the principal with an en-suite — making it practical for long-term rental demand.
The building offers character features such as high ceilings and large windows from its industrial conversion, combined with modern comforts including double glazing and an EPC rating of B. Allocated off-street parking is included, a valuable perk in this popular Bolton location close to public transport and local amenities.
Practical points for investors: the property is leasehold and will be sold with the existing tenancy in place, so the buyer will inherit the current tenant’s contract and notice requirements. Heating is via electric storage heaters, which can mean higher running costs compared with gas central heating and could affect future tenant bills.
Overall this is a straightforward income-producing opportunity in an affluent, low-crime area with strong local amenities and good schools nearby. It suits investors seeking an immediate rental return, while owner-occupiers should note the leasehold status and tenant-in-place sale.
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