Summary - MARSDEN HOUSE 708 MARSDEN ROAD BOLTON BL1 2JX
2 bed 2 bath Apartment
Two-bed Bolton apartment with steady rental income and allocated parking.
Seventh-floor two-bedroom apartment with urban views
Currently let; sold with sitting tenancy in place
Stated rental income about £9,300 per year
Allocated off-street parking space included
Double glazing and neutral recent flooring throughout
Leasehold: service charge ~£2,100pa and ground rent £175pa
Electric room heating — potentially higher running costs
Located in a multicultural student area; very deprived wider area
This seventh-floor, two-bedroom apartment in Marsden House offers straightforward, city-centre rental potential close to Bolton town centre and transport links to Manchester. The current annual rent is stated at £9,300, giving clear income for an investor buying with the sitting tenancy in place. Upper-floor position provides urban views and a sense of privacy uncommon at street level.
Accommodation includes an open-plan lounge/diner with adjoining kitchen, two bedrooms (principal with ensuite) and a three-piece bathroom. The flat has double glazing, neutral décor and recent flooring, so immediate cosmetic outlay should be limited. An allocated off-street parking space adds practical value for tenants.
Buyers should note this is leasehold with an average service charge of around £2,100 per year and a ground rent of £175. Heating is electric (room heaters) rather than gas central heating, which can mean higher running costs. The building was constructed circa 2003–2006 and appears modern in construction and finish.
The property sits in a multicultural, student-oriented area with fast broadband and excellent mobile signal — useful for lettings aimed at students or young professionals. The wider neighbourhood is classed as very deprived, which can affect long-term capital growth but supports steady rental demand. Offered at a low entry price, this apartment suits buyers prioritising rental yield and hands-off ownership with an existing tenancy.
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