Summary - 18 PENDLE COURT BOLTON BL1 6PY
1 bed 1 bath Apartment
Newly refreshed apartment with low running costs and communal grounds.
Sold with long-term sitting tenant — immediate rental income
A straightforward buy-to-let opportunity in Pendle Court: this ground-floor one-bedroom apartment is sold with a long-term sitting tenant so it produces income from completion. The flat has been newly renovated throughout and sits within well-kept communal gardens and a large communal field, with off-street parking for residents.
The lease is exceptionally long (circa 964 years) and annual service charge is low (about £939.60), making ownership costs predictable. The property is chain free and located within walking distance of local amenities and travel links, useful for tenant attraction.
Buyers should note this is an electric-heated, timber-frame mid-20th-century building with assumed partial insulation and an EPC rating of D. Heating is by room heaters (electric), which can be more expensive than gas options. The local area is classified as deprived; that affects long-term demand and rent growth prospects and should be factored into yield calculations.
Overall this is a turn-key rental purchase for landlords seeking immediate income and low holding costs, but investors should allow for potential heating upgrades and factor local area economic conditions into their strategy.
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