Summary -
20 Hudson Close,BOLTON,BL3 4FP
BL3 4FP
1 bed 1 bath Flat
Income-producing flat with long lease and parking, suited to buy-to-let portfolios.
Current gross rental income £7,800 per year
A compact one‑bed flat in Bolton offered with a long lease and an established tenancy, aimed squarely at buy‑to‑let investors. The property produces a current gross income of £7,800pa, sits in a small modern apartment block and includes private off‑street parking — practical features that support immediate rental income.
The flat is small (approximately 366 sq ft) and designed for low‑maintenance urban letting. The lease has 982 years remaining, removing typical short‑lease risk for purchasers. Tenants are long‑standing and report no intention to vacate, so the asset transfers as an income‑producing holding with minimal downtime between ownership and rental revenue.
Important considerations: the area is classified as very deprived and locally as “hampered neighbourhoods”, which can affect long‑term capital growth and tenant profile. The flat is leasehold and the sale mentions a buyer’s premium to secure the property — factor this cost into total purchase calculations. External images suggest the block requires minor external cleaning, and there are no internal photos supplied, so buyers should obtain a full inspection and the let/property pack before committing.
For an investor seeking an entry‑level rental purchase with immediate cashflow, this is a straightforward opportunity. Budget for due diligence (internal inspection, rent schedule and tenant references) and include local market comparables when assessing yield versus location risk.
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