Turnkey investment close to shops, transport and amenities for steady rental demand.
City centre location near shops, cafes, transport and urban park
Compact one‑bed with large windows and modern fixtures
Leasehold with 188 years remaining
High annual service charge (£3,037) reduces net yield
Ground rent £336 annually (average)
Very low local crime; excellent mobile and fast broadband
Area classified as very deprived — affects tenant mix and rents
Council tax described as very cheap
This one‑bed apartment in Provincial House sits in Bolton city centre, a compact, modern unit aimed squarely at buy‑to‑let investors. Large windows and contemporary finishes create a light, low‑maintenance interior that appeals to young professionals or students seeking central convenience.
The location is a core selling point: immediate access to extensive retail, cafés and transport links, plus an urban park and public spaces nearby. Broadband speeds are fast and mobile signal is excellent—practical benefits for long‑let tenants and short‑term lets alike. The property has no flood risk and crime in the area is very low.
Financially, the flat is leasehold with 188 years remaining, council tax is very cheap, but outgoing costs will affect net yield: an average annual service charge of £3,037 and ground rent of £336 are payable. The wider area scores as very deprived, which can influence tenant mix and rental levels; consider this when modelling returns.
Internally the apartment is compact: an efficient kitchen and a medium‑sized living space with wood flooring and built‑in lighting. There’s good potential for steady rental income with minimal refurb costs, but buyers should account for the service charge and the local market profile when forecasting yields.