Summary -
Apartment 8,Holden Mill,Blackburn Road,BOLTON,BL1 7LS
BL1 7LS
1 bed 1 bath Flat
Immediate income with clear upside for buy-to-let investors seeking long-term security.
Tenants in situ with steady, long-term rental payments
Annual gross income £8,400; market rent potential £10,704
Leasehold with 887 years remaining — long-term security
Secure allocated basement parking exclusively for residents
Ground-floor entry, balcony, and modern open-plan living
Buyers Premium payable to progress purchase (transaction cost)
Average size 603 sqft; well-maintained but review Let Pack and survey
Fast broadband, very low crime, located in an affluent area
A practical buy-to-let located in a well-maintained Edwardian conversion, this one-bedroom flat offers immediate rental income with scope to increase to market levels. The flat is currently let to long-term tenants who wish to remain, giving predictable cashflow from day one and reducing void risk. The building benefits from period character externally while the flat itself has a modern open-plan living area and useful balcony.
Key practical strengths include secure allocated basement parking, a ground-floor entry hall, and a long lease of 887 years — rare security for a leasehold purchase. Broadband speeds are fast, local crime levels are very low and the area is classified as affluent, supporting tenant demand and stable capital values. The property also sits within walking distance of shops, bus routes and several well-rated primary and secondary schools.
Buyers should note material transaction details: a Buyers Premium will apply to secure purchase, and the property is sold with tenants in situ so any investor will take on the existing tenancy terms. The flat is described as well-kept, but purchasers should review the Let Property Pack and tenancy documentation, and carry out their own surveys and checks before exchange.
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