Summary -
Flat 405,63 Bradshawgate,BOLTON,BL1 1QD
BL1 1QD
1 bed 1 bath Studio
Compact, income-producing studio close to University of Bolton — auction sale, cash buyers only..
Currently let at £140 per week (£7,160 pa) providing immediate income
239 years remaining on lease — long lease term remaining
Cash buyers only; sale via online auction with fixed timelines
Above-average service charge ~£4,474.80 per annum
Ground rent £362.43 per annum
Buyer pays non-refundable reservation fee 3.6% (min £5,940) on completion
Communal laundry and common room; close to University of Bolton
No flooding risk; very low local crime rates
A compact, town-centre studio positioned for the student rental market, currently let at £140 per week (£7,160 pa). The unit benefits from communal laundry and common room facilities and sits within easy walking distance of the University of Bolton and local transport links — strong locational appeal for student demand.
This is a leasehold investment with 239 years remaining and an established tenancy starting 30/08/2025. Broadband speed and mobile signal are reported as good, and there is no flooding risk. The property is sold via online auction; cash buyers only and post-auction offers may be invited.
Important cost considerations: an above-average service charge (circa £4,474.80 pa) and ground rent (£362.43 pa). Successful purchasers must also budget for auction reservation fees (3.6% incl. VAT, minimum £5,940) and the customary deposit/completion timetable. These fees are payable in addition to the sale price and can affect net yield.
This suits a buyer seeking a straightforward student-let asset with long lease security and immediate rental income. It is less suitable for cash-constrained buyers or those unwilling to accept auction terms and the higher running costs associated with the block.
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