FOR SALE – INCOME PRODUCING INVESTMENT

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FOR SALE – INCOME PRODUCING INVESTMENT 519 Chorley Old Road, Bolton, BL1 6AE *5 Self Contained Flats*     

Income producing investment – annual income of £20,400 Popular residential location Well located for local amenities Close to Bolton Town Centre Separate gas and electric supply to each flat

Description

Price

The subject property is a large end terrace currently split in to 5 self contained flats. Four of the flats provide double bedrooms, kitchen and shower facilities. The fifth room has separate living and sleeping accommodation with shower and kitchen facilities.

Offers In the Region Of £195,000

The property is a brick built end terrace of traditional construction with a pitched slate roof. The property benefits from double glazing, gas central heating and each property has its own electric / gas supply.

VAT

EPC A copy of the EPC is available on request.

VAT may be applicable at the prevailing rate Business Rates

To the rear of the property there is an enclosed yard which could potentially be levelled to provide off road parking. Each flat is let on AST's at £85 per week this give a total annual income before costs of £20,400. Please note Miller Metcalfe have not undertaken an internal inspection of the property. Location The property is located on Chorley Old Road, and is in close proximity to a number of local amenities, including banks, betting shops and most notably Morrison's supermarket. Chorley Old Road also has the advantage of providing twohour free parking at the front of the property. The property has good transport connections with Bolton town centre which is located approximately one mile away. In addition, Chorley Old Road is situated approximately four miles away from Junction 5 of the M61 motorway, which connects with the regional and ultimately the national motorway. Accommodation The property provides 5 self contained flats. Miller Metcalfe have not undertaken a detailed measure of the property Tenure Assumed Freehold. Interested parties are advised to make their own investigations in this regard.

Each Tenant will be responsible for their own council tax applicable for their flat. Viewing Viewing by way of appointment through the sole agent Miller Metcalfe Commercial Ms Felicity Middleton 01204 525252 [email protected]