5 Bed Apartment For Sale
Manchester Road, Bolton
BL3 2QP
Added 02 May 2025
Property Details
Property Type
Apartment
Bedrooms
5
Location
BL3
Description
TO BE SOLD BY ONLINE AUCTION ON 14TH MAY 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS.
283-285, Manchester Road, Bolton, BL3 2QP
Investors, this linked detached property, currently configured as five self-contained flats, presents an excellent refurbishment and development opportunity. The property is vacant and in need of full modernisation but offers substantial potential for a high-yield investment.
The property could generate approximately £750 per month per flat, providing a total potential rental income of £3,750 per month or £45,000 annually in its current layout.
There is also potential to convert the property into an 8-bedroom HMO, subject to the relevant planning permissions. If converted, each room could achieve a rental income of £700 per month, leading to a total monthly income of £5,600, or £67,200 annually.
With Bolton’s strong demand for rental properties, this location offers excellent potential for investors looking to add value and capitalise on the local market.
Location
Nearby Properties
Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting Edward Mellor LTD directly to verify availability, arrange viewings, and obtain comprehensive property documentation.
Listed by
Edward Mellor LTD
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