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5 Bed HMO, Bolton, BL1 6BE £220,000

10 Moorside Avenue, Bolton, BL1 6BE - 8 views - a year ago
  1. Deal Search
  2. Bolton
  3. BL1
  4. BL1 6BE
Leasehold
Auction
HMO
131 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Bolton
  • More Deals in BL1
  • More HMO Deals
  • More HMO Deals in Bolton
  • More HMO Deals in BL1

Property History

Price changed to £220,000

January 23, 2025

Price changed to £195,000

January 11, 2025

Listed for £220,000

December 19, 2024

Sold for £119,000

2013

Floor Plans

Description

  • TO BE SOLD BY ONLINE AUCTION +
  • Semi-detached registered five-bedroom HMO +
  • Prime Location for Renters +
  • Excellent Transport Links +
  • Strong Rental Potential +
  • Ready for Investors +

TO BE SOLD BY ONLINE AUCTION ON 22ND JANUARY UNLESS SOLD PRIOR UNDER AUCTION TERMS. 10 Moorside Avenue, Bolton, BL1 6BE This semi-detached five-bedroom registered HMO is a spacious investment opportunity currently let to a commercial client on a rent and repair lease, reportedly generating £1,500 per month. This setup offers a hassle-free and passive investment, with the tenant managing the property. For investors looking to maximize rental income, the property has potential for higher returns if rented individually as an HMO, with rental values in the area estimated at approximately £2,800 per month at full occupancy.

The property comprises an entrance porch and hallway leading to two bedrooms, an open-plan kitchen/living room, and a WC on the ground floor. The first floor features four bedrooms and a bathroom. The second floor includes a large bedroom, a spare room, and roof void storage. The total floor area is approximately 1,580 sq. ft. (146.8 sq. m).

The property is located in a popular area of Bolton, offering convenient access to local amenities and transport links. It is within close proximity to schools, shops, and public transport, including bus routes and train stations, making it highly attractive for tenants. Additionally, Bolton town centre and the M61 motorway are easily accessible, providing excellent connectivity to Manchester and beyond.

This property is ideally situated for rental purposes, offering excellent potential for an investor looking for a high-yielding asset.

The vendor has provided pictures for layout reference only. EPC on order.   Sold as seen.

Agent Details

Edward Mellor Ltd, Auction

0161 524 2443

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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