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Modern 5 bed Not Specified property

Available

For Sale

Listed Jul 16, 2025

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£270,000

Available

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Description

TO BE SOLD BY ONLINE AUCTION ON 11TH JUNE 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.