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2 bedroom Flat for sale, Bolton Road, Westhoughton, Greater Manchester, BL5
Features and Description
- For Sale Via Modern Method Of Auction
- To Be Sold With Tenant In Situ
- Rental Yield Of 6.7%
- Open Plan Living Room & Kitchen
- Two Double Bedrooms & Three Piece Bathroom Suite
- Allocated Parking Space Plus Visitor Parking
This flat for sale is an outstanding investment opportunity, ideally suited for investors. Equally impressive as it is profitable, the flat is neutrally decorated and currently tenanted, providing an instant income upon purchase. Tenants are currently paying £475.00 PCM, delivering a notable yield of 6.7%.
The property boasts a sought-after location with excellent public transport links, nearby schools, local amenities, and nearby parks. This locality is a great draw for tenants, enhancing the appeal and profitability of this investment.
The flat is a haven of open-plan living, with a reception room and kitchen that both benefit from this modern layout. The space is bathed in natural light, creating a vibrant and airy environment that tenants will find irresistible. The kitchen is a contemporary space, perfectly functional yet aesthetically pleasing.
Accommodation comprises of two generously proportioned double bedrooms, open plan living room and kitchen, and a three piece bathroom suite. Each room is neutrually decorated, providing a ready-to-move-in space for tenants, with no immediate work required.
The property is energy-efficient, with an EPC rating of 'C,' which can be an important consideration for potential renters. Additionally, the council tax falls within band 'B'.
One of the unique features of this property is the inclusion of parking, a premium amenity that is highly appreciated by renters.
This is a solid property investment, providing a high yield, desirable location, and sought-after features. Don't miss out on this excellent opportunity to expand your portfolio.
Modern Method Of Auction
Auctioneer Comments This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted, the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Entrance Hallway
Intercom System. Electric heater, laminate flooring and two ceiling lights. Access to the open plan living room and kitchen, the two bedrooms and bathroom.
Open Plan Living Room & Kitchen
20'2" x 12'3" (6.15m x 3.73m)
Living Area - Open plan to the kitchen area. Double glazed window, electric heater, laminate flooring and two ceiling lights. Kitchen Area - Fitted with a range of wall and base units with matching worktops and inset stainless steel sink unit. Integrated appliances include a electric oven and hob with extractor hood over. Fridge freezer and an automatic washing machine. Double glazed window, laminate flooring and ceiling light.
Bedroom 1
11'7" x 11'1" (3.53m x 3.38m)
Built in storage cupboard. Double glazed window, heater, laminate flooring and ceiling light.
Bedroom 2
10'1" x 9'6" (3.07m x 2.90m)
Double glazed window, heater and ceiling light.
Bathroom
7'6" x 5'10" (2.29m x 1.78m)
Three piece bathroom suite comprising of a panelled bath with shower head over and screen protector. W/C and wash hand basin. Ceramic tile splash backs. Frosted double glazed window, tile effect flooring, extractor fan and ceiling light.
Outside
Communal garden areas and one allocated parking space.
Management Fees & Leasehold Cost
The service charge for the year is £2,039.81.There is also a ground rent charge payable to Simarc which is £195 per annum (£97.50 payable every 6 months).
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Bolton Road, Westhoughton, Greater Manchester, BL5

Additional Information
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Property refQBU250115
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EPCC
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TenureLeasehold
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Council TaxB
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Local authorityBolton Metropolitan Borough Council
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Ground RentContact the branch
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Ground Rent ReviewContact the branch
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Service ChargeContact the branch


Intercom System. Electric heater, laminate flooring and two ceiling lights. Access to the open plan living room and kitchen, the two bedrooms and bathroom.

Living Area - Open plan to the kitchen area. Double glazed window, electric heater, laminate flooring and two ceiling lights. Kitchen Area - Fitted with a range of wall and base units with matching worktops and inset stainless steel sink unit. Integrated appliances include a electric oven and hob with extractor hood over. Fridge freezer and an automatic washing machine. Double glazed window, laminate flooring and ceiling light.



Built in storage cupboard. Double glazed window, heater, laminate flooring and ceiling light.

Three piece bathroom suite comprising of a panelled bath with shower head over and screen protector. W/C and wash hand basin. Ceramic tile splash backs. Frosted double glazed window, tile effect flooring, extractor fan and ceiling light.

The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
78Potential
83CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs