Seymour Road

INVESTMENT SUMMARY

A characterful, stone-built mid-terrace investment property in Bolton, arranged over four levels and sold with the benefit of the same tenants in situ for the past 10 years. This long, uninterrupted tenancy reflects a well-managed, low-turnover asset and offers an incoming purchaser an immediate, proven income stream from day one.

• 2-bedroom stone-built mid-terrace property
• Same tenants in situ for the past 10 years
• Current rental income of £800 pcm (£9,600 per annum)
• Arranged over four levels, including a loft room currently used for storage
• Freehold
• Located in a well-connected residential pocket of Bolton, within the borough’s wider regeneration story

LAYOUT

The accommodation is arranged over four levels:

• Basement – bathroom and utility room, with access out to a rear yard
• Ground floor – accessed via the front door, leading through to the living room and kitchen
• First floor – two bedrooms
• Loft room – currently used for storage, offering further potential subject to the necessary consents

LOCATION & INVESTMENT CASE

Bolton town centre is in the midst of a sustained, large-scale regeneration programme, with the council pursuing a £1 billion “Bolton Blueprint” masterplan to deliver new homes, jobs, leisure and office space across the town.

• The flagship Crompton Place scheme will bring a 110-bed hotel, 300 new homes and 80,000 sq ft of office space to the town centre as part of a c.£250m redevelopment
• Watson Homes’ £75m Church Wharf development is delivering 400 new homes and a hotel at a key town centre gateway
• Bolton has been named a catalyst location within the wider NorthFold growth corridor connecting Bolton and Wigan, with potential for 9,000 further new homes and the long-awaited M6 to M61 link road
• Bolton Council has established a dedicated regeneration and economic development team to help coordinate a £1bn town centre investment pipeline
• A proposed Mayoral Development Corporation would further accelerate delivery across 13 key town centre development sites

For investors, a property with a decade-long history of continuous tenancy already represents a low-risk, income-proven asset. Combined with Bolton’s substantial pipeline of town centre investment and regeneration – which is expected to support demand for housing and rental accommodation in the surrounding area over the coming years – this presents an attractive combination of immediate yield and longer-term potential. As with any regeneration-led location, timescales and outcomes are not guaranteed and prospective purchasers should form their own view.

FINANCIAL SUMMARY

The property is let at £800 per calendar month, with the same tenants having remained in situ for the past 10 years.

*As a freehold property with no ground rent or service charge, net yield is shown equal to gross yield before purchaser-specific costs such as insurance, maintenance, letting and management fees, which should be factored in by any prospective purchaser. Figures above are based on current trading performance as supplied by the vendor and are provided for guidance only; they do not constitute a warranty or valuation. A prospective purchaser should rely on their own due diligence before proceeding.

PROPERTY & TENURE

• Freehold
• 2-bedroom stone-built mid-terrace, arranged over four levels
• Basement bathroom and utility room with rear yard access
• Loft room currently used for storage
• Sold with tenants in situ, in place for the past 10 years