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Situated close to Westhoughton town centre and train station is this excellent investment opportunity offering five one bed and three bed sit style apartments in a self-contained block
EXCELLENT INVESTMENT OPPORTUNITY
1.Unique self-contained investment opportunity
2.Currently let on a FRI lease to Bolton at Home producing £35,520 PA.
3.Also offered with the very attractive added benefit of both freehold and leasehold interest
4.5 one bed and 3 bed sit apartments in a self-contained block with parking and good sized communal gardens
5.Excellent scope for future uplift in rent to current market rental value.
TENURE Freehold and Leasehold interest
COUNCIL TAX Bolton Council
VIEWING By appointment with the agents as overleaf.
Based on property / land value of £500,000 there will be an approx of £ Stamp Duty due.
Tax Band
%
Taxable Sum
Tax
Less than £250k
0
£
£
£250k to £925k
5
£
£
£925k to £1.5M
5
£
£
Over £1,500,000
10
£
£
Over £1.5 million
12
£
£
Total
£
or purchases over £500k, SDLT is charged at 2% from £125k to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 1st April 2025 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information
500000.00
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