# 1 bedroom flat for rent (BL1 4LJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 6 GILNOW ROAD, BOLTON, GREATER MANCHESTER BL1 4LJ |
| Price | £385 pcm |
| Bedrooms | 1 |
| Last sold | £140,000 Apr 2021 |

## Description

Located only 5 minutes drive from Bolton town centre, this stunning fully furnished 1 bedroom apartment is located on the top floor of a Victorian house. The conversion has been carried out to a high specification and combines contemporary design with Victorian charm. The apartment consists of open plan kitchen and lounge area, a good sized bedroom and a beautifully fitted modern bathroom. The apartment has stylish modern decor and furnishings and is available to let immediately.

## Property Photos

- ![Photo](/listings/photos/11688875/741004)
- ![Photo](/listings/photos/11688875/741006)
- ![Photo](/listings/photos/11688875/741008)
- ![Photo](/listings/photos/11688875/741010)

## Rental Range

*ONS Price Index of Private Rents (Bolton). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £795/mo
- **Realistic:** £883/mo
- **Optimistic:** £971/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Bolton and Bury (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £474/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Atlas Mill, BL1 | £850/mo | 1 | 0.76 miles | OpenRent |
| 1 Bed Terraced House, Victoria Grove, BL1 | £450/mo | 1 | 0.79 miles | OpenRent |

**Average rent: £650/mo (2 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £650/mo).*

- **Gross yield:** 2026%
- **Monthly cashflow:** £558/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6002.5%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)