# 2 bedroom flat for sale (BL1 2JT) ## Property Details | Key | Value | |-----|-------| | Address | Marsden Road, Bolton Town Centre, Bolton, BL1 2JT | | Price | £60,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Last sold | £55,000 | ## Description CALLING BUY TO LET INVESTORS ONLY! FOR SALE WITH A SITTING TENANT ** INCOME PRODUCING FROM DAY ONE! Greenwood James are delighted to offer for sale this fifth floor apartment located in the town centre of Bolton. Offered for sale with a sitting tenant and income producing from day one, with an annual rental yield of £5400 pa. The apartment block has lift access. Internal accommodation offering entrance hallway with double storage cupboard having plumbing for washing machine, intercom phone system, two bedrooms with master having en suite and three piece bathroom suite. Lounge area with Juliette balcony and french doors with opening to kitchen having electric hob, oven and integrated fridge freezer. The apartment is warmed by electric heaters. Call now to view! **Disclaimer** - Please note: Electrical or other appliances, service installations, heating systems, security alarm systems and satellite receiving equipment, where applicable, have not been tested and interested parties are recommended to carry out their own investigations as to their condition and serviceability before contracts are exchanged. All measurements are approximate and have been obtain by a laser measuring device. The photographs are for illustration purposes only it should not be assumed that any contents, furnishings or furniture shown on the photographs are included in the sale nor should it be assumed that the property remains as displayed in the photographs. **Communal Access With Lift** - **Entrance Hallway** - Electric heater and laminate floor. Double storage cupboard with plumbing for washing machine. **Bathroom** - Three piece suite comprising of bath with shower mixer tap, w/c and sink pedestal. Part tiled walls and tiled floor. **Bedroom** - 2.31 x 5.55 (7'7" x 18'3") - Double glazed window, laminate flooring and electric heater. **En Suite** - W/C and sink pedestal with shower cubicle and electric heater. **Bedroom** - 4.48 x 2.40 (14'8" x 7'10") - Double glazed window and electric heater. Laminate flooring. **Lounge** - 5.49 x 2.85 (18'0" x 9'4") - Double glazed window, laminate flooring and electric wall heater. Juliette balcony and french doors. **Kitchen** - 3.48 x 2.74 (11'5" x 9'0") - Range of wall and base units with contrasting work tops. Electric oven and electric four ring hob. Integrated fridge freezer. Single drainer sink with mixer tap. Tiled floor. -- Key Features Fifth Floor Apartment Two Double Bedrooms Lounge & Kitchen En Suite & Bathroom -- You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website. IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales 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. Any 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 measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. 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. ## Property Photos - ![Photo](/listings/photos/62295598/1257579) - ![Photo](/listings/photos/62295598/1257580) - ![Photo](/listings/photos/62295598/1257582) - ![Photo](/listings/photos/62295598/1257585) - ![Photo](/listings/photos/62295598/1257587) - ![Photo](/listings/photos/62295598/1257594) ## EPC Graphs - ![EPC 1](/listings/photos/62295598/1257599) - EPC 1 - ![EPC 2](/listings/photos/62295598/1257601) - EPC 2 - ![EPC 3](/listings/photos/62295598/1257604) - EPC 3 ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] MARSDEN HOUSE 508 MARSDEN ROAD, BOLTON, GREATER MANCHESTER, BL1 2JT | £68,000 | 19/05/2023 | Flat | | [Same street] MARSDEN HOUSE 409 MARSDEN ROAD, BOLTON, GREATER MANCHESTER, BL1 2JT | £49,000 | 13/02/2023 | Flat | | [Same street] MARSDEN HOUSE 518 MARSDEN ROAD, BOLTON, GREATER MANCHESTER, BL1 2JT | £88,500 | 11/01/2023 | Flat | | [Same street] MARSDEN HOUSE 405 MARSDEN ROAD, BOLTON, GREATER MANCHESTER, BL1 2JT | £72,000 | 21/12/2022 | Other | | [Same street] MARSDEN HOUSE 517 MARSDEN ROAD, BOLTON, GREATER MANCHESTER, BL1 2JT | £82,000 | 13/12/2022 | Other | | [Same street] MARSDEN HOUSE 408 MARSDEN ROAD, BOLTON, GREATER MANCHESTER, BL1 2JT | £63,500 | 09/12/2022 | Flat | | [Same street] MARSDEN HOUSE 414 MARSDEN ROAD, BOLTON, GREATER MANCHESTER, BL1 2JT | £76,000 | 26/10/2022 | Flat | | 120 ST GEORGES ROAD, BOLTON, GREATER MANCHESTER, BL1 2BZ | £275,000 | 14/06/2022 | Flat | | [Same street] MARSDEN HOUSE 603 MARSDEN ROAD, BOLTON, GREATER MANCHESTER, BL1 2JT | £56,000 | 25/08/2021 | Flat | **Street average:** £69,375 (8 sales) **Area average:** £275,000 (1 sale) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £127,167 (30 Flat, BL1, 2024–2026) - **Deviation:** -52.8% ## 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):** £573/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 | |------|------|------|------|------| | 2 Bed Flat, Bradshawgate, BL1 | £1,000/mo | 2 | 0.5 miles | OpenRent | **Average rent: £1,000/mo (1 listing)** ## 1% Rule - **Rent ratio:** 1.67% (strong) - **Max investor price (0.8%):** £125,000 - **Target investor price (1%):** £100,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,000/mo).* - **Gross yield:** 20% - **Cost-to-rent:** 5× - **Monthly cashflow:** £639/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 44% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. 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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 6% - **10y growth:** 6.7% ## House Price Index (HM Land Registry) *Official index for Bolton; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -2.6% - **5y growth (index):** 17.1% - **10y growth (index):** 54.9% ## 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)