5-bedroom house · BL2 1JF
For saleListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Six established residential investment blocks now available .
Josephs Estate Agents are delighted to offer investors the opportunity to acquire six separate apartment blocks, each comprising 5 self-contained one-bedroom apartments.
This is a particularly attractive opportunity for both experienced landlords and investors looking to expand their residential portfolio with income-producing assets that have an established rental history.
The investment: 10 Bromwich Street and 22 Bromwich Street block comprises: • 5 self-contained 1 and 2 bedroom apartments in each unit. • £29,500 per annum rental income - Gross.
• Apartments have been successfully rented for approximately 16 years • Professionally managed by Josephs Estate Agents • Established rental demand and proven income history • Offered at £300,000 per unit.
At the asking price of £300,000, the current rental income of approx. £29,500 per annum represents a gross rental yield of approximately 11.32%, before costs.
Six-block portfolio opportunity For investors looking to acquire multiple assets, there is the opportunity to purchase all six blocks, providing a combined portfolio of 30 self-contained one-bedroom apartments A combined rental income of approximately £180,000.
At £1.96 million for all six blocks, this represents a combined gross yield of approximately 10.88%, based on the current rental income. Why this opportunity stands out.
The blocks have a proven rental track record, having been occupied and generating income over the past sixteen years, with the properties managed through our established estate agency for the last 6 years.
This is an opportunity to purchase vacant units and build an income stream from scratch or simply take over a ready portfolio and start earning a return from day one.
Investors are acquiring an established residential investment with a sixteen-year rental history, existing demand and professional management already in place.
The combination of multiple self-contained apartments, established rental income and professional management makes these properties particularly suited to landlords seeking to build or increase their residential investment portfolio.
Investors interested in acquiring individual blocks or discussing the six-block portfolio as a whole are encouraged to contact Adam at Josephs Estate Agents for further information and to arrange a viewing.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 22, Bromwich Street, Bolton
Explore nearby