Modern Method of Auction
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We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · BL1 8WD
For saleReduced £5k (−6.3%) on 26 OctListed 417 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
I'm delighted to present this immaculate penthouse apartment that's now available for sale with a tenant in situ paying £650 PCM which gives you a yield of 9.75!!!.
This property is in excellent condition, as modernised throughout offering an open-plan layout that brings an abundance of natural light into the residence.
This flat features one spacious bedroom, an open-plan kitchen bathed in natural light, a modern bathroom, and a comfortable reception room.
The kitchen has been carefully designed to offer a perfect blend of functionality and style, making it the heart of this home.
The bedroom, too, offers plenty of space and is sure to provide a tranquil retreat after a busy day.
Additionally, the property has been awarded an EPC rating of C, indicating its good standard of energy efficiency. It also falls into the Council Tax Band A, making it an affordable choice for many.
One of the unique features of this property is the included parking space.
This practical addition lifts the burden of finding a safe spot for your vehicle and adds an extra layer of convenience to your living experience.
Location is always key, and this property doesn't disappoint. It boasts excellent public transport links, making it easy to traverse the city.
For families, the proximity to nearby schools is a significant advantage.
Plus, the local amenities are just a short stroll away, ensuring that you have easy access to everything you need for comfortable living.
In summary, this flat offers a stylish and well-located choice for anyone looking to invest in the area. Please contact us for further details or to arrange a viewing.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our 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.
The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
QBU250225/2 Auction Terms & Conditions Auctioneer Comments This property is for sale by the Modern Method of Auction.
Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor.
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how (truncated) PLEASE NOTE At The time of producing this brochure we was unable to gain measurements.
Entrance Hall Communal entrance to the property via an intercom system. The property is located to the top floor.
Once in the apartment you have a hallway providing access to the living room/kitchen, bedroom and bathroom.
Living Room The living area provides double glazed French doors with a Juliet balcony and freshly laid new carpet.
The Kitchen area provides a range of wall and base units in white with matching worktops and a built in stainless steel sink unit.
There is an integrated electric oven and hob with extractor hood over plus space for a tall fridge freezer. There is also a double glazed window to the side along with freshly laid laminate flooring.
Ceiling lights to the ceiling. Bedroom One Double glazed French doors with Juliet balcony along with a further double glazed windows.
Free standing mirrored robes and a desk table is also included. the property has been laid with a freshly laid carpet.
Bathroom Three Piece bathroom suite comprising of a panelled bath with shower over, with an glass screen protector. W/C and wash hand basin, plus complimentary splash back tiling.
There is freshly laid laminate flooring, plus extractor fan and ceiling light. Outside Communal garden areas and allocating parking available.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 advisers 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 Waterside Gardens, Bolton, Greater Manchester, BL1
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