Cedar Wood Court, Chorley New Road, Bolton, Lancashire
Guide price £750,000 Freehold

Positioned within the highly regarded Heaton area along Chorley New Road, this portfolio of four contemporary two-bedroom bungalows presents an excellent opportunity for investors seeking a low-maintenance, income-producing asset with immediate returns from day one.

Constructed to an attractive Scandinavian-inspired design, each property has been built with modern rental demand in mind, combining stylish interiors with energy-efficient features and practical single-level living. All four properties are currently tenanted and professionally managed by Harrisons Estate Agents, allowing for a genuinely hands-off investment opportunity with established rental income already in place.

Internally, each bungalow briefly comprises an entrance hallway leading into a spacious open-plan lounge and kitchen area fitted with a range of integrated appliances. The properties benefit from double glazing, underfloor heating and contemporary finishes throughout, helping to minimise ongoing maintenance whilst appealing strongly to long-term tenants.

Each home offers two well-proportioned bedrooms together with a modern bathroom featuring a walk-in rainfall shower. Externally, the properties benefit from private gardens with decking areas, creating attractive outdoor spaces for occupiers.

The portfolio currently generates a combined rental income of approximately £4,000 PCM (£48,000 per annum), offering investors an established and reliable income stream from completion. Being sold with tenants in situ, buyers avoid the costs, void periods and uncertainty typically associated with sourcing tenants following purchase.

Located within one of Bolton’s most consistently desirable residential areas, the properties benefit from strong tenant demand due to excellent transport links, nearby amenities, reputable schools and convenient access into Bolton town centre and Manchester.

Based on the asking price of £750,000 and annual rental income of £48,000, the portfolio provides an approximate gross rental yield of 6.4%.

Middlebrook Retail Park (4.0 miles)

Queens Park (1.1 miles)

Bolton Rugby Union Club (1.5 miles)

Westhoughton Golf Club (4.8 miles)

Cedar Wood Court, Chorley New Road, Heaton, BL1

Portfolio sale – 4 x two-bedroom bungalows

Asking price: £750,000

Fully let with tenants in situ

Managed by Harrisons Estate Agents

Rental income: £48,000 PA / £4,000 PCM

Approx. gross yield: 6.4%

Scandinavian-style modern build

Underfloor heating & integrated appliances

Low-maintenance, turnkey investment

Immediate income from completion

Prestigious Heaton location

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Entrance Hallway: 2.36m x 2.47m

Laminate flooring. Skylight. Frosted glazed side panel. Composite entrance door. SNUG thermostat.

Open Plan Lounge/Kitchen: 5.17m x 3.05m

Open plan living space featuring laminate flooring and sliding doors leading to the exterior. Fitted kitchen comprising matte grey wall and base units with marble effect worktops, integrated fridge/freezer, integrated oven, four-ring induction hob and extractor fan. Matte grey sink with chrome mixer tap and drainer. Four skylights. Three ceiling light fittings. Two wall lights. Double glazed window with opener together with an additional double glazed unit.

Bedroom One: 2.68m x 5.17m

Double bedroom benefiting from carpet flooring, skylight, pendant light, double glazed window and patio doors leading to the rear garden.

Bedroom Two: 2.05m x 2.74m

Carpet flooring. Skylight. Ceiling recessed spotlights. Double glazed window with opener.

Bathroom: 1.65m x 2.81m

Modern bathroom fitted with tiled flooring and half tiled walls. White three-piece suite incorporating sink unit, W.C and bath. Walk-in shower cubicle with overhead rainfall shower. LED wall mirror. Ceiling recessed spotlights. Extractor fan. Frosted double glazed window with opener.

AML Disclaimer

Please note it is a legal requirement that we require verified ID from purchasers before instructing a sale. Please also note we shall require proof of funds before we instruct the sale, together with your instructed solicitors.

Agents Note

Under Section 21 of the 1979 Estate Agents Act we must declare if the owner of this property is related to an employee of Harrisons Lettings and Management Ltd.

Agents Note.

We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Harrisons Lettings and Management Ltd.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:

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 travelling some distance to view.

POTENTIAL PURCHASERS:

Fixtures and fittings other than those mentioned are to be agreed with the seller.

BUYERS INFORMATION

To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Credas, which Harrisons Lettings and Management Ltd will send your AML check. There is a nominal charge of £30 including VAT for this (per person), payable direct to Harrisons Lettings and Management Ltd. Please note, we are unable to issue a memorandum of sale until the checks are complete.

REFERRAL FEES

We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Harrisons Lettings and Management Ltd.

Harrisons Lettings and Management are members of the property ombudsman redress scheme (membership no. T09665). All clients money is protected with Clients Money Protection (CMP). Harrisons Lettings and Management are members of ARLA PropertyMark (membership no. M00006602)