This exciting opportunity centres on a very prominent site in Bolton Town Centre. The developer has acquired the site and has already obtained full planning permission to build a Purpose Built Student Accommodation building consisting of 119 en-suite pods and 21 Studios. Sizes will range between 12-29m² and all properties will be finished and furnished to an excellent standard.
4 Great Moor Street boasts world class facilities, including a reception area, communal kitchens, laundry rooms and landscaped gardens - everything a student needs to live in comfort. When the project is complete it will offer all students the very best in luxury living.
The site is located in and amongst a busy area within Bolton Town Centre, on a key through route road connecting Bradshawgate to Moor Lane. The university campus is situated approximately 0.6 miles away from the site and can be reached in two minutes by car or around 10 minutes on foot, which makes the education zone easy to access from the proposed development.
Bolton train station is located approximately 300m away and with the new, soon to be completed Bolton Transport Interchange literally opposite the site, nationwide transport access will be even easier than it currently is. 4 Great Moor Street has been designed by leading architects within the student property market and the building will be completed to an excellent standard. Using only the finest materials, the developer will spare no expense in creating the perfect building. Boasting amenities such as a Zen inspired garden and courtyard area, a state of the art games and communal room as well as a reception area, the development will create the perfect home from home for prospective students. Security will remain paramount in the building and CCTV will be present throughout.
The rooms will be spacious and include all of the things students need to make themselves feel at home. Both the en-suites and studios will have access to their own private bathrooms that will comprise of a toilet, sink and shower. In addition they will come fully fitted with wardrobe space as well as a desk and chair for study. All rooms will be fitted with flat screen TV’s and have microwaves as well as a kettle as standard.
Communal kitchens will be equipped to a very high standard, complete with a slimline fridge, study area, ovens, as well as a communal TV and ample space for students to gather and convene. All properties will feature complimentary high speed WIFI throughout.
Bolton, regarded as being one of the UK’s friendliest towns has never been as prominent as it is today. In recent times the local economy has been transformed and today the town revels in its status as being one of the more up and coming towns in the North of England. Bolton is a major economic force, both within the Manchester City Region and across the UK in general. In recognising Bolton’s strengths as a business location, many major companies have chosen to make Bolton their base including AXA, RBS, Hitachi and the UK’s second most important grocery brand, Warburton. Bolton is home to the region’s fastest growing profession-focused university, Bolton plays a significant role in the development of the knowledge economy in Manchester City Region and the wider Northwest as whole.
The studio and en-suite apartments start at £57,750 and £46,950 respectively. Investors stand to realise a minimum of 9% yearly NET yield as the rent stands at £4,225 and £5,200 respectively. The apartment proposes all the basic needs of a student with a bedroom, kitchen and small dining table in the main living room area and an en-suite bath and shower.
A major driving force behind the recent growth in the student property market in Bolton of late has been the distinct lack of supply of purpose built PBSA’s. Some university centres have no private PBSA buildings and so, the entire reliance is on university halls which are often old, of lower standard and offer no decent facilities. What’s more, given the UK government’s recent pledge to introduce a “no cap on the number of overseas students who come and study at our universities” as well as the expected 5% increase of students intake in 2015, demand continues to outstrip supply across all major cities and a correction in the market looks unlikely anytime soon. Bolton is currently ranked one of the best places in the UK for start-up businesses and is increasingly being recognised as a strategic investor’s destination of choice. A key reason behind this is the high level of regeneration the town is currently experiencing. Driving through Bolton City Centre, one can’t help but notice the regeneration and millions of pounds being invested in revamping shop fronts, building new transport terminals and generally improving the overall look of the town. In the past few years alone, the city has experienced immense regeneration and with many forthcoming projects in the pipeline, it is no wonder smart investors are choosing Bolton.
- Bolton University - 0.6 miles
- Bolton College - 0.4 miles
- Crompton Place Shopping Centre - 0.2 miles
- Bolton Market - 0.2 miles
- Morrissons Supermarket - 0.2 miles
- Middlebrook Retail Park - 5.2 miles
- Bolton Train Station – 5 mins walk
- Bolton Bus Station – 5 mins walk
- The New Bolton Travel Interchange - 2mins walk;
- Bolton Cineworld - 2.2 miles
- Bolton Museum - 2.2 miles
- Vue Cinema - 5.2 miles
- Bolton Little Theatre - 1.5 miles
- J2 Nightclub – 2 mins walk
- Bolton One – 6 mins walk
- Sharples leisure centre - 2.2 miles
- Virgin Active Bolton - 2.2 miles
- Bolton Wonderers Football Club – 7 miles
- Royal Bolton Hospital - 2.2 miles
- Bolton Medical Centre – 1 mile
- 3D Medical Centre - 0.8 miles
- DR Lyon and partners GP - 0.2 miles
- NatWest bank – 5 mins walk
- Barclays bank – 5 mins walk
- Halifax Bank – 8 mins walk
- Lloyds Bank – 5 mins walk
- Santander Bank – 10 mins walk
For further information on the purchase process please request your free brochure or get in touch with us today.