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Studio for sale

£57,750 (£219/sq. ft)

Great Moor Street, Bolton BL1

1 264 sq. ft*
Interested in this property? Call +44 1702 787668 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Invest from as little as £46,950 with no hidden costs for the investor
  • Properties managed by a proven management company with no management
  • Both during construction at 5% and 5 years post construction at 9% Net.

Property description

4 Great Moor Street will consists of 140 Student properties, 119 en-suites and 21 studios and is located a mere 10 minutes' walk from the main university campus in Bolton. Close to bars, restaurants and supermarkets the development will offer investors a lucrative opportunity to generate a 60% roi in just 5 years. Prices start from only £46,950 and rent is assured at 9% net for 5 years.

This exciting opportunity centres around 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.
Market activity
Average price paid £158,060 Sales 800 Current average value £157,054 (Zoopla Zed-Index) Value change £1,782 ▲ 1.15%

Property value data/graphs for BL1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £343,962 £223 3.9 £299,791
Semi-detached £172,124 £168 3.1 £162,030
Terraced £93,770 £134 2.6 £98,487
Flats £114,754 £173 1.8 £104,647

Current asking prices in BL1

Average: £203,207
Avg. current asking prices in BL1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £37,475
(2)
£101,362
(72)
£177,122
(81)
£378,234
(46)
£468,769
(21)
Flats £58,927
(46)
£137,194
(59)
£141,236
(4)
- -
All £58,033
(48)
£117,500
(131)
£175,433
(85)
£378,234
(46)
£468,769
(21)

Current asking rents in BL1

Average: £592 pcm
Avg. current asking prices in BL1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £522 pcm
(8)
£477 pcm
(34)
£677 pcm
(24)
£1,097 pcm
(12)
£1,128 pcm
(5)
Flats £457 pcm
(33)
£599 pcm
(27)
£397 pcm
(3)
- £303 pcm
(1)
All £470 pcm
(41)
£531 pcm
(61)
£646 pcm
(27)
£1,097 pcm
(12)
£991 pcm
(6)

Fun facts for BL1

Highest value in BL1
Highest value streets Zed-Index
Victoria Road £797,584
Oakley Park £722,864
The Highgrove £602,432
Ravens Holme £502,691
Ravens Wood £483,675
Highest turnover in BL1
Highest turnover streets Turnover
Bazley Street 63.2%
Playfair Street 60.0%
Columbia Road 54.5%
St. Pauls Place 53.3%
Larkspur Close 50.0%

What Zoopla users think of Bolton

Overall rating:

  • currently 3.5 stars
Good - 71% (328 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Bolton:

Tell us what you think of this area by rating these categories.
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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Bolton (0.2 miles)
  • Hall-i'-th'-Wood (1.5 miles)
  • Moses Gate (1.8 miles)
  • Manchester International Airport (16.7 miles)
  • Liverpool John Lennon Airport (24.2 miles)
  • Blackpool International Airport (28.1 miles)
  • Liverpool Belfast Ferry Terminal Bootle (25.5 miles)
  • Liverpool Pier Head Ferry Terminal (26.3 miles)
  • Liverpool Isle of Man & Dublin Terminal (26.3 miles)

Nearby schools

View all schools in Bolton
  • St Peter and St Paul RC Primary School (0.5 miles)
  • Bolton Parish Church CofE Primary School (0.6 miles)
  • Gaskell Community Primary School (0.7 miles)
  • The Young Mums Unit (0.5 miles)
  • Youth Challenge Pru (2.0 miles)
  • Abbey College Manchester (10.0 miles)
  • Bolton Muslim Girls School (0.9 miles)
  • Bolton School Boys' Division (1.0 mile)
  • Eden Boys' School Bolton (1.1 miles)
Note: Distances are straight line measurements

Local info for Bolton

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Sand Royale, SS7 on +44 1702 787668 * (local rate)

Monthly running costs Beta

£406 Monthly total

Mortgage

Purchase price
Deposit (10%) 5,775
Repayment term 25
Interest rate 1.5
Your payment £207 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £99,000 Average insurance cost £20/mo (£241/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £19 Electricity £24 Estimated energy cost £43/mo

Similar properties could save up to £144

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5700 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Bolton

Estimated tax band A Council tax cost £108 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £13 Sewerage £15 Estimated water cost £28 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Sand Royale about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Sand Royale, and do not constitute property particulars. Please contact Sand Royale for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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