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1 bed flat for sale

£86,250 (£223/sq. ft)

Lower Bridgeman Street, Bolton BL2

1 1 386 sq. ft*
Interested in this property? Call +44 151 382 1468 * or

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

Property description

Globe Works will comprise of 134 one, two and three bedroom loft style apartments over six floors in a redeveloped mill building in Bolton town centre.
Due for completion in June 2019 these apartments will combine original features such as exposed brick walls and copper highlights with new additions like onsite exercise room, swimming pool and cinema.
For residents the apartments will provide state of the art living and for investors a chance to own a buy to let property in an area that is benefitting from investment and growing population. There is also a gross yield guarantee of 7% for two years after completion.
Aimed at the professional market the apartments will make a fantastic home or buy to let investment property for people working in Bolton or nearby towns and cities.
Benefitting from modern open plan design and contemporary finishes the building is also mindful of sustainability with bio mass boilers.
The décor has been designed to complement the industrial style of the building with a palate of greys, whites and sleek lines. Wooden flooring throughout adds to the stylish contemporary feel.
With communal areas similar to a luxury hotel residents can enjoy large swimming pool and gym within the building along with a cinema room which will create a great sense of community amongst owners and tenants.
The spacious concierge reception and lounge area on the ground floor will provide an additional area to socialise along with added security.
These properties are available with a mortgage and the payment plan is as follows:
£5,000 reservation
30% on exchange of contracts 28 days later (less reservation fee)
20% six months after exchange
Balance on completion June 2019
Location:
Globe Works sits in an island position and is a well known building within Bolton town centre, just off the A666 providing excellent motorway links. Bus & Train station are within walking distance and all the local amenities close with Crompton Place and Market Place Shopping Centres nearby.
The commute to nearby Manchester is just 20 minutes by public transport.

Why Bolton?
As a key part of Greater Manchester, Bolton has secured close to £1 billion of inward investment in recent years including:
£487M of major reinvestment into the city has taken place in key areas of Bolton in recent years including within the town centre and university quarter
£48M has been invested in transport links for Greater Manchester including the New Bolton Bus Interchange
Outlaying industrial centres have also benefitted from cash injections which is driving more rental demand within the town centre
In the past 5 years job numbers in Bolton have risen by 3,000 with commitment from local government to raise this by a further 15,500 by 2034. This will drive residents looking for quality rental accommodation
Bolton residents will also benefit from HS2 high speed rail network in the future
For more information and your sales pack, contact one of our sales team today.
Market activity
Average price paid £139,508 Sales 477 Current average value £142,660 (Zoopla Zed-Index) Value change £1,787 ▲ 1.27%

Property value data/graphs for BL2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £242,848 £186 3.4 £229,456
Semi-detached £143,248 £158 3.0 £136,328
Terraced £101,244 £137 2.5 £99,284
Flats £102,154 £148 1.7 £160,920

Current asking prices in BL2

Average: £174,471
Avg. current asking prices in BL2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £94,467
(3)
£104,579
(64)
£153,689
(111)
£281,575
(31)
£813,333
(6)
Flats £101,562
(4)
£148,111
(9)
£151,125
(2)
- -
All £98,521
(7)
£109,946
(73)
£153,644
(113)
£281,575
(31)
£813,333
(6)

Current asking rents in BL2

Average: £533 pcm
Avg. current asking prices in BL2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £264 pcm
(6)
£551 pcm
(12)
£587 pcm
(14)
£1,054 pcm
(3)
£1,547 pcm
(1)
Flats £330 pcm
(12)
£410 pcm
(2)
- - -
All £308 pcm
(18)
£531 pcm
(14)
£587 pcm
(14)
£1,054 pcm
(3)
£1,547 pcm
(1)

Fun facts for BL2

Highest value in BL2
Highest value streets Zed-Index
Bradshaw Hall Drive £374,522
Hardcastle Gardens £357,202
Turton Heights £350,600
Riding Gate £318,887
Hebble Close £309,307
Highest turnover in BL2
Highest turnover streets Turnover
Everleigh Close 55.6%
Longsight Lane 53.6%
Shalfleet Close 52.6%
Withins Grove 50.0%
Kingston Avenue 45.5%

What Zoopla users think of Bolton

Overall rating:

  • currently 3.5 stars
Good - 71% (295 ratings)

Ratings breakdown:

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

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  • 1
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  • 1
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  • currently stars
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Nearby transport

  • Bolton (0.1 miles)
  • Moses Gate (1.6 miles)
  • Hall-i'-th'-Wood (1.6 miles)
  • Manchester International Airport (16.4 miles)
  • Liverpool John Lennon Airport (24.2 miles)
  • Blackpool International Airport (28.3 miles)
  • Liverpool Belfast Ferry Terminal Bootle (25.7 miles)
  • Liverpool Pier Head Ferry Terminal (26.4 miles)
  • Liverpool Isle of Man & Dublin Terminal (26.4 miles)

Nearby schools

View all schools in Bolton
  • Bolton Parish Church CofE Primary School (0.5 miles)
  • St Peter and St Paul RC Primary School (0.5 miles)
  • St Stephen and All Martyrs' CofE School, Lever Bridge (0.7 miles)
  • Bolton Sixth Form College (0.6 miles)
  • The Young Mums Unit (0.6 miles)
  • Bolton College (0.7 miles)
  • Bolton Islamic Girls School (0.6 miles)
  • Bolton Muslim Girls School (1.0 mile)
  • Bolton School Boys' Division (1.2 miles)
Note: Distances are straight line measurements

Local info for Bolton

About the neighbours in BL2

AskMe Q&A 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
Haus Liverpool, L1 on +44 151 382 1468 * (local rate)

Monthly running costs Beta

£502 Monthly total
Mortgage
Purchase price
Deposit (10%) 8,625
Repayment term 25
Interest rate 1.5
Your payment £310 /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 £105,000 Contents value up to £40,000 Average insurance cost £11/mo (£136/yr) 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 £26 Estimated energy cost £45/mo 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.

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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 Haus Liverpool, and do not constitute property particulars. Please contact Haus Liverpool 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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