Bolton, Greater Manchester

Key facts

  • Smart home technology included as standard

  • City Centre location

  • Studio, 1 beds, 2 beds

  • Completed development

  • 6.5 - 7.5% yield

  • Prices from £85,500

Greater Manchester - A buy to let hotspot

Why invest in Manchester?

The town is one of the most important parts of the Greater Manchester economy, and it seems as though its importance is only going to increase given the current economical growth Bolton is experiencing itself. This is largely thanks to two main factors, ‘The Bolton Masterplan’ and ‘The Bolton Economic Strategy for Growth’. Both plans go hand in hand in the hope of boosting the ever-growing Bolton economy.

The Bolton Economic Strategy is Bolton’s strategy for growth from 2016 to 2030.

The strategy aims for a vibrant and peaceful Bolton in 2030 with a strong, productive and hard-working economy. The key factors in achieving these goals include:

KEY HIGHLIGHTS

  • £1bn of town centre investment in the next 15 year (commercial developments and housing schemes).

  • Masterplan aims will result in over 2000 new homes, 7,400 new jobs being created and a £4.6 billion increase in the local economy.

  • Increase of around 30% in house values for apartments across Bolton in the last 5 years.

  • £50 million transport interchange recently completed.

  • University of Bolton is one of the fastest growing higher education institutions in the UK.

  • £31m investment in health, leisure and research centre (developed in partnership with Bolton Council and NHS Bolton), including a new business school and a law school.

 

CONNECTIVITY

Another reason why investors consider Bolton is because of its geographical proximity to Manchester; only a 20 minute journey away. This means that Bolton is a perfect commuter town for those working in Manchester but who choose to avoid increasing costs. Many professionals working in Manchester will be looking to capitalise on Bolton’s local investment by moving into the new residential developments currently under construction.

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