Bolton is one of the largest towns in Europe, known in the UK for being one of the friendliest places.
With Peter Kay and Paddy McGuiness being famous Boltonians - it is also one of the most fun places in the UK*.
*Not backed by research but totally true…
Common UK property investing knowledge says that you invest up North for the healthy yields but you put your money in the South if you want the capital growth.
We think it’s going to change.
Bolton’s property market has been steadily growing but still many quality properties can be purchased for around £100k or less. Bolton town is undergoing the biggest regeneration in its history with more than £1bn being spent over the next 15 years. Recent development of Logistics North situated just outside Bolton is already drastically changing the economic landscape of local area.
We believe that with all the projects going into Bolton they are going to make this town one of the best places to live around Manchester in the near future - making Bolton the best kept secret in the UK property investment.
But don’t just take our word for it...
Find out more about what Bolton has to offer.
1. Location, Location, Location
Bolton is one of the satellite towns of Manchester. Manchester City is only 12 miles away making Bolton a prime commuter belt location for city workers wanting to live away from the hustle (and the prices) of a metropolitan city.
Bolton enjoys fantastic motorway links - it's nested between M60, M61, M62 and M66 with M6 being a short drive away. Manchester airport is 20 miles away, whilst Liverpool John Lennon and Leeds Bradford airports being still only an hour’s drive away. The Lake District, The Peak District, and the western coastline can be reached within an hour's drive. If we don't have it in Bolton - we can get to it easily enough!
2. Economy and Employment
Bolton’s economic output is worth £4.6bn powered by the growing population currently sitting at around 280,000 and is the second highest employee base in Greater Manchester.
It’s also a home for one of the oldest football clubs in the world - Bolton Wanderers FC. The football club is located in Middlebrook, the largest leisure and retail complex in Europe.
Market Place in the town is a former Victorian market hall which has recently undergone £27m refurbishment creating a lively retail and leisure destination.
And last but not least Bolton is also a home to Logistics North, the biggest warehousing and transport hub of its kind in the North of England.
3. Logistics North
Logistics North has got an easy access to M60 and M62 which provides access to 60% of UK businesses and 20 million consumers within a 2 hour drive. It’s already a home to large international names such as Amazon, Aldi and Lidl. With further site developments we expect many other businesses setting up their premises here.
2.3 million people live within 30 minutes drive to Logistics North. But it’s not just all about strategic location. Bolton’s average wage is still below the regional average making it an attractive home to potential employers.
With very strong forecasted growth in logistics employment - 15.4% in Bolton, compared to 8.0% in Manchester and 7.7% in North West - the business future of this area is looking very bright.
The University of Bolton is one of the fastest growing higher education institutions in the UK and is located right in the town centre.
Together with Bolton Council and NHS Bolton it developed Bolton One - a £31m health, leisure and research centre.
The university itself has invested in a new business school, a law school and £13m National Centre for Motorsport Engineering opened in 2017 to drive forward the evolution of motorsport education and to house the Centre for Advanced Performance Engineering.
Some of the further investment projects include £40m hall of residence in the town centre to meet the growing demand for student accommodation.
The University of Bolton has recently formed a partnership with Bolton College and Bolton Sixth Form College to create one of the largest education providers in the country and is part of the £90m investment in the Education Zone.
Bolton is also a home to award-winning attractions such as the grade II listed Albert Halls which is a multi-purpose venue and popular historic landmark and the Octagon Theatre - currently undergoing a £10m investment to increase its capacity and make it more accessible.
Bolton Museum has seen £3.8m redevelopment and creation of a new Egyptology gallery and international visitor attraction. The museum’s extensive collection of artefacts from Ancient Egypt is attracting experts from all over the world. Visitors will soon be able to admire full size reproduction of a pharaoh’s tomb.
Bolton also regularly hosts various cultural events such as Bolton Food and Drink Festival - the largest of its kind in the North West, attracting more than 250,000 people for August Bank Holiday weekend.