10/01/2018
GLOBE WORKS, BOLTON
· Prices Starting From £88,000
· Assured Yield Of 7% For 2 Years
· Central Location
· Anticipated June 2019 Completion
Originally built as a textile mill in 1884, Globe Works Mill is located just 500m from Bolton town centre. It stands on an island site demarcated by three roads: Lower Bridgeman Street, Bridgeman Place and Ash Street.
The mill was rebuilt in 1929 and served a variety of industrial purposes throughout the 20th and early 21st centuries. Now, it is the subject of a major conversion scheme that will see the creation of 134 ultra-modern, high specification residential apartments.
The scheme is being led by an experienced British developer and will create a variety of 1, 2 and 3 bedroom properties - all aimed squarely at the growing professional market. Featuring an exclusive residents cinema, swimming pool,
relaxation area and exercise room as well as a reception and concierge service, the project will respect the building's heritage, making extensive use of copper fixtures and exposed brickwork. Work is expected to finish in June 2019.
Globe Works offers investors an excellent opportunity to secure highly desirable rental properties at preferential pre-market rates. The loft-style apartments can be reserved for just £5,000 with 30% (less £5,000 already paid) due on exchange of contracts within 28 days, a further 20% due 6 months after exchange with the remaining 50% due on completion. Investors can also count on an assured 7% yield for the first two years after completion.
Call us today on 0161 821 1521
https://www.northernpg.co.uk/globe-works
