Property Investment In Bolton
Are you looking for a great property deal in the Bolton area? We’ve got you covered.
Should you invest in property in Bolton?
Bolton (Greater Manchester) isn’t the area that comes to mind for most when you’re thinking of investing in property in the North East, but it should be one you consider. The town sits 10 miles outside of Manchester, making it popular for commuters looking for a cheaper property – and as well as that, they are throwing a lot of money into regenerating the area with plans for a £1.5bn town centre.
The key areas of growth in Bolton include the retail, tourism, leisure and business / commercial sectors. It’s particularly attractive as an area for young professionals and students due to the University of Bolton which has a student population of around 14,000.
Also – another massively appealing reason to buy as an investor in Bolton is the cheap house prices, but we’ll touch on that later.
What investment opportunities are there?
Being a hub for professionals and students with such close proximity to Manchester, you might imagine that the area attracts a lot of different types of people and therefore investors. Here are just a few of the common types of investment opportunities we offer in the area:
- Buy To Let
- Below Market Value
- Commercial Property
- Student Accommodation
- Houses of Multiple Occupation
What yields can you get in Bolton?
As of September 2024, the average house price in Bolton was £200,000, reflecting a 5.0% increase from £190,000 in September 2023. In October 2024, the average monthly private rent in Bolton rose to £777, up 10% from £706 in October 2023.
Based on these figures, the average rental yield in Bolton is 4.66%. This is calculated by dividing the annual rental income by the average property price.
This yield is slightly lower than the 5.22% reported in July 2021, which was based on an average house price of £187,253, and an average rental price of £814 per month.
Bolton house prices
As of September 2024, the average house price in Bolton was £200,000, marking a 5% increase from £190,000 in September 2023.
This growth is consistent with the trend observed in 2020, when the average house price was £187,253 – an 11% rise from the previous year and a 15% increase from 2018’s peak. The positive trajectory of Bolton’s housing market indicates sustained growth over recent years.
However, it’s important to note that actual house prices do vary depending on the property type, location and condition. For instance, in September 2024, detached properties in Bolton averaged £348,000, semi-detached properties £213,000, terraced properties £161,000 and flats £123,000.
Bolton areas to invest in
Bolton has a lot to offer investors, and there are lots of different areas amongst the city that appeal to different kinds of investors.
If you’re looking at investing in Bolton, your next question would likely be, well which specific areas should I invest in? Here are some of the areas we’d recommend.
- Ainsworth
- Bradley Fold
- Breightmet
- Bromley Cross
- Burnden
- Daubhill
- Deane
- Doffcocker
- Farnworth
- Greater Lever
- Halliwell
- Haulgh
- Heaton
- Little Lever
- Markland Hill
- Moses Gate
- Prestolee
- Radcliffe
- Smithills
- Tonge
Bolton has a lot to offer investors, and there are lots of different areas amongst the city that appeal to different kinds of investors.
If you’re looking at investing in Bolton, your next question would likely be, well which specific areas should I invest in? Here are some of the areas we’d recommend.
Also check out our Buy To Let specific Bolton page!
Invest in Bolton
Discounted property with high yields
Transparent & honest throughout the process
We’re property experts with years of experience
Investment opportunities tailored to your requirements
WHY INVEST WITH US?
Simply put, we’ll get you the best possible deal. Our sister company, The Property Buying Company, have been in the property buying industry for years & we have access to all their stock which is at a price point that is ready for investors to buy and make a great return on.
No middlemen, no stress & no hassle. We make investing in property and growing your portfolio as easy as it possibly can be.