With prices having risen by approximately 130 per cent in the last five years, Bolton is fast becoming one of north Manchester's prime residential locations - a fact which has been borne out at PJ Livesey's current Bolton development, The Cottonworks. The 1926 mill, which was the last mill to be built in the area, has been partially released by the conversion specialist and the sales team has been inundated by calls from buyers who missed out on the company's last mill development in Bolton and are keen not to be left behind again.
The Grade II listed building, which will be home to 284 luxury apartments, was designed and built for Sir John Holden by Bradshaw, Gas and Hope and has retained a number of distinctive architectural features which PJ Livesey expect will appeal to the more discerning homebuyer. Show apartments are expected to open on the development in March to give visitors the opportunity to see the stylish, modern designs that have been introduced behind the remaining facades of the historical mill town's most identifiable assets.
Within five minutes of Bolton's town centre, The Cottonworks is in a prime location. An ideal alternative to Manchester City Centre living for commuters who yearn for extra space and style, the one, two and three-bedroom apartments promise to make this attractive development one of Bolton's most talked about addresses for some time to come.
Six years ago, PJ Livesey launched an old mill development, Eagley Mills situated less than a mile from the current development. In the time since the final sale on Eagley Mills and the launch of The Cottonworks, prices on the first development have risen by an average of between £70,000 and £90,000.
PJ Livesey's sales manager, Colette Gannon has spoken to a few homebuyers who regret not having bought in 2001: "A lot of local prospective buyers have seen the PJ Livesey signage for The Cottonworks and have come to register their interest in these apartments and, in doing so, have expressed regret that they either hesitated or didn't secure the finances early enough to purchase at Eagley Mills given the rate at which the value of the properties has risen. They don't want to make the same mistake twice and are keen not to miss out with these latest apartments."
In the last decade, Bolton's popularity has grown with a range of trendy bars, cafés, restaurants and smaller specialist shops joining the ranks of busy chains and High Street names which flank the town centre. With improved public transport links to major northern city centres and easy access to motorways, Bolton looks set to continue to flourish.
For further information on The Cottonworks, or to register your name as an 'early bird' enquirer, please call 01204 305012 (open Thursday to Monday from 10.00 am to 5.00 pm) or 0800 7830259 (freephone).
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Press contact: Deborah Garritty/Elizabeth Swain @ Bell Pottinger North