Flat for sale in Bolton, North West, England

9th February 2012: The building has been totally cleared out of all the old fittings and fixtures, and the builders are on site commencing with the refurbishment. The rental website is now active, have a look: http://www.bolton-student-accommodation.co.uk/index.php Student Halls are an asset class that rarely become available to individual investors with universities tending to purchase units before they are offered to market and landlords not needing to sell due to the high yields.Rentals in this area remain robust with a recorded growth of 5% per annum over the last six years. (compared to 0.6% for commercial property). Substantially higher growth was achieved in university towns over the past academic year. Demand for university places rises during recessions and the proportion of students that are returning postgraduates has risen to 24%. Preliminary figures for the coming academic year already show a significant increase in applications with UCAS reporting a 12% rise at its October deadline. The majority of key university towns showed 100% occupancy rate for the last academic year with private halls mainly targeting affluent domestic, overseas and mature students. A brand new boutique students residence located in a fashionable square just off Bradshawgate in the heart of Bolton. The beautiful period building was once known as the prestigious Pack Horse Hotel. Now to be beautifuly converted to luxurious student accomodation in an enviable location ringed with busy bars, restaurants and office space. Student accomodation like no other – a superb range of luxuriously appointed ensuite rooms and studios complimented by a range of facilities that include a fully equipped gymasium, a vast central common room with pool tables, pinball and video games – cleverly converted from the hotels former ball room, plus laundry rooms and professionally appointed kitchens for the benefit of rooms that don’t contain their own. Plus all rooms are fully funrished to an exceptional standard and benefit from wall mounted LCD Televisions with free WiFi. Many rooms and suites have glorius views of the historic Nelson Square. Put simply – Quorum raises the bar to a new level Location Set within a Conservation area, part of a beautiful imposing terrace with Georgian facade. The only student accomodation in Bolton to offer this standardof living space and the first private halls of residence in Bolton. Ideally located on Nelson Square – itself a land mark - at the heart of the town centre and only minutes walk fromUniversity, the bus and railway transport hubs, and all other town centre amenities. Destined to be the prime choice of living for all students studying in Bolton – and espcecially caters for older post graduates students. At a national level, student accommodation is being reported as 'the UK's best sector' in property and the recently issued report by Knight Frank not only quotes total returns last year for this sector as reaching 14.65% but states ”The student accommodation sector is now recognised as forming a critical component of a balanced investment portfolio"