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Chorley Place - Rent to buy apartments, available now

Stylish, convenient and affordable homes in the heart of Bolton

Chorley Place, Chorley Street, Bolton BL1 4AL

 

Chorley Place offers a modern collection of new homes that have been designed with modern urban living in mind. Each home has a stylish open plan kitchen, generously sized bedrooms, plenty of storage and off-road parking.

Located in the centre of the town with the beautiful Queens Park and the local amenities within easy reach, these new homes are ideally located. They are also within easy reach of central Manchester with good access to public transport links.

Chorley Place is ideally positioned to the Bolton Ring Road, M61 Motorway and Bolton train station. Bolton Bus Interchange is within walking distance, it's close to Bolton Train Station and has easy links to M61, M6 and M60 Motorways

Built to the latest modern energy efficient standards and packed full of features, we’ve really thought about how you’ll live in your new home. From the handy USB charging points, to the practical built in storage – these homes have been designed with convenience in mind.

The apartments are available via the government's Rent to Buy scheme. The one-bed apartment is available for £440 per calendar month (which is 80% of the market rent) and the two-bed apartment is available for £520 per calendar month (which is 80% of the market rent). The deposit for the one and two-bed apartments is five weeks rent and the monthly rent includes service charge.

 

rent to buy

Rent to buy is an affordable way of getting your foot on the property ladder.

What is Rent to Buy?

The government’s Rent to Buy scheme enables people who are struggling to save a deposit for a home to live in a new Rent to Buy home whilst they save for a deposit. The rent to live in the Rent to Buy homes is 20% below the market rent to help people save for a deposit.  Rent to Buy is sometimes also referred to as Rent to Save, Rent to Own or Intermediate Rent.

 

Who is eligible for Rent to Buy?

The applicants must be working (with a household income below £80,000) with an intent to buy their own home.  It's available to first time buyers or those returning to the housing market following a relationship breakdown.  Applicants must not own a property and applicant households must not have in excess of £80k capital following the purchase.

 

How much is the rent?

The monthly rent for the Rent to Buy homes is 80% of the average market for the area and includes the service charge. This is to allow tenants to save for a deposit to buy the property.

 

When can the Rent to Buy home be bought?

The Rent to Buy home can be bought outright or for shared ownership after five years of living in the home.

 

After 5 years what happens with the Rent to Buy home if it can’t be bought?

Every residency will be reviewed on a case by case basis before the end of the five year term. It's at the discretion of Irwell Valley Homes if residents can either remain in the property and pay market rent or if the property is needed to be allocated to another Rent to Buy applicant.

 

how do I apply for a Rent to Buy home?

Complete the Rent to Buy Application here 

Find out more about Rent to Buy here

key features

  • Spacious open plan kitchen-dining area
  • Contemporary modern kitchen
  • Air Source Heat Pump Water Heaters
  • Lift access to all floors
  • Secure door entry system
  • Electric heating
  • Highly insulated
  • Mechanical Ventilation with Heat Recovery (MVHR) system

 

The agent renting these homes on behalf of Irwell Valley homes is The Property Place. For all enquiries please contact them on 01612 228 550 or email info@thepropertyplace.uk.com

Chorley Place site plan 

One-bedroom apartment floor plan

Two-bedroom apartment floor plan

Typical bathroom

Typical kitchen

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