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Property

Farnworth market precinct set to get £50m transformation including 200 new homes

‘Bringing the power back to the town centre’

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Capital & Centric

Farnworth market precinct is set to become a new vibrant town centre community with £50m transformation plans. 

A deal has recently been agreed between Bolton Council and stars of BBC2 documentary Manctopia Capital & Centric to regenerate the site and rejuvenate the town centre. 

Those from the area are being asked what they think of the proposals of around 200 new modern homes surrounding the public space, as well as a flexible indoor community space with a village hall feel. 

The vision is to create a new bustling destination for artisan markets, live events, art galleries and pop-ups for foodies.

Capital & Centric

The site is a short walk from the train station, sitting on King Street, giving it easy access to both Bolton and Manchester. The refurbished bus station is also on the site’s doorstep, making it an ideal location for commuters.

A linear park will also link to Farnworth Central Park to bring green space to the doorstep of the community. 

Locals are being asked what amenities they would like to see as part of the market precinct such as café-bars, delis, a mini-cinema, gym and co-working space for workers and businesses to base themselves.

Tim Heatley, co-founder of Capital & Centric, said: “It’s been talked about for a while now, but I think 2021 will be the watershed year for rebooting and levelling up our town centres. To get them thriving again we need to bring people into the town centre, so we’re bringing homes of a quality seen in the city centre right into the heart of Farnworth.

“These will sit alongside all the other bits you need to make a proper community, so tons of outside space, with a new public square and linear park, and a new indoor community space for events and pop-ups.

“We’ll also have all the other parts of the eco-system like café-bars, delis, a mini-cinema, gym and co-working space. This will be a new destination for people living in Farnworth to live, work and hang out. As usual for us we’ve gone for a bold design and we’re keen to hear what people think. We’re buzzing with ideas but we want to create this community together so come and join the conversation!”

Capital & Centric

Deputy Leader of Bolton Council, Cllr Martyn Cox added: “It’s really exciting to see the proposals for Farnworth town centre beginning to take shape so quickly. CAPITAL&CENTRIC have made a great start since the council agreed the deal with them last year to take forward the redevelopment of the former market precinct.

“This part of Farnworth has huge potential and we’ve now got a clear set of ideas for transforming the area. It’s got everything: high-quality homes and employment, retail and leisure opportunities.

“Now it’s over to local residents to hear what they think – so I’d encourage everyone to respond to the consultation and be part of shaping Farnworth town centre’s future.

“It’s been a tough year for everyone due to the Covid-19 pandemic, but it’s important we focus as soon as possible on helping communities recover. Delivering projects like this will be a key part of that.”

There is no public event due to Covid-19 restrictions but there are a number of ways people can join the conversation:

 

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Property

Hospital worker is raffling off his four-bedroom detached house to raise £50,000 for NHS

10% of the raffle’s proceedings will go towards an NHS charity

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WIN_A_HOME_AND_SUPPORT_NHS / Facebook, Nick Wyrill / Facebook

A hospital worker is raffling off his four bedroom detached house, valued at £350,000, to raise money for the NHS.

Nick Wyrill, thirty-four, is giving one lucky winner the chance to win his house ‘for the price of a coffee’, as well as donating 10% of the sale to an NHS charity if all tickets are sold – which will work out at £50,000.

Nick, an NHS Manager at Pinderfields Hospital in Wakefield, launched the competition on the app Raffall, where wannabe home owners can purchase a raffle ticket for just £2.

WIN_A_HOME_AND_SUPPORT_NHS / Facebook

He and his wife Louise want to relocate to a bigger house with their one year old son, Arthur, but decided against going down the conventional selling route to do something a little more charitable, instead.

Speaking of his motive behind the unique give-away, Nick told Proper Manchester: “There are a couple of reasons why we want to make the donation; I wanted to give back to my colleagues for all their hard work in the COVID-19 pandemic.

“The challenges my teams have faced in the past 12 months and are still facing have been enormous. The NHS has done so much for us all and this allows us to give a thank you back to them.”

WIN_A_HOME_AND_SUPPORT_NHS / Facebook

He also explained that his mum had sadly passed away after a battle with cancer last year, and that his dad is currently undergoing cancer treatment at the NHS hospital in which he works.

Nick added: “My mum sadly died of Cancer in March 2020 and my dad is sadly receiving treatment for Leukaemia at Pinderfields Hospital, after being diagnosed in January 2021.

“This has further sparked our desire to give something back to the NHS.”

The raffle will end on July 1st or when all 250,000 tickets are sold. 

WIN_A_HOME_AND_SUPPORT_NHS / Facebook

The home property is a modern build in Wakefield near the M1, in a cul-de-sac location, with a master bedroom, a super-king bed and an orangery with a log burner looking out onto the private garden.

Some details about the house:

ENTRANCE HALL:

Hallway access to living room, kitchen/dining room and Stairs to landing area.

LOUNGE:

UPVC framed double glazed bay window. Good size lounge able to accommodate a large corner sofa.

KITCHEN/DINING ROOM:

Fully fitted kitchen, comprising integrated fridge freeze and dishwasher. Tiled flooring throughout.

ORANGERY:

Large Orangery to the rear of the property, comprising wooden flooring and wood burning stove. Fantastic views of the landscaped garden.

BATHROOM:

Contemporary bathroom fittings, with half tiling and tiled floor.

MASTER BEDROOM:

Very spacious bedroom with fitted mirrored wardrobes. Large window making the bedroom light and airy. Ensuite shower room attached.

BEDROOM 2:

Currently being used as a nursery. Can fit a double bed.

BEDROOM 3:

King size bedroom with plenty space for wardrobes and bedside draws. Large windows make this bedroom light and airy.

BEDROOM 4:

Currently being used as an office, but would be suitable for a single bed / nursery.

GARAGE:

Large garage suitable for one small vehicle or as a storage area. Boiler is located here.

EXTERNALLY:

Front garden with block paved driveway.

Rear garden features a fully landscaped garden with x2 patio areas. A fruit patch is located to the rear of the garden comprising of; Plum, Cherry and Apple trees, along with Raspberries, Strawberries and blackberry plants and Rhubarb.

If you’d like to purchase a raffle ticket for yourself, you can do so here – you can also keep up to date on Facebook here and Instagram here.

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Property

Brand new development at heart of Salford’s £1bn investment has flats and houses available now

Everything you need to know about this stunning development

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The English Cities Fund

The area around Chapel Street continues to receive investment, including a new development of contemporary apartments and townhouses.

The English Cities Fund was set up around 15 years ago by three partners – national urban re-generator Muse Developments, Legal & General and Homes England – with the mission to ‘unlock the potential in our towns and cities, by reinventing urban areas at pace, in new and imaginative ways’.

As part of the scheme, Salford Central received a massive £1bn of regeneration cash to transform over 50 acres of the historic city centre into a brand-new neighbourhood and mix-use destination. 

Loads of developments such as Vimto Gardens, Carpino Place and Valette Square have taken place over the years. 

The English Cities Fund
The English Cities Fund

Plus the area has seen the introduction of plenty of independent bars and restaurants, with the outstanding Porta Tapas, The New Oxford Pub, The Old Pint Pot, Le Cassi’s Wine Bar, plus Vero Moderno on Chapel Street alone.

You’ll also find Caribbean Flavas, Pizzology, Chung’s Chippy, as well as plenty of arts and culture in the form of the nearby Salford Museum & Gallery and GK Gallery.

Also in the area, on the banks of the Irwell, is the historic Peel Park, which first opened its gates in 1846 and received a whopping £1.6m refurbishment throughout 2017 to return it to its former glory.

The latest addition to the line-up is a new development, Atelier, which is set to be slap bang in the middle of all the action. 

The English Cities Fund
The English Cities Fund

Home to 167 contemporary 1, 2- and 3-bedroom apartments, plus eleven new 3-bedroom townhouses each complete with their very own front door, garden and secure parking, Atelier will bring life to the former wasteland opposite Salford Cathedral. 

Launch prices are in the region of £170k for a 1 bed with completion of the project due in the last quarter of this year. The apartments are also Help to Buy (Subject to availability, eligibility and meeting government restrictions).

Find out more here

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Property

Rightmove reveals how much first-time buyers will have to pay for a home in the North West

Everything you need to know…

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rightmove/Twitter

Rightmove reveal just how much you can expect to pay as a first-time buyer in your region.

Latest studies by Rightmove show that the North West has seen the biggest annual rise in property prices for first-time buyer homes with two or fewer bedrooms. 

The average asking price in the North West is up 8.6% over the past 12 months, the biggest increase in any region across Great Britain. 

The second biggest increase is seen in Yorkshire and The Humber with prices up 8.4%, followed by the West Midlands at 7.0%.

The average asking price for a first-time buyer is £200,578, up 3.9% compared to 12 months ago, equating to an annual rise of £7,475.

The average asking price in the North West in January 2021 is £144.453.

The only region where the asking price exceeds £400k is in the capital where the average is £474,950. However, London is the only region where first-time buyer property prices have fallen year on year with prices down 1.4% compared to a year ago. 

Rightmove

Tim Bannister, Rightmove’s data expert said: “Many people are deciding that 2021 is the year to get their foot on the property ladder, and this research provides an insightful snapshot into the first-time buyer sector across the British property market right now.

“What’s interesting for me is that, despite the higher asking prices in London, first-time buyers in the capital appear to have a window of opportunity to negotiate a good deal, with this being the only region to have seen average first-time buyer asking prices fall over the past 12 months.

“Conversely, sellers in the North West who are looking to trade up and move into a bigger home are in a strong position, with average asking prices for first-time buyer properties having jumped by 8.6% during the same period, which is a good indicator of a strong market.”

Richard Powell, Director at Ryder & Dutton with branches across East Lancashire, North Manchester and West Yorkshire, said: “I think first-time buyer homes have seen a boom in property prices because demand is outstripping supply.

“We’ve less properties for sale per branch than at any time since the late 1980s, which of course causes prices to rise. Having said that, people still want to buy homes and in many cases it’s no more expensive to buy in the North West than to rent, especially with low mortgage rates available.

“The North West possibly has a greater stock of properties that are more easily accessible for first-time buyers – places such as Oldham, Rochdale, Bury and Blackburn – these big, former mill towns have lots of terraced properties around the £100,000 to £200,000 mark that are available to buy.

“And coupled with more Help to Buy schemes and new-build developments, it’s probably easier to become a first-time buyer in this part of the world than many other regions, which also helps to push prices up.

“We’ve also seen a reluctance from people in their first homes to move up the ladder because they haven’t had confidence in the market to do so. Over the past four years or so with Brexit and now Covid, we’re seeing a lot of pent-up supply as well as pent-up demand.”

We chatted to a property expert last week to find out the top six places to buy in Greater Manchester this year, including Salford, Prestwich and Ancoats! See more here

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