Bolton at Home in partnership with Irwell Valley are transforming a former car park into an attractive new neighbourhood. With a mix of 118 new affordable homes which will revitalise a former car park off Chorley Street. The development has received grant funding from the government through Homes England.
The 5,700 square metre site, called Chorley Place, will include 36 apartments for affordable rent, available through the council’s choice based lettings service by visiting here. There will also be 25 apartments for people aged 50 and over, as well as 17 houses available to buy under the government’s shared ownership scheme.
The remaining 40 apartments will be available on a Rent to Buy basis for people looking to get onto the property ladder. This scheme enables tenants to rent a home at 20% less than the market rent value for up to five years, giving them the means and opportunity to save for a deposit.
By creating mixed developments which include homes for sale, they invest any money made back into building more social housing and regenerating communities. Chorley Place is a distinctive development that offers something to suit a range of needs.