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Lincoln House, Bolton

Lincoln House, Bolton

Lincoln House was acquired in March 2020.  It is a commercial office building situated on Nelson Street, within close proximity to Bolton Town Centre and all of its amenities, with Bolton Train Station only a 5-minute walk away. It is also approximately one mile from St Peters Way (A666), which is the main arterial route through Bolton and links directly to the motorway network of the M6, M61 and M62, all of which are approximately three miles south.  

There has been an increase of around 30 percent in house values for apartments across Bolton over the last five years. Bolton Town Centre Framework driven by the private rental market – young professionals, couples and young families who see the town as a commutable location. Student accommodation in the town centre is a major potential growth area, with the University expecting to double student numbers over the next 15 years. An increase in town centre residential development is considered key to the long-term sustainability, viability and vitality of the town centre.

One Heritage Group PLC is intending to convert the property to 88 Self-contained apartments.

Q1 2021

Project start

Q4 2021

Estimated completion

88

Apartments

60,541

Size (sq ft)

5

Storeys

£9.1m

GDV

Bolton is a town in Greater Manchester and is 10 miles North West of Manchester’s city centre. The town offers good amenities and a vibrant town centre with a £1.5 billion masterplan of regeneration underway.  Close to the West Pennine Moors, Bolton is surrounded by several smaller towns and villages that together form the Metropolitan Borough of Bolton, of which Bolton is the administrative centre. The town of Bolton has a population of 139,403, whilst the wider metropolitan borough has a population of 262,400. 

An application for planning permission under the Town and Country Planning Act 1990 was submitted to Bolton Council on 1 May 2019 on behalf of the previous owner of the property to convert the property into 90 Self-contained apartments. The application was taken over by One Heritage when it purchased the building in February 2020. The application was previously recommended for approval; however, One Heritage have made further improvements to the scheme, increasing room sizes and apartment layouts on a new 88-apartment scheme. The application is expected to be re-submitted to the committee in March 2021. 

It is anticipated that the conversion of the property will take approximately 12 months. Subject to the uncertainty around COVID-19, it is anticipated that work on converting the building will commence in Quarter 1 2021. 

Project Gallery

Typical Apartment Types

For more information, download the Development brochure

Have an enquiry about this development?

CONTACT

80 Mosley Street,
Manchester M2 3FX

0161 806 1498

uk.info@one-heritage.com

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