Mutual Mills Aspinall Street, Heywood, OL10 4HP
Mutual Mills Aspinall Street, Heywood, OL10 4HP
1 Bedroom Apartment:
The Investment Room is planning to
Plans include a mixture of one and two-
convert Mutual Mills in Heywood into 293
bed apartments across the buildings, with
apartments.
a focus on original features being retained
The scheme proposed would restore the
2 Bedroom Apartment:
£89,000 £125,000 £129,000
x 17
1 Bed rental income:
£550 pcm
x8
2 Bed rental income:
£750 pcm
and refurbished.
19th century textile mills, which have stood vacant and acted as storage facilities in recent years. The proposed apartments would start at
• Two building with four
each
1 Bed:
Gross yield: 8.0%
Net yield: 7.2%
2 Bed:
Gross yield: 8.4%
Net yield: 7.5%
Term of lease:
250 years
Ground rent:
£200 per apartment
Service charge:
£500 on average per 1 Bed
• 293 apartments • Internal and external parking
a price of £85,000, and offer a projected rental yield of up to eight percent, as well as potential for capital growth.
£750 on average per 2 Bed
* All figures and floor plans are based on forecasts provided by the developer, are indicative only and are subject to change. Any financial information provided in this document is intended as a guide and does not constitute a contract.
Light and spacious accommodation All apartments in Mutual Mills are spacious, delivering larger than average accommodation. The clever use of natural and electrical lighting, ensures the apartments are light and airy, providing truly special homes.
Beautifully crafted interiors, expertly appointed to suit your lifestyle.
All of the stunning apartments provide ready to move in living space that will suit those looking for spacious and wellappointed living, with easy access to the Heywood town centre and surrounding area of Bury and Rochdale.
1 Bed Apartment
234 Available
Entrance hallway
Bathroom
Entrance hallway with access to all principle
Three piece white bathroom suite
rooms. Ceiling light points. Secure
comprising panelled bath with wall mounted
telephone entry system.
shower and screen, low level WC and
Living kitchen
pedestal hand wash basin.
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Bedroom
ceramic hob, electric oven, stainless steel
Large double bedroom with glazed window
extractor with tiled splash backs, stainless
to the rear aspect. Ceiling light point. Wall
steel sink inset to worktop. Plus each
mounted heater.
apartment will include a fridge freezer and washing machine. Large glazed windows and pre-installed connections for TV.
2 Bed Apartment
59 Available
Entrance hallway
Bathroom
Entrance hallway with access to all principle
Three piece white bathroom suite
rooms. Ceiling light points. Secure
comprising panelled bath with wall mounted
telephone entry system.
shower and screen, low level WC and
Living kitchen
pedestal hand wash basin.
6Q QPG GPF KU C Ć‚VVGF MKVEJGP YKVJ KPVGITCVGF
Bedroom 1
ceramic hob, electric oven, stainless steel
Large double bedroom with glazed window
extractor with tiled splash backs, stainless
to the rear aspect. Ceiling light point. Wall
steel sink inset to worktop. Plus each
mounted heater.
apartment will include a fridge freezer and
Bedroom 2
washing machine. Large glazed windows and pre-installed connections for TV.
Large double bedroom with glazed window to the rear aspect. Ceiling light point. Wall mounted heater.
The local area Heywood is a town in the Metropolitan Borough of Rochdale, Greater Manchester, England. Historically part of Lancashire, it had a population of 28,205 at the 2011 Census. The town lies on the south bank of the River Roch, 2.4 miles (3.9 km) east of Bury, 3.7 miles (6.0 km) west-southwest of Rochdale, and 7.4 miles (11.9 km) north of Manchester. The factory system in the town can be traced to a spinning mill in the late 18th century. Following the introduction of textile manufacture during the Industrial Revolution, Heywood developed into a mill
/ i Õ}i iÜ `iÛi « i Ì Ì >Ì Ü change the face of Heywood.
Plans for the multi million pound home scheme and link road to the M62 have been approved. Plans for an enormous development with 1,000 new homes in Heywood have been approved by town hall bosses. The South Heywood Masterplan scheme will also see a new £20 million link road built.
St Luke’s Church
Developers say it will double the number of local jobs, improve accessibility to the M62, and provide a range of new family homes
town and coal mining district.
and community facilities.
Heywood is close to junction 19 of the M62
It has received support from those who
motorway, which provides transport links
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for the large distribution parks in the south
The 18-year plan involves the creation of
of the town. The 1860s-built 188-foot (57 m)
a new 2.2km link road from Junction 19 of
tall Parish Church of St Luke the Evangelist
the M62 motorway to the industrial parks of
dominates the town centre and skyline.
Pilsworth Road.
The Old Police Station
Town Centre
7 ` > ` Õ ÌÞ Primary School
NEARBY BUS STOPS The closest bus stop is Mutual St (NE bnd) and it's only 0 miles away from Mutual Street.
Heywood Sports Village
Morrisons
Mutual St (NE bnd) 0 MILES Orchard St (S bnd) 0.1 MILES Miller Street (SW bnd)
iÞÜ ` -Ì Õ i½Ã
0.1 MILES Times Retail Park
-Ì Õ i½Ã *À >ÀÞ -V
NEARBY TRAIN STATIONS The closest train station is Castleton and it's Mill 1
iÞÜ ` À V iÌ ÕL Mill 2
only 1.4 miles away from Mutual Street. Castleton 1.4 MILES Rochdale 2.5 MILES Mills Hill 3.5 MILES
č - Õ Ã *À >ÀÞ -V
The local area statistics Basic Information
Economic Activity
Area Type
Urban
Full-Time Employee
68
Local Authority
Rochdale
Part-Time Employee
21
Ward
North Heywood
Self Employed
10
Constituency
Heywood and
Unemployed
11
Full-Time Student
16
Retired
43
Looking After Home or Family
12
Long-Term Sick or Disabled
18
Other
3
Total
202
Middleton Region
North West
Country
England
Õà } /Þ«ià Detached
2
Semi-Detached
6
Terraced
94
Flat (Purpose-Built)
23
Flat (Converted)
0
Total
125
ÕÃ } /i ÕÀi Owned Outright
32
Owned with Mortgage
38
Shared Ownership
1
Rented: From Council
5
Rented: Other Social
21
Rented: Private Landlord
17
Rented: Other
3
Rent Free
4
Total
121
Source: www.streetcheck.co.uk based on the last census performed in the UK.
THE UNIQUE PROPERTY CONSULTANCY
90+
ÂŁ1bn+
65
Projects launched
Total value of projects launched
Completed and occupied
Knight Knox is a leading provider of buy-to-let developments to the private investment market. Specialists at sourcing investment opportunities, Knight Knox’s expansive portfolio of completed, in construction and future stock is second to none and a testament to the quality of product we bring to market.
By identifying land opportunities either for ourselves or on a jointventure basis with leading developers, we design, implement and bring product to market in a cost-effective way, which ensures that clients see the best-possible returns in competitive market sectors. With departments specialising in land acquisition, design, marketing, Ć‚PCPEKPI NGVVKPIU RTQRGTV[ OCPCIGOGPV CPF UCNGU YG VTWN[ CTG QPG of the few companies that cover all aspects of the property life cycle.
Our team of experts will be on hand to guide you through the whole lifecycle of your investment. Our specialist Property Consultants will help you choose and purchase your perfect property and then our dedicated After-Sales team will guide you through the rest of the RTQEGUU HTQO VJG KPKVKCN FGRQUKV VJTQWIJ VQ VJG Ć‚PCN JCPFQXGT
The information contained within this document is intended as a general guide. This information does not constitute an offer or a contract and we (or anyone in our company) do not imply, make or give any representation, guarantee or warranty whatsoever relating to the terms contained within. Any intending investor must satisfy themselves as to the correctness of any of the statements, plans or images contained within. Images are for representational purposes only. The content contained within is correct adhering to the previous statement at the time of publishing.
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