This property has been taken off the market.

House For Sale Sandy Lane, Manchester, M25

£90,000

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 8th April 2024

Description

TO BE SOLD BY ONLINE AUCTION ON 24th APRIL 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS.

Garages to the rear of 71 Sandy Lane, Prestwich, M25 9PS

 

A great opportunity to acquire 14 associated garages which has lapsed planning consent for residential development. The garages are all let, which produce an annual income of approximately £11,000pa. The previous planning permission was approved for demolition of existing garages and construction of 2 x semi-detached houses and could have potential to be re-implemented, subject to consent.

 

Planning permission was approved by Bury Council on 1st March 2017 for the demolition of existing garages and construction of 2 x semi-detached houses. Planning ref 60997

 

Lowther Court is a mixed residential and commercial development fronting onto Sandy Lane close to it's junction with Butterstile Lane. The immediate surrounding area is popular residential location close to the centre of Prestwich which is home to a number of local shops, cafe's, bistro's and bars. Junction 17 of the M60 motorway network is approximately 1.5 miles away providing access into Manchester City Centre which sits 5 miles to the south.

Agent Details
Edward Mellor Ltd
65-81 St Petersgate, Stockport SK1 1DS

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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