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This property is no longer on the market

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Features and description

FOR SALE BY LIVE STREAM AUCTION ON TUESDAY 10TH MAY 2022 AT 2PM *GUIDE PRICE £300,000-£400,000. A Potential Residential Development Site comprising Approximately 1 Acre/0.40 Hectare with a Lapsed Planning Consent for 48 Apartments. Situated fronting Palmerston Street and bounded to the rear by the River Medlock the land, more particularly shown edged red on the plan, comprises approximately 1 Acre/0.40 Hectare. Outline Planning Consent, which has now lapsed, Application number, 052808/00/NORTH2/97 was Granted in November 1997 for the erection of 2 Three Storey Blocks of Flats see legal pack for a copy of the consent. A proposed scheme outlining a development of 39 one bedroomed and 9 two bedroomed apartments is also shown. Ancoats has undergone and continues to undergo massive re-development schemes, consequently the site offers an excellent opportunity for a developer to be part of the regeneration of the area. Interested parties should make all enquiries they consider prudent prior to bidding to ensure that their proposed use would be acceptable. *Guides are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Auction House - Oldham
Auction House - Oldham
Edge View House, Salmon Fields Business Village Royton, Oldham OL2 6HT
0161 937 7311
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Without doubt Auction House is the country's fastest growing auctioneer and the last year's performance underlines this emphatically. Auction House Manchester celebrated success in 2015, as part of the UK's No.1 Residential Auctioneers they held seven highly successful Auction sales with an average success rate of 71%. In February, the success rate was a staggering 85%! Proving that a sale by Auction can really work.
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