Guide price
£450,000
Land for saleBamford Street, Stockport SK1
About this property
Exciting Niche Development Opportunity
Sought After Location Close to Stockport Town Hall
Planning Con sent Imminent for First Phase
Concept Project to be Realised by Buyer
Tenants in Situ Providing Immediate Income
Short Walk to Public Transport and Town Centre.
Exciting Opportunity. Construction of 5 x Two Bedroom Apartments and 1 x Three Bed Town House. Concept Project for Potential 3 x Two Bedroom Mews Houses for Existing Period Property. Planning Consent Imminent for First Phase. Concept Project to be Realised by Future Developer. Tenants In Situ with Immediate Income coming in
Exciting Niche Development Opportunity
Stockport is undergoing the most dynamic regeneration in the North West as part of a Masterplan which incorporates the stunning Stockport 8. Thousands of new high quality energy efficient homes aimed at every stage of life along with spaces for new businesses and community uses. The concept embraces a workable neighbourhood centred around new public spaces.
The opportunity offered provides for the construction of 5 x two bedroom apartments and 1 x three bedroom town house whilst the period property on site has been conceptualised as potential for 3 x two bedroom mews houses.
Planning consent is imminent for the first phase, but the concept project is to be realised by the future developer. The site is income producing with tenants in situ, either on licence or tail end leases provide the following income
M C D £4300 per annum
Chloe Asset Management £10,470 per annum
Stockport Advocacy (car parking) £1200 per annum
S Miller (car parking) £600 per annum
In this sense, whilst planning or a variation to planning is sought, the process is subsidised.
The location is a short walk to the main line train station, public transport and the town centre.
Architects Design and Access Statement in support of a proposed redevelopment is available upon request.
Exciting Niche Development Opportunity
Stockport is undergoing the most dynamic regeneration in the North West as part of a Masterplan which incorporates the stunning Stockport 8. Thousands of new high quality energy efficient homes aimed at every stage of life along with spaces for new businesses and community uses. The concept embraces a workable neighbourhood centred around new public spaces.
The opportunity offered provides for the construction of 5 x two bedroom apartments and 1 x three bedroom town house whilst the period property on site has been conceptualised as potential for 3 x two bedroom mews houses.
Planning consent is imminent for the first phase, but the concept project is to be realised by the future developer. The site is income producing with tenants in situ, either on licence or tail end leases provide the following income
M C D £4300 per annum
Chloe Asset Management £10,470 per annum
Stockport Advocacy (car parking) £1200 per annum
S Miller (car parking) £600 per annum
In this sense, whilst planning or a variation to planning is sought, the process is subsidised.
The location is a short walk to the main line train station, public transport and the town centre.
Architects Design and Access Statement in support of a proposed redevelopment is available upon request.
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