Sponsored Find a Solicitor — free quotes via ReallyMoving
23 bed flat
Next Steps
Sponsored — free quotes via ReallyMoving
Find a Solicitor
Fast conveyancing is critical at auction — compare fees
Our Summary
- For sale by Online Auction - 24th ofJune 2026 Exceptional Residential Development & Investment Opportunity An outstanding opportunity for experienced developers and property investors to acquire a substantial historic mill conversion project with planning permission granted for 12 luxury apartments
- Key Development Highlights Full planning permission in place for 12 luxury residential units July 21 Seller confirms all planning conditions have been discharged in March 2024 Extensive structural works completed and signed off, supported by: Building Control report January 2024 Apartment 12 fully erected
- Strong Profit Potential This project presents a compelling opportunity for either: A profitable development exit (flip/sell-off strategy), or A long-term Buy-to-Let investment with strong rental income potential
- With a significant proportion of the construction work already completed and all major approvals secured, this development offers investors the chance to deliver a premium residential scheme with considerable upside potential
Get alerted when similar properties are listed — Subscribe
Description
The property is a historic mill conversion project with planning permission granted for 12 luxury apartments. The building has undergone significant structural work, including the removal of the front section to create parking provision, internal partitioning, and the installation of staircases. Partial first-fix works and plastering have also been completed, and the fire safety system has been approved.
A thermal calculation report has been approved, and building control plans and designs have been validated. Additional construction work includes the completion of apartment 12's build, and the building of the building has been signed off by a building control report. Estimated remaining construction costs are £395,000.