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8 bedroom detached house for sale

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8 bedroom detached house for sale

Chorley New Road, Heaton, Bolton, BL1
£475,000

Our Summary

  • ***BEING OFFER FOR SALE VIA MODERN METHOD OF AUCTION WITH VACANT POSSESSION*****CALLING ALL BUILDERS & DEVELOPERS***Freehold Council Tax Band: E EPC Rating: G***9,500 sq ft Property with Planning for 14 Apartments
  • ** A unique opportunity to undertake an excellent development opportunity in the heart of Bolton
  • The property boasts internal area of over 9,500 sq ft and is in a state of disrepair with full renovation is required
  • The owner has achieved planning permission for 14 spacious apartments with on site parking ideally as a BTL build and would prove popular for young professionals or students with the hope of achieving at least £550PCM per unit
  • There are more details for the planning found on Bolton Council Website with Planning Application Number - 10286/2
  • Sites of this size with the potential and planning approved rarely come on the market for sale
  • This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period
  • Excellent Development Opportunity in Sought After Heaton Location
  • Full Renovation Work Required
  • Planning Approved for 14 Apartments

Description

A unique development opportunity is being offered for sale in the heart of Bolton, comprising a pair of Victorian semi-detached homes with a total internal area of over 9,500 sq ft. The property, currently in a state of disrepair, has been granted planning permission for the conversion into 14 spacious apartments, with on-site parking and potential rental income of at least £550 per unit. The site, located on Chorley New Road, is opposite Bolton School and benefits from a lift to all floors. The vendor is seeking a buyer who can complete the renovation and development, and the property is being sold via a Modern Method of Auction, allowing for a 56-day reservation period. This is a rare opportunity for builders and developers to acquire a site with approved planning permission and potential for significant returns.