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8 bedroom detached house for sale
Chorley New Road, Heaton, Bolton, Lancashire, BL1
£500,000
Chorley New Road, Heaton, Bolton, Lancashire, BL1
£500,000
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
- **Full Renovation Required - Sought After Heaton Location - No Chain - Ideal BTL Build - AVAILABLE NOWA 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, comprising a prominent pair of Victorian semi-detached homes in the heart of Bolton. The property, with a total internal area of over 9,500 sq ft, has been used as a nursing home and is in a state of disrepair, requiring full renovation. Despite this, the owner has achieved planning permission for 14 spacious apartments, which could be built as a BTL investment, potentially generating £550PCM per unit. The property is situated in a sought-after location, opposite Bolton School, and benefits from a lift to all floors. With vacant possession available, this is an ideal opportunity for builders and developers to create a lucrative investment. The property is being sold by Modern Method of Auction, with a 56-day reservation period.