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Great Cheetham Street West, Salford... Plot for sale
Great Cheetham Street West, Salford, Greater Manchester
£650,000
Great Cheetham Street West, Salford, Greater Manchester
£650,000
Our Summary
- A substantial semi-detached property with an existing HMO licence, offered with a large plot of land and clear potential for further development subject to planning permission
- Positive pre-application advice has been secured for the construction of residential apartments to the rear of the property with associated parking, making this an ideal opportunity for developers and investors
- The property would benefit from modernisation, allowing the incoming purchaser to upgrade or redevelop
- Development potential
- Requires refurbishment
Description
This substantial semi-detached property, currently operating as a licensed seven-bedroom HMO, offers a unique opportunity for developers and investors. With a large plot of land, it has potential for further development, subject to planning permission, with positive pre-application advice received for the construction of residential apartments to the rear. The property's location near Salford Universities, with excellent public transport connections and proximity to Manchester City Centre, makes it well-positioned to meet the strong local demand for student and professional accommodation. The property would benefit from modernisation, and the incoming purchaser can choose to upgrade or redevelop it. The property can be sold with tenants in situ, providing a steady income stream.