Ridley Reservoir, Merelake Road... 4 bed detached house for sale

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Ridley Reservoir, Merelake Road... 4 bed detached house for sale

Ridley Reservoir, Merelake Road, Alsager ST7 1UF
£200,000

Our Summary

  • DEVELOPMENT PROJECT RESIDENTAL / CARE FACILTY OPTIONS FOR SALE BY AUCTION 10TH - 11TH NOVEMBER
  • FOR SALE VIA ONLINE AUCTION ON MONDAY 10th NOVEMBER AT 1PM UNTIL TUESDAY 11th NOVEMBER 1PM
  • Auction House Staffordshire welcomes a amazing GRAND DESIGNS opportunity (this property has been a part of the grand designs programme previously)
  • Artist impression images of potential finished project
  • Development potential perfect for builder/developer or home owner looking for their family home to make their own
  • 2 Million Development Cost: £600,000 Estimated Profit: £750,000 - £1,150,000Planning reference number 18/5380C
  • FOR SALE VIA ONLINE AUCTION ON MONDAY 10th NOVEMBER AT 1 PM UNTIL TUESDAY 11th NOVEMBER 1 PM
  • Pre auction offers welcome

Description

A unique opportunity to purchase a former reservoir building in Alsager, with over 8,000 square meters of space, previously featured on the Grand Designs program. The property offers extensive views and has development potential for a builder/developer or homeowner looking to create their dream home. With a guide price of £450,000, the estimated gross development value is £1.8-2.2 million, and the estimated profit is £750,000-1,150,000. The property is being sold via online auction on November 10-11, with viewings available by contacting the auction house.