Development Land For Auction
Land at 153 - 157 Lees Street, Abbey Hey, Gorton, Manchester, M18

TO BE SOLD VIA ONLINE AUCTION ON THE 14TH AUGUST 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS

Land at 153-157 Lees Street, Abbey Hey, Manchester, M18 8QL

Freehold parcel of land. Approx 0.13 acres with planning permission for 2x 4 bedroomed semi-detached houses and 1x four bedroom detached house.

It is located in a vibrant residential area, just 4 miles southeast of Manchester city centre. The area offers well-regarded schools, including Abbey Hey Primary Academy and Wright Robinson College and benefits from a variety of shops, supermarkets, and local businesses. Excellent access to major road networks, including the M60 and A57, ensures easy commuting to nearby towns and cities, making this a prime location to develop properties for families.

Properties in the area command strong prices, with similar four-bedroomed new builds commanding between £250,000-£300,000.

Rental demand remains robust in the vicinity, with anticipated annual rental income in the region of £16,000-£18,000.

We have been advised; all conditions have been released except for two, which will be released before the properties are occupied.

A 10-year warranty for the detached house has been fully paid and the10 years warranty is already instructed and inspected for the two semi-detached. The building regulations fee for the detached house is also fully paid, while the building regulations for the semi-detached houses have been instructed but not yet paid. Construction on the detached house has progressed up to the chamber level and passed by the building regulations, and the foundation for the semi-detached houses is ready and inspected by building regulations. Door numbers for the houses have been allocated by the council and the fees have been paid. Structural reports for both the detached and semi-detached houses are ready and fully paid. Documents are available on request. Buyers are advised to undertake their own due diligence.

The planning reference is 128043/FO/2020 / 137642/JO/2023

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