TO BE SOLD BY ONLINE AUCTION ON 23 RD APRIL 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS AND CONDITIONS
20, Prospect Street, Tyldesley, Manchester, M29 8SU
A fantastic development opportunity in the heart of Tyldesley, this property offers a blank canvas for investors and developers. Currently a shell, planning permission has been granted for the creation of two terraced homes?one two-bedroom and one three-bedroom?allowing for a lucrative project with strong demand in the area. Planning ref - A/23/95449/CU
Situated in a convenient location close to local amenities, transport links, and schools, this is an exciting prospect for those looking to add value and create sought-after homes or for a profitable resale. Don't miss out on this chance to secure a prime investment.
Here are some similar two and three bedroomed properties taken from Land Registry which have sold close by that highlight the potential:
15, Lever Street, Manchester, M29 8BL- Sold - 26/09/2024 £149,950 Terraced 2 beds 0.08 mi
25, Johnson Street, Manchester, M29 8AB-Sold - 19/04/2024 £153,000 Terraced 3 beds 0.20 mi
22, East Street, Manchester, M46 9AU- Sold - 23/04/2024 £142,000 Terraced 2 beds 0.24 mi
Two and three bedroomed properties rental values in the area are in the region of £800 - £900 pcm. With the current planning permissions, the property has potential for 5-7 room lets and current values in the area are in the region of £600 per room presenting the potential to generate an excellent yield based on the guide price.
Before buying at Auction, it is essential that you read our Notice to Prospective Buyers and the Common Auction Conditions.
You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team.
You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.
65-81 St Petersgate
Stockport
Cheshire
SK1 1DS