TO BE SOLD BY ONLINE AUCTION ON 13th-14th MAY UNLESS SOLD PRIOR UNDER AUCTION TERMS.
Land at the rear of former Golden Ball Hotel, School Lane, Pilling, PR3 6AA
No inspected by Edward Mellor. An excellent opportunity to acquire a substantial freehold residential development site extending to approximately 1.7 acres, situated in the desirable rural village of Pilling.
The site benefits from full planning permission (Ref: 22/01005/FULMAJ) granted for:
2 x Three-bedroom detached bungalows
8 x Three-bedroom semi-detached houses
8 x Two-bedroom semi-detached houses
The approved scheme comprises 18 dwellings, including affordable housing provision, and represents a substantial multi-unit residential development opportunity.
Comparable new-build housing in the surrounding area supports strong end sale values, offering attractive gross development value potential and margin opportunity for developers. Although direct new-build comparables within Pilling itself are limited, wider market evidence from both modern and traditional housing in the surrounding area supports anticipated end values broadly in the region of £220,000 to £300,000+ per unit, subject to specification and purchaser verification.
The completed units would also present strong rental appeal, with estimated rental values broadly ranging from £900 – £1,300 per calendar month depending on house type and specification.
Pilling is a popular semi-rural location positioned within reach of Garstang, Poulton-le-Fylde, Lancaster and Blackpool, providing strong appeal to the family housing market.
The original planning permission formed part of a wider scheme including the former Golden Ball Public House located to the front of the site. The public house element is being progressed separately by the current owners, with a discharge and variation of conditions application submitted (Ref: 24/01053). The residential development land to the rear benefits from the full planning consent as detailed and is being offered for sale independently.
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS