TO BE SOLD BY ONLINE AUCTION ON 13-14TH MAY UNLESS SOLD PRIOR UNDER AUCTION TERMS.
104A & 104B Durham Street, Rochdale, OL11 1LS
A rare opportunity to acquire a substantial former church building dating back to the 18th century, offering over 5,000 sq ft of usable floor space and full planning consent for conversion into 8 self-contained apartments and 1 additional one-bedroom dwelling. Planning ref - 25/00274/FUL
The property retains a wealth of character, making it ideal for a high-quality residential scheme. Importantly, the approved plans require no extensions, meaning works are primarily internal, helping to keep build costs more controlled and efficient.
Situated in a well-established residential area with surrounding new-build housing, the property benefits from strong local demand and excellent access to Rochdale town centre and transport links.
The approved scheme comprises 7 one-bedroom apartments and 2 two-bedroom apartments. Based on current sold comparables in the area, flats are achieving up to £150,000, and given the proposed units will be newly converted, there is clear potential to achieve values towards the upper end of this range, providing a strong GDV and attractive margin for developers.
With planning already in place, attractive conversion characteristics and strong resale demand, this represents an excellent opportunity for developers looking to deliver a high-quality and profitable scheme. There may also be potential for alternative commercial or mixed-use uses, subject to the necessary consents, offering additional flexibility depending on a buyer's strategy.
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65-81 St Petersgate
Stockport
Cheshire
SK1 1DS