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Development Opportunity For Auction
Wham Street, Heywood, OL10

£140,000
Guide Price
  • Property at Wham Street, Heywood
  • Property at Wham Street, Heywood
  • Property at Wham Street, Heywood
  • Property at Wham Street, Heywood

Full Description

View this property on a map LOT 29

Former storage warehouse with yard space, planning for 6 No. dwellings.

The proposed scheme is for three storey, three bedroom terrace houses in blocks of three.

It is considered that there is scope to perhaps alter the planning as flats subject to permission.

Notice

Before buying at Auction, it is essential that you read our Notices to Prospective Buyers and the Common Auction Conditions. These can be found on our website https://edwardmellor.co.uk/auctions/buying-at-auction

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.

Heywood

Heywood is a town in the Metropolitan Borough of Rochdale, Greater Manchester, England. Historically part of Lancashire, it had a population of 28,205 at the 2011 Census.2 The town lies on the south bank of the River Roch, 2.4 miles (3.9 km) east of Bury, 3.7 miles (6.0 km) west-southwest of Rochdale, and 7.4 miles (11.9 km) north of Manchester. Middleton lies to the south.

Details

The building was in its past used as a match factory and in subsequent years a builders yard and as a storage facility. Currently the the building is deemed beyond economic repair and exempt from rates and demolition has commenced. The building formerly comprised: warehouse, offices, WCs, kitchen over two floors circa 315 SQM (3,400 SQFT). The site is circa 452 SQM (0.11 A) in total.

Notes

EPC exempt. Planning permission ref: 12/D55431 June 2012 (outline application) for demolition of the buildings and erection of 6 dwellings subject to conditions. All parties are advise to make their own enquiries directly to Rochdale Borough Council: email [email protected] Tel: 0300 303 8873

Values

Conservative resale values have been advised at around £135,000 making the GDV possibly around £810,000, asking rents are in the region of £700 to £750 for three bedroom houses within ¼ mile radius

Possession

Vacant on completion. The property will be bought "as is" at completion.

Who, When, Where?

Edward Mellor Auction

5th February 2019

Sheridan Suite, 371 Oldham Road, Manchester, M40 8RR

Important Notice

Before buying at Auction, it is essential that you read our Notices to Prospective Buyers and the Common Auction Conditions. These can be found on our website https://edwardmellor.co.uk/auctions/buying-at-auction
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.

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Floorplan for Wham Street, Heywood Floorplan for Wham Street, Heywood Floorplan for Wham Street, Heywood

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