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THIS PROPERTY IS NO LONGER AVAILABLE

Development property For Auction
Osborne Street, Bredbury, Stockport, SK6

£340,000
Guide Price
  • Property at Osborne Street, Bredbury, Stockport
  • Property at Osborne Street, Bredbury, Stockport
  • Property at Osborne Street, Bredbury, Stockport
  • Property at Osborne Street, Bredbury, Stockport

Full Description

View this property on a map Former childrens day care centre now with planning for Flats 5 x 2 bedroom flats & 3 x 1 bedroom flats.

38-40 Osborne Street, Bredbury

TO BE SOLD BY ONLINE AUCTION ON 13th OCTOBER 2020

If you intend to borrow any money from a financial institution please make sure they are in a position to provide the funding in a timely manner, as they are currently experiencing extreme demands. For further information you can call us on 0161 443 4740 to discuss your individual circumstances or email [email protected]

Important Information

Notice

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.

Overview

The lot on offer is a plot and building that was formerly used for Children's day care. The location is predominantly residential and in a great area close to Stockport Town Centre and the Motorway links.

There is established and permitted use still current plus the benefit of the planning for demolition and flats to be built.

Site area circa circa 0.15 A (0.06 H)

Planning

DC/070516 Demolition of existing nursery and erection of 8 apartments comprising 5 x 2 no. Two bed and 3 x 1 bedroom apartments. (Re-submission of DC067773). 38-40 Osborne Street Bredbury Stockport SK6 2BT.

All interested parties are advised to make their own enquiries directly to Stockport Metropolitan Borough Council Planning Department.

Values

One bedroom apartments within the postcode are marketed over £105,000 and 2 bedroom flats are marketed in excess of £130,000. As new builds these may attract a higher premium. Rentals values are good with returns expected as a minimum of £550 for one bedroom flats and £650 for two bedroom flats

Notes

All plans and architects drawings are for illustration purposes alone. Lined OS map is for purpose of identification only: refer to legal pack for title plan and accurate boundaries. EPC rating D (84)

Possession

Vacant on completion site bought as and subject to any unauthorised use and occupation including unregulated parking and access that may exist.

Bidding Procedure

You will first need to create an account. This requires you to verify your email address, by clicking an activation link that we'll send to you.
Once you've created an account you can watch' lots that you're interested in (you'll be kept up-to-date throughout the auction cycle), as well as gain access to the legal packs. In order to place a bid on a lot, you will need to complete the bidder registration steps, as detailed below.
The first time you register to bid you will be asked to verify your mobile number and upload copies of your photo ID (e.g. Driver's licence or passport) and recent proof of address (dated within the last 3 months). We can then easily keep in touch and will identify you in the event of you purchasing a lot.

Important Notice

Before buying at Auction, it is essential that you read our Online Auction Buying Guide. This is on our website www.edwardmellor.co.uk
ews/online-auction-buying-guide.
You must not bid unless you have made yourself fully aware of the auction process. If you need help with this, please contact a member of the team.

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Auction Office

65-81 St Petersgate
Stockport
Cheshire
SK1 1DS

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