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Ridley Reservoir, Merelake Road, Alsager ST7 1UF

Guide Price
£450,000
Auction House, Cheshire & North Wales
PROPERTY TYPE

Land

BEDROOMS

4

BATHROOMS

4

SIZE

Ask agent

Key features

  • FOR SALE VIA ONLINE AUCTION ON MONDAY 22ND APRIL AT 1PM UNTIL TUESDAY TUESDAY 23RD ARPIL 1PM.
  • BUYER'S FEES APPLY (PLEASE READ LEGAL PACK)
  • PRE & POST AUCTION OFFERS WELCOME
  • GUIDE PRICE £450,000
  • Gross Development Value (GDV): £1.8 Million - £2.2 Million
  • Estimated Profit: £750,000 - £1,150,000
  • POPULAR RURAL LOCATION ON THE BOARDER OF STAFFORDSHIRE AND CHESHIRE
  • GRAND DESIGNS PROJECT

Description

EXCITING DEVELOPMENT OPPORTUNITY
CHESHIRE BOARDER
PREVIOUS RESERVOIR BUILDING
PARTLY CONVERTED

FOR SALE VIA ONLINE AUCTION ON MONDAY 22ND APRIL AT 1PM UNTIL TUESDAY TUESDAY 23RD ARPIL 1PM.

Auction House Staffordshire welcomes a amazing GRAND DESIGNS opportunity (this property has been a part of the grand designs programme previously).
Ex Reservoir building this is a project for someone with great vision, boasting over 8000 square meter property.

Set in rural part of Alsager with extensive views.

Artist impression images of potential finished project.

Development potential perfect for builder/developer or home owner looking for their family home to make their own.


Investment Snapshot:
Guide Price: £450,000
Estimated Gross Development Value (GDV): £1.8 Million - £2.2 Million
Development Cost: £600,000
Estimated Profit: £750,000 - £1,150,000

Planning reference number 18/5380C

Tenure: See Legal Pack

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Ridley Reservoir, Merelake Road, Alsager ST7 1UF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Alsager Station0.9 miles
  • Kidsgrove Station1.7 miles
  • Longport Station4.0 miles

About the agent

Auction House, Cheshire & North Wales

Stapeley House London Road, Stapeley, Nantwich, CW5 7JW

Auction House, Cheshire & North Wales

Why Use Auction House?

. Market position. Auction House are firmly established as the UKs no.1 property auctioneers based on lots sold, last year our total exceeded 3,700 and nationally we sell over 75% of lot entered to our room auctions. We are market leaders across North Wales, Cheshire, Staffordshire and Shropshire. We hold regular auctions across the region. We also operate Online Auctions with sales every Tuesday (except over Christmas and the New Year).

· Trusted Brand. Auc

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Industry affiliations

Ombudsman for REsale Estate Agents (no OFT logo)

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 202311292014sq_dv7e. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House, Cheshire & North Wales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Cheshire & North Wales on 01270 441779.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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