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Land at rear of Former Golden Ball Hotel, School Lane, Pilling

Guide Price
£580,000
Edward Mellor Ltd, Auction
PROPERTY TYPE

Plot

SIZE

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Key features

  • TO BE SOLD UNDER AUCTION TERMS
  • PLANNING PERMISSION FOR 18 DWELLINGS
  • SEMI RURAL LOCATION WITH STRONG FAMILY DEMAND
  • ATTRACTIVE END SALE VALUE POTENTIAL
  • APPROX 1.7 ACRE FREEHOLD DEVELOPMENT SITE

Description

TO BE SOLD BY ONLINE AUCTION ON 4 TH – 5 TH MARCH 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.

Land at rear of Former Golden Ball Hotel, School Lane, Pilling

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Poulton-le-Fylde Station6.7 miles
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About Edward Mellor Ltd, Auction

65-81 St Petersgate, Stockport SK1 1DS
Industry affiliations:

Edward Mellor is a well established company, founded in 1985 by the eponymous Edward Mellor with his first office in Reddish, Stockport. Over the years we are proud to have become Stockport and Tameside?s leading property services company. Our growth and success has been underpinned by investment in technical innovation and investment in our people and services.

Notes

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Disclaimer - Property reference EM-166873. 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 Edward Mellor Ltd, Auction. 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 Edward Mellor Ltd, Auction on 0161 524 2443.

*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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