Ridley Reservoir, Merelake Road, Alsager, Cheshire East, ST7 1UF

For sale by Online Auction - 25th of March 2026.

Description
Tucked away on the Cheshire/Staffordshire border, this extraordinary opportunity offers the conversion of the former Ridley Reservoir into a truly landmark, architect-designed subterranean residence. Full planning permission (18/5380C) is already in place for an exceptional four-level luxury home extending to approximately 770 sq m / 8,300 sq ft, with approved plans incorporating expansive open-plan living, four en-suite bedrooms, and a remarkable suite of leisure facilities including a cinema/media room, bar and entertainment areas, gym, swimming pool, plunge pool and associated changing facilities.

Substantial preparatory and structural works have already been completed, including steel RSJs, reinforcement, internal wall formation, window and door openings, partial excavation to lower-ground levels, early waterproofing and drainage works, a formed access road and turning area, and a level working platformmoving the project decisively beyond the unknowns" stage and providing incoming buyers with clarity on scale, feasibility and build route.

The approved vision delivers a rare blend of contemporary architecture and discreet, private living, with multi-level leisure and entertainment spaces seldom achievable in conventional residential design, complemented by full-height glazing and seamless indoor/outdoor integration. The scale of the development naturally lends itself to a phased build approach, allowing the main dwelling to be prioritised before completing the leisure levels, subject to lender and professional advice.

While consent is currently for a private dwelling (Use Class C3), the sheer size and uniqueness of the structure may also appeal to those exploring alternative future concepts such as wellness, retreat or specialist uses, subject to the necessary consents. Set within open countryside with woodland boundaries, no immediate neighbours and excellent access for construction, this is a genuinely rare, cash-buyer opportunity to complete a standout, portfolio-defining project where much of the complex groundwork has already been done.



Freehold

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL - Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price.

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.