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Lee Lane, Horwich, Bolton, Greater Manchester, BL6

PROPERTY TYPE

End of Terrace

BEDROOMS

3

BATHROOMS

2

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Planning permission granted for two spacious two-bedroom dwellings
  • Potential to create a third dwelling subject to planning
  • Substantial double-fronted stone property in central Horwich with additional large cellar
  • Fully stripped out internally and ready for development
  • Option for mixed use with commercial ground floor and residential above
  • Off-road parking to the rear
  • Prominent Lee Lane location close to shops, transport links and M61
  • Ideal developer / investment opportunity with no chain

Description

**EXCELLENT DEVELOPMENT / INVESTMENT OPPORTUNITY IN THE HEART OF HORWICH**

Planning Permission Granted for Two Dwellings – Two Large Bedrooms to Each – Potential for Third Dwelling Subject to Planning – Alternative Mixed Commercial & Residential Use – Stripped Out & Ready for Development – Rear Parking – No Chain

A fantastic opportunity to acquire this substantial double-fronted, stone-fronted property occupying a prominent position on Lee Lane in the heart of Horwich town centre. Formerly home to a long-established chemist, the property was purchased by the current owners last year and has since been completely stripped out, providing an excellent blank canvas for redevelopment.

Importantly, the owners have now secured planning permission for the conversion/redevelopment of the property to create two spacious residential dwellings, each offering two large bedrooms, making this an ideal opportunity for a developer, investor or builder looking for a project where much of the initial planning work has already been undertaken.

The generous overall footprint and plot also provide potential to create a third dwelling, subject to obtaining the necessary planning permission, offering further scope to maximise the site.

Alternatively, the property could potentially be retained as a mixed-use investment, with commercial accommodation to the ground floor and residential flats above, subject to any necessary consents. Historically the building has operated with commercial accommodation at ground-floor level and residential accommodation to the first floor, providing a number of possibilities depending on the requirements of the purchaser.

The building is currently stripped back internally and ready for the next owner to begin their chosen scheme, avoiding much of the initial clearance and preparation usually associated with a redevelopment project.

Externally, the property occupies a generous plot with the added benefit of off-road parking to the rear, a particularly valuable feature for a town-centre property and one which would complement either residential or commercial redevelopment.

Situated prominently on Lee Lane close to the junction with Julia Street, the property is exceptionally well positioned for Horwich town centre and its wide range of shops, cafés, restaurants and everyday amenities. Horwich Parkway and Blackrod railway stations provide convenient access towards Manchester and beyond, while Junction 6 of the M61 and Middlebrook Retail & Leisure Park are both within easy reach.

For those looking to create residential accommodation, the location also benefits from excellent access towards Lever Park Avenue, Rivington and the surrounding countryside, combining convenient town-centre living with some of the area's most popular outdoor spaces close by.

The property therefore represents a particularly versatile opportunity, whether the purchaser chooses to implement the approved two-dwelling scheme, explore the possibility of a third dwelling, or create a mixed commercial and residential investment.

Mains services are understood to be available.

The property is Leasehold for a term of 999 years from 5th March 1855 subject to a yearly Ground Rent of £1.50.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Lee Lane, Horwich, Bolton, Greater Manchester, BL6

Approximate location

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Affordability

Monthly repayments£1,211
Property: £ 250,000
Deposit: £ 25,000
Interest rate: 5.02%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Regency Estates, Horwich

29 Lee Lane Horwich BL6 7AY
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Regency Estates are an award-winning agent, winning the British Property Awards for the fifth year running, we have been established since 1992 and we are a family run Agent.

We have the knowledge to give you the best advice around and we have our reputation to protect, which is our best guarantee to you that you will get the professional service you deserve.

Buy, sell, rent or let - the chances are that this will be one of your most important decisions, ever! Be sure to put your trust in a team that have the expertise to guide you through what can often be a complex process. So what else is important to you?

Professionalism - Regency are members of NAEA, ARLA, ARMA and NFOPP.

Responsibility - we joined the Property Ombudsman scheme in 2007. This was only made compulsory for estate agents in August 2014.

Trained Staff - as a progressive & proactive company we encourage our staff to further their education. Many of our staff are already qualified or are in the process of qualifying for NFOPP (National Federation of Property Professionals), NAEA & ARLA qualifications

Service - we employ the latest technologies to enable us to offer you an efficient and speedy service.

Offices - we have invested heavily in our prominent high street offices, one of the largest offices in Horwich with our LED light pocket window displays, designated seating area we have created a great environment for customers to do their business. Please always feel free to call into our office for a coffee.

When dealing with a family business you know you can speak to the people who can make a difference, the people who care about you and whether you're getting the service you need to get you to where you want to be - quickly and with minimum fuss.

Lanecape Ltd, trading as Regency Estates is a member of The Property Ombudsman Scheme and the Propertymark Client Money Protection Scheme. Our landlord and tenant fees can be found on our website.

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Disclaimer - Property reference REG260323. 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 Regency Estates, Horwich. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.