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Higher Walton Road, Walton-le-Dale, Preston, Lancashire, PR5

Description

** Guide price £1.5m Subject to Planning **

An exciting and rare opportunity to acquire Winstanley House, a substantial detached residence occupying a prominent position within the highly sought-after area of Walton Le Dale, together with adjoining development land benefiting from previous Permission in Principle for up to 8 dwellings, including 6 terraced and 2 detached dwellings.

It is our understanding that 6 out of the 8 dwellings (terraced block) cannot be constructed on the east parcel of land due to an existing gas main. However, we understand that there could be a further development potential and the remaining acreage.

The existing property provides a spacious family home with generous accommodation and mature grounds, offering purchasers the flexibility to either retain and enhance the dwelling or incorporate it within a wider residential development strategy.

Adjacent to the house, there is currently two large barns with potential for conversion into dwellinghouses / apartments, or perhaps demolition to create open space for further construction. One of the barns previously had full planning approval for conversion into one dwelling house.

The land presents an attractive opportunity for housebuilders, developers, investors, or land promoters seeking a site with huge development potential subject to the necessary planning consent.

The site is 2.61 aces in total and situated within easy reach of Preston city centre and enjoys excellent connectivity to the regional motorway network including the M6, M61 and M65, whilst benefitting from a range of local amenities, schools and transport links nearby.

Key Features
• Substantial detached residence.
• Sought-after Walton Le Dale location.
• Development land adjoining the property.
• Previous Permission in Principle granted for up to 8 dwellings.
• Attractive opportunity for developers and investors.
• Excellent access to Preston, South Ribble and the wider motorway network.
• Potential to deliver a high-quality residential scheme in an established neighbourhood.
• Ideal site for a small, gated community scheme
• Land boundary is mid-stream of the River Darwen,the river embankment is the length of the scheme
• Available as a whole

The vendor has also advised that there is additional land directly underneath the M6 overpass which can be available to let or for sale subject to separate negotiations.
Interested parties are advised to satisfy themselves regarding all planning matters and development potential through their own enquiries with the Local Planning Authority.

Guide price £1.5m Subject to Planning


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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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Higher Walton Road, Walton-le-Dale, Preston, Lancashire, PR5

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Affordability

Monthly repayments£7,539
Property: £ 1,500,000
Deposit: £ 150,000
Interest rate: 5.35%
Term: 30 years
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About Bridgfords, Bamber Bridge

204 Station Road, Bamber Bridge, Preston, Lancashire, PR5 6TQ
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Since 1833, Bridgfords has been serving communities across the North of England with comprehensive sales and lettings services, combining heritage service with local expertise. Each of our branches is located to maximise exposure for your property, with a dedicated team delivering a personalised service for every search. If you're looking for help with your property needs, contact us today.

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