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£900,000
Commercial property
Planning permission has now been granted for the construction of twenty new townhouses to the rear which will be facing onto Ullswater Street and Thirlmere Street in an incredible position close to Leigh town centre.
We are delighted to offer to the market on behalf of the landowner this incredible site in Leigh Greater Manchester. Being sold with the benefit of full planning permission the site contains two elements the conversion and extension of the existing gymnasium building into 18 one and two-bedroom apartments and the creation of 20 newly built townhouses on the land to the rear. The vendors will sell both plots separately or combined and the asking price on the advert is per plot.
The scheme for the new townhouse homes is to the rear of the former Leigh college which is currently undergoing a huge transformation into luxury apartments.
Planning permission has now been granted for the construction of twenty new townhouses to the rear which will be facing onto Ullswater Street and Thirlmere Street in an incredible position close to Leigh town centre.
The townhouses have been designed over 3 stories and include around 104 sqm of living space with three generous bedrooms and an open-plan living space on the ground floor.
The townhouse scheme would suit a developer looking at the resale market perhaps or a build-to-rent scheme. As part of the planning process, an independent valuation was completed in June 23 and valued the townhouses at circa £225,000 depending on whether mid or end and garden sizes and positions giving a slight variance, house price indexes locally advise prices have since risen from this point but this would give an anticipated GDV of £4,320,000. The scheme benefits from no section 106 or affordable element to the whole site as well.
The former gymnasium next to the townhouses was part of the Leigh college site which is currently being renovated to create a fabulous scheme in Leigh town centre to create a really nice development from a dilapidated building.
The Greater Manchester gymnasium building was once described as the oldest working gym operating and is of local importance due to its historic ties with the town since being gifted to the school in 1902.
Based in Ullswater Street, Ada and Hilda Smith trained there before their success at the 1928 Olympics. The site fronts onto three streets – Ullswater Street, Boughey Street, and Thirlmere Street, and has been partly cleared apart from the derelict former college gymnasium.
Full details of the planning permission can be found under the Wigan planning portal reference – A/22/94743/MAJOR
Please contact our Branch Manager in Land and New Homes to arrange a viewing.
T: 01925 906280
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Our team of specialists will advise you on the real value of your property. Click here.