TO BE SOLD BY ONLINE AUCTION ON 24TH JULY 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS
Land at Buxton Road, Hazel Grove, Stockport, SK7 6NG
Discover a prime opportunity to own a large plot of land, approximately 1.3 acres, in a highly desirable location just off the A6. This site, although technically located in Hazel Grove, is closer to the sought-after High Lane area, blending the charm of rural surroundings with convenient urban amenities.
The Gross Development Value (GDV) of a similar, highly modernized new build property in this area is around £550,000.
A planning application has been submitted for the development of the existing stables. The planning permission, pending finalization of Section 106 terms, includes the demolition of the existing dwelling and construction of a new, ultra-modern, single-storey residential dwelling. The planned home features two bedrooms, two bathrooms, an open plan living/dining/kitchen area, a utility room, an access driveway with secure gated parking for two cars, a bin store, a bike store, and gardens on two sides.
The remaining land, once the bungalow has been developed, may hold hope value for further development, subject to relevant planning permissions. This additional potential increases the attractiveness of the investment for prospective buyers.
Located within walking distance to both High Lane and Hazel Grove, the property benefits from excellent transport links, including proximity to the A555 airport/motorway link. Hazel Grove offers a vibrant suburban lifestyle with a range of amenities such as shops, cafes, restaurants, several highly-regarded schools, and ample green spaces. Stepping Hill Hospital is also nearby. Direct train services to Manchester from Hazel Grove station and numerous bus routes further enhance connectivity.
Planning Application Reference: DC/083916
For more details of section 106 feel free to contact the team.