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Great Cheetham Street West, Salford... Plot for sale
Great Cheetham Street West, Salford, Greater Manchester
£700,000
Great Cheetham Street West, Salford, Greater Manchester
£700,000
Our Summary
- A substantial semi-detached property with an existing HMO licence, offered with a large plot of land and clear potential for further development subject to planning permission
- Positive pre-application advice has been secured for the construction of residential apartments to the rear of the property with associated parking, making this an ideal opportunity for developers and investors
- The property would benefit from modernisation, allowing the incoming purchaser to upgrade or redevelop
- Development potential
- Requires refurbishment
Description
This substantial semi-detached property, currently operating as a licensed HMO with seven bedrooms, sits on a large plot of land with potential for further development, subject to planning permission. Positive pre-application advice has been secured for the construction of residential apartments to the rear of the property, making it an attractive opportunity for developers and investors. The property's location, near Salford Universities and with excellent public transport connections to Manchester City Centre, makes it well-positioned to meet the local demand for student and professional accommodation. While the property could benefit from modernisation, it offers a rare chance to upgrade or redevelop the property, and can be sold with tenants in situ or with vacant possession, depending on the buyer's requirements.