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Ridley Reservoir, Merelake Road... 4 bed detached house for sale
Ridley Reservoir, Merelake Road, Alsager ST7 1UF
£299,000
Ridley Reservoir, Merelake Road, Alsager ST7 1UF
£299,000
Our Summary
- DEVELOPMENT OPPORTUNITY CHESHIRE BOARDER FOR AUCTION 29th - 30th September
- FOR SALE VIA ONLINE AUCTION ON MONDAY 29th September AT 1PM UNTIL TUESDAY 30th September 1PM
- Auction House Staffordshire welcomes a amazing GRAND DESIGNS opportunity (this property has been a part of the grand designs programme previously)
- Artist impression images of potential finished project
- Development potential perfect for builder/developer or home owner looking for their family home to make their own
- 2 Million Development Cost: £600,000 Estimated Profit: £750,000 - £1,150,000Planning reference number 18/5380C
- FOR SALE VIA ONLINE AUCTION ON MONDAY 29th September AT 1 PM UNTIL TUESDAY 30th September 1 PM
- PRE & POST AUCTION OFFERS WELCOME
- Pre & post auction offers welcome
Description
A unique development opportunity is being offered for auction, featuring a grand reservoir building in rural Alsager, Cheshire. The property, which has been featured on Grand Designs, boasts over 8,000 square meters of space and offers extensive views. With a guide price of £450,000, the estimated gross development value is £1.8-2.2 million, with a development cost of £600,000 and an estimated profit of £750,000-£1.15 million. The property requires renovation and development, making it an ideal project for a builder/developer or a homeowner looking to create their dream family home. The auction is scheduled for September 29-30, and interested parties can contact Auction House Staffordshire for viewings.