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Land
Glass Street, Stoke On Trent ST1
£2,000,000
Glass Street, Stoke On Trent ST1
£2,000,000
Our Summary
- Situated in the heart of Hanley, this large building plot offers a unique opportunity for development
- The site benefits from full planning permission for the construction of 220 apartments, allowing for a substantial residential project
- 56 acres across three freehold titles, this land offers significant potential for investors looking to capitalise on the thriving local market
- Act now to explore the potential this site has to offer and to take advantage of its strategic location and planning approvals
- Detailed Planning Ref: 64665/ful granted 25/11/2020
- Full Planning Permission for 220 Apartments
- Large Building Plot situated on Glass Street in Hanley
Description
This large building plot in Hanley, Stoke-on-Trent, offers a unique opportunity for development, with full planning permission for the construction of 220 apartments. The 0.56-acre site, comprised of three freehold titles, is situated near the Potteries shopping centre, providing easy access to amenities and a thriving local market. With a projected rental income of £180,000 per month, the site is expected to generate a lucrative return on investment. Detailed development plans are available, and the projected development value is estimated to be in the region of £17-18 million. A buyer's premium of 1% plus VAT applies, making this a competitive opportunity for investors seeking a premium residential investment.