>
Land for sale
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 the heart of Hanley 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, presents significant potential for investors looking to capitalize on the thriving local market. Located near the Potteries shopping centre, the site is positioned to attract tenants and future residents who value convenience and access to amenities, with a projected rental income of £180,000 per month. Detailed development plans are available upon request, offering insight into the possibilities this land holds, with a projected development value of £17-18 million. A buyer's premium of 1% plus VAT applies, making this a competitive investment opportunity in residential real estate.