Middleton, Rochdale- Development Opportunity
By Allen Heritage
£ 825,000
Reviews
3 out of 5 stars
Allen Heritage says ..
Planning permission has been granted to create seven dwellings incorporating five detached and two semi-detached homes. Each unit will provide four bedrooms.
Property Oracle says ..
This property in South Middleton, Rochdale, presents a development opportunity with planning permission granted for constructing seven four-bedroom houses. The current structure on the site appears to require demolition, with the provided images showing the design for the proposed development. The location offers proximity to highly-rated schools like Sunny Brow Nursery School and several train stations providing access to Manchester. While the lack of details on the existing structure’s condition and square footage makes a complete assessment challenging, the potential return on investment seems attractive based on comparable property prices in the area. However, interested buyers should independently verify all costs associated with development, including building materials, labor, and associated fees. The substantial plot size, combined with planning permission, enhances the investment appeal. The absence of specifics regarding the current state of the property leads to some uncertainty in the overall evaluation. Further detailed due diligence is recommended to fully assess the value and potential risks involved.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 8
- Bedrooms
- 0
- Bathrooms
- 0
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 520,714.00 £Increased by 56.70 %
- Average area rental value
- 1,650.00 £/moIncreased by 51.38 %
- Est rental Yield
- 3.80 %Decreased by 3.55 %
- Crime Rate
- 0.00 %
Agent Activity
Allen Heritage marked this listing as sold.
Allen Heritage created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Elizabeth House School | Other Independent School | Good | 0.10 KM |
| Sunny Brow Nursery School | Local Authority Nursery School | Outstanding | 0.13 KM |
| Parkfield Primary School | Community School | Good | 0.36 KM |
| St Mary'S Roman Catholic Primary School, Middleton | Voluntary Aided School | Good | 0.72 KM |
| Middleton Parish Church School | Voluntary Aided School | Good | 1.30 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| The Crescent | £ 340,000 | 0 | 0.00 KM |
| Ambleside Close | £ 125,000 | 0 | 0.00 KM |
| Beech Street | £ 110,000 | 0 | 0.00 KM |
| Weavers Road | £ 0 | 0 | 0.00 KM |
| Tabor Street | £ 145,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Mills Hill (Manchester) | 2920 | MIH | 4.14 KM |
| Moston | 2973 | MSO | 5.09 KM |
| Castleton (Manchester) | 2919 | CAS | 5.81 KM |
| Manchester Victoria | 2970 | MCV | 7.83 KM |
| Manchester Piccadilly | 2968 | MAN | 8.38 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Middleton, Rochdale- Development Opportunity | £ 825,000 | BUY | 6 / 10 | 0.00 KM |
| Lime Gardens, Middleton | £ 425,000 | BUY | 7 / 10 | 0.04 KM |
| Lime Gardens, Archer Park, Middleton, Manchester, M24 | £ 499,000 | BUY | 7 / 10 | 0.08 KM |
| Wentworth Close, Archer Park, Middleton, Manchester, M24 | £ 675,000 | BUY | 8 / 10 | 0.10 KM |
| Sefton Road, Archer Park, Middleton, Manchester, M24 | £ 300,000 | BUY | 5 / 10 | 0.25 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 24 Sunny Brow Road | £ 57,500 | 0.01 KM |
| 46 Sunny Brow Road | £ 262,000 | 0.01 KM |
| 36 Sunny Brow Road | £ 272,500 | 0.01 KM |
| 4 Lime Gardens | £ 184,950 | 0.07 KM |
| 1 Lime Gardens | £ 263,500 | 0.07 KM |