Middleton, Rochdale- Development Opportunity
AL

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 %
from 332,308.00 £
Average area rental value
1,650.00 £/mo
Increased by 51.38 %
from 1,090.00 £/mo
Est rental Yield
3.80 %
Decreased by 3.55 %
from 3.94 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Allen Heritage marked this listing as sold.

  • Allen Heritage created the listing.

Nearby Schools

NameTypeOfstedDistance
Elizabeth House SchoolOther Independent SchoolGood0.10 KM
Sunny Brow Nursery SchoolLocal Authority Nursery SchoolOutstanding0.13 KM
Parkfield Primary SchoolCommunity SchoolGood0.36 KM
St Mary'S Roman Catholic Primary School, MiddletonVoluntary Aided SchoolGood0.72 KM
Middleton Parish Church SchoolVoluntary Aided SchoolGood1.30 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
The Crescent £ 340,00000.00 KM
Ambleside Close £ 125,00000.00 KM
Beech Street £ 110,00000.00 KM
Weavers Road £ 000.00 KM
Tabor Street £ 145,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Mills Hill (Manchester)2920MIH4.14 KM
Moston2973MSO5.09 KM
Castleton (Manchester)2919CAS5.81 KM
Manchester Victoria2970MCV7.83 KM
Manchester Piccadilly2968MAN8.38 KM

Nearby Listings

AddressPriceTypeScoreDistance
Middleton, Rochdale- Development Opportunity £ 825,000BUY6 / 100.00 KM
Lime Gardens, Middleton £ 425,000BUY7 / 100.04 KM
Lime Gardens, Archer Park, Middleton, Manchester, M24 £ 499,000BUY7 / 100.08 KM
Wentworth Close, Archer Park, Middleton, Manchester, M24 £ 675,000BUY8 / 100.10 KM
Sefton Road, Archer Park, Middleton, Manchester, M24 £ 300,000BUY5 / 100.25 KM

Nearby Properties

AddressPriceDistance
24 Sunny Brow Road £ 57,5000.01 KM
36 Sunny Brow Road £ 272,5000.01 KM
46 Sunny Brow Road £ 262,0000.01 KM
4 Lime Gardens £ 184,9500.07 KM
1 Lime Gardens £ 263,5000.07 KM