
Prospect Street, Tyldesley, Manchester
- PROPERTY TYPE
Residential Development
- SIZE
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Key features
- TO BE SOLD UNDER AUCTION TERMS
- RESIDENTIAL DEVELOPMENT
- PLANNING FOR 2 X TERRACED HOUSE
- GREAT POTENTIAL YEILD FOR ROOM LETS
- DISIRABLE LOCATION
Description
TO BE SOLD BY ONLINE AUCTION ON 23 RD APRIL 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMS AND CONDITIONS
20, Prospect Street, Tyldesley, Manchester, M29 8SU
A fantastic development opportunity in the heart of Tyldesley, this property offers a blank canvas for investors and developers. Currently a shell, planning permission has been granted for the creation of two terraced homes—one two-bedroom and one three-bedroom—allowing for a lucrative project with strong demand in the area. Planning ref - A/23/95449/CU
Situated in a convenient location close to local amenities, transport links, and schools, this is an exciting prospect for those looking to add value and create sought-after homes or for a profitable resale. Don’t miss out on this chance to secure a prime investment.
Here are some similar two and three bedroomed properties taken from Land Registry which have sold close by that highlight the potential:
15, Lever Street, Manchester, M29 8BL- Sold - 26/09/2024 £149,950 Terraced 2 beds 0.08 mi
25, Johnson Street, Manchester, M29 8AB-Sold - 19/04/2024 £153,000 Terraced 3 beds 0.20 mi
22, East Street, Manchester, M46 9AU- Sold - 23/04/2024 £142,000 Terraced 2 beds 0.24 mi
Two and three bedroomed properties rental values in the area are in the region of £800 - £900 pcm. With the current planning permissions, the property has potential for 5-7 room lets and current values in the area are in the region of £600 per room presenting the potential to generate an excellent yield based on the guide price.
Prospect Street, Tyldesley, Manchester
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Atherton Station0.9 miles
- Hag Fold Station1.5 miles
- Daisy Hill Station2.5 miles
Notes
Disclaimer - Property reference EM-159965. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Edward Mellor Ltd, Auction. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Edward Mellor Ltd, Auction on 0161 524 2443.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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