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COMMERCIALSOLD STC

Prospect Street, Tyldesley, Manchester

Guide Price
£135,000
Edward Mellor Ltd, Auction
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
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About Edward Mellor Ltd, Auction

65-81 St Petersgate, Stockport SK1 1DS
Industry affiliations:

Better Service

Edward Mellor is a well established company, founded in 1985 by the eponymous Edward Mellor with his first office in Reddish, Stockport. Over the years we are proud to have become Stockport and Tameside’s leading property services company. Our growth and success has been underpinned by investment in technical innovation and investment in our people and services. Our longer opening hours and accompanied viewing services from our high street offices provides a more professional service on a more friendly level.

Better Coverage

Over the years we have developed the business so that it could become a single point of contact for all of our customer needs. Our core services continue to be the buying and selling of property, but we also cover the areas of renting and property management, property auctions, surveying and Home Information Packs, financial services and overseas property.

Better Estate Agents

In 2004 we opened our landmark HQ in the centre of Stockport to house all of our centralised functions and provide a statement that the business had developed from being a local Estate Agent to arguably the biggest Estate Agent in the area. We are, however, still proud of our heritage and remain one of the best, if not the best, Estate Agents in each locality we serve.

Established in 1983, we have a wealth of knowledge and expertise to make your dream move a happy and successful one.

Over the last three decades we’ve grown and now have a highly successful multi-branch network spanning across Greater Manchester and Cheshire.

We’ve developed our diverse range of services to make sure that all aspects of your property journey are taken care of under one roof.

We have highly successful lettings, survey and financial services departments, and also run one of the largest property auctions in the North West.

Notes

These notes are private, only you can see them.

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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