Land

The property is a residential development site located on Booth Lane, on the outskirts of Middlewich. It has outline planning permission for two 2-bedroom semi-detached houses, granted in May 2022. The site benefits from addresses for the houses already being registered, and a further Reserved Matters Application for appearance, layout, scale, access, and landscaping is in progress. The site is nearby to local amenities, leisure facilities, and has access to the M6 motorway. The proposed scheme consists of two identical 2-bedroom semi-detached houses, each with an estimated sales value of £216,000 and estimated rental value of £1,200 per calendar month. The estimated gross development value is £432,000, and the estimated annual income is £28,800 per annum. The site is a freehold property with vacant possession upon completion, and the buyer's administration fee is £1,800 including VAT.