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2 ACRES Land for SALE Manchester City Centre at a discounted price

GBP 9,655,500
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Summery :

Type:  For Sale

Tenure:  FREEHOLD

Units: 525

Price: £ 9.655m

Expected GDV:  £ 120m

Discount: 20 %

Property Value Increase (M5): 40 % (2014 – 2019)

Description: 
Regent Road Manchester is located on a site within a few minutes of Manchester City Centre and therefore presents an excellent opportunity to spearhead a development within a city on the cusp of historical transformation. 2 Acres Demolition of existing buildings and redevelopment to provide a residential led development of 525 residential units (Use Class C3) of up to 26 storeys comprising of 488 apartments and 37 Town Houses, provision of a residential gym (418 sqm), cafe (Use Class A3) (103 sqm), residents lounge (280 sqm), management reception (68sqm) and residential lobby (210 sqm), associated landscaping and drainage works and vehicle and cycle parking, with vehicular, cycle and pedestrian access from Duncan Street and additional pedestrian access points at Regents Road and Oldfield Road/land bound by Regents Road and Duncan Street Salford.

Full Planning Information

Planning Ref No: available on request

Planning Status: Full Planning

Estimated Build Cost: £60000000

Have CILS: No

Have Section 106: No

Have Planning Conditions: No

 

Area:
State/County:
Zip: M5 3GY
Country: United Kingdom
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Property Id : 21302
Price: GBP 9,655,500
Property Size: 2.00 ft2
Higher Return on Investment
walkscore73 / Very Walkable more details here

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