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See how verdicts workDetached house
For saleListed 2 days
Opportunity summary
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About
** Guide price £1.5m Subject to Planning ** An exciting and rare opportunity to acquire Winstanley House, a substantial detached residence occupying a prominent position within the highly sought-after area of Walton Le Dale, together with adjoining development land benefiting from previous Permission in Principle for up to 8 dwellings, including 6 terraced and 2 detached dwellings.
It is our understanding that 6 out of the 8 dwellings (terraced block) cannot be constructed on the east parcel of land due to an existing gas main.
However, we understand that there could be a further development potential and the remaining acreage.
The existing property provides a spacious family home with generous accommodation and mature grounds, offering purchasers the flexibility to either retain and enhance the dwelling or incorporate it within a wider residential development strategy.
Adjacent to the house, there is currently two large barns with potential for conversion into dwellinghouses / apartments, or perhaps demolition to create open space for further construction.
One of the barns previously had full planning approval for conversion into one dwelling house.
The land presents an attractive opportunity for housebuilders, developers, investors, or land promoters seeking a site with huge development potential subject to the necessary planning consent.
The site is 2.61 aces in total and situated within easy reach of Preston city centre and enjoys excellent connectivity to the regional motorway network including the M6, M61 and M65, whilst benefitting from a range of local amenities, schools and transport links nearby.
Key Features • Substantial detached residence. • Sought-after Walton Le Dale location. • Development land adjoining the property. • Previous Permission in Principle granted for up to 8 dwellings.
• Attractive opportunity for developers and investors. • Excellent access to Preston, South Ribble and the wider motorway network.
• Potential to deliver a high-quality residential scheme in an established neighbourhood.
• Ideal site for a small, gated community scheme • Land boundary is mid-stream of the River Darwen, the river embankment is the length of the scheme • Available as a whole The vendor has also advised that there is additional land directly underneath the M6 overpass which can be available to let or for sale subject to separate negotiations.
Interested parties are advised to satisfy themselves regarding all planning matters and development potential through their own enquiries with the Local Planning Authority.
Guide price £1.5m Subject to Planning
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
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FAQ
About Higher Walton Road, Preston
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