available
£2,200,000
Situated in the heart of Hanley, this large building plot offers a unique opportunity for development. The site benefits from full planning permission for the construction of 220 apartments, allowing for a substantial residential project. With a total of 0.56 acres across three freehold titles, this land offers significant potential for investors looking to capitalise on the thriving local market.
Located near the Potteries shopping centre, the site is positioned to attract tenants and future residents who value convenience and access to amenities. The projected rental income of £180,000 per month underscores the site's potential as a lucrative investment. Detailed development plans are available upon request, offering further insight into the possibilities this land holds.
With a projected development value in the region of £17-18 million, this is an opportunity not to be overlooked by those seeking a premium investment in residential real estate. A buyer's premium of 1% plus VAT applies, ensuring a competitive edge in securing this prime location. Act now to explore the potential this site has to offer and to take advantage of its strategic location and planning approvals.
*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.
