Member Article

North Manchester development site with planning for 76 homes goes up for auction - with £1.5m guide price

A 13.5-acre site in north Manchester which has planning consent to build 76 three-and-four-bedroom homes is to be auctioned next month in Pugh’s online property sale, with a guide price of £1.5m.

The land, between Crumpsall and Blackley, is bounded by the River Irk and is the site of a former reservoir and the former Bowker Bank industrial estate. Planning permission for 48 homes was granted in 2012, with proposals for a further 28 homes given the green light by city planners in 2014.

Known as Blackley Mere, the site is as yet undeveloped and it is now being put up for auction by the landowner.

Edward Feather, associate director at property auctioneer Pugh, said: “This is an ideal location to develop family homes. The quiet riverside and woodland environment make it a really attractive setting for new houses that is only half a mile from the nearest Metrolink stop at Bowker Vale and just four miles from Manchester city centre.

“It’s a fantastic investment opportunity and, not surprisingly, we’ve already seen considerable interest from potential buyers.”

Next month’s Pugh auction, which includes the 13.5-acre Blackley Mere development site, has new lots added daily and will be held online on 20 September.

This was posted in Bdaily's Members' News section by Emma Kilmurray .