This unique property presents a rare investment and renovation opportunity in the picturesque setting near the Cheshire border. Once an ex-reservoir building, this expansive structure spans over 8,000 square meters and offers a blank canvas for those with vision and creativity.
Nestled in the tranquil rural area of Alsager, the property benefits from stunning views that enhance its potential appeal. The surrounding landscape provides an inviting backdrop for future development, making it suitable for builders, developers, or homeowners looking to craft their ideal family residence.
Previously featured on the Grand Designs program, this property carries a significant historical charm and design potential. With artist impressions available to inspire your own vision for modernization, you can explore various architectural possibilities that maximize its space and unique characteristics.
The investment potential is noteworthy, with an estimated gross development value ranging from £1.8 million to £2.2 million against a development cost of approximately £600,000. This could result in substantial profit margins estimated between £750,000 to £1.15 million for those prepared to undertake the project.
Planning reference number 18/5380C has been established, providing a framework for your development aspirations. This character-filled property not only represents an exciting project but also allows for significant financial prospects within a desirable location.
