This property represents a significant freehold redevelopment opportunity, featuring a Grade II listed former textile mill constructed in 1843, situated in the heart of Macclesfield. With approved planning permission for conversion into 30 upscale apartments—including a blend of two-bedroom homes and luxurious three-bedroom duplex penthouses—this site is primed for transformation. The current design allows for ample parking with 33 spaces and the potential to further expand the number of units, pending necessary approvals.
The estimated Gross Development Value (GDV) stands at an impressive £7.5 million, underscoring the investment potential this project offers to developers. Importantly, asbestos removal has already been conducted by the current owners, which mitigates initial hazards and accelerates project initiation.
The property maintains notable architectural features such as red brick façades, sandstone accents, and original internal elements like cast-iron columns and timber beams that provide opportunities for thoughtful restoration while enhancing its historical essence. Given the architectural integrity and strong demand for residential units in the area, Albion Mill is an increasingly rare chance to redevelop a historic industrial site into sought-after living spaces.
