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Development Site, Middle Hillgate, Stockport, SK1 3AL - Image 1
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Development Site, Middle Hillgate, Stockport, SK1 3AL - Image 3
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Development Site, Middle Hillgate, Stockport, SK1 3AL - Image 11

Development Site, Middle Hillgate, Stockport, SK1 3AL

North West

£250,000
Listed on 08/03/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity for redevelopment, having already secured full planning consent for a mixed-use scheme that combines commercial office space and residential units. The proposed layout encompasses a ground floor office of 61 sq.m along with a common area, progressing to additional residential spaces on the first and second floors, plus an attic conversion. Specific plans have been detailed in various planning documents, including elevation drawings and construction phase layouts, highlighting the depth of preparation already undertaken. Strategically situated at the junction of Lower Hillgate and Wesley Street, this site benefits from proximity to Stockport's key amenities such as the market place, shopping centre, and transport links which enhance its investment potential. This project is suitable for both seasoned developers and first-time investors looking to capitalize on rising demand in the area.

Investment Analysis

(SK1 area)
Area Average
£256/sq ft
Avg Rent (weekly)
£242
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (SK1)

Area prices are rising by +12.5% over the last 12 months
3 year growth: +13.5%
5 year growth: +37.0%
Investment Disclaimer: Analysis based on SK1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Development Site, Middle Hillgate, Stockport, SK1 3AL
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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