This property presents a compelling investment opportunity in Denton, Manchester, featuring a mixed-use development with existing planning permission for residential conversion and upgrades. The ground floor consists of a retail unit with an appealing front display and sales area, while the rear segment includes a kitchen, separate bathroom, and a spacious open-plan living space currently utilized as a flat. With its generous layout, this property is primed for transformation by savvy investors and developers alike.
The approved plans allow for part demolition and redevelopment into an expanded two-storey structure complete with a rear outrigger and dormer extension. This scheme retains the commercial space on the ground floor while introducing three self-contained one-bedroom apartments alongside essential cycle and refuse storage.
Given the planning permission already in place, buyers can engage in development with reduced risk and timeline concerns typical of new projects. Moreover, there’s additional potential for further development subject to necessary consents, enhancing the investment scope.
Denton is characterized by its strong transport links through the M60 motorway network and accessible bus services along with nearby rail connections. The bustling Hyde Road serves as an essential artery surrounded by diverse residential neighborhoods, local businesses, and retail options. With ongoing demand for quality rental properties in this area, coupled with Denton's affordability and connectivity, this location remains an attractive target for investors aiming for stable rental yields and future appreciation.