£49,000
Est. Mortgage £246 per month*Get Pre-Qualified

Land for sale

Greenhill Garage Plus Land At Rochdale Road, Bacup
studio Flat studio Flat

Property description

TO BE SOLD BY ONLINE AUCTION ON 22ND OCTOBER 2025 UNLESS SOLD PRIOR UNDER AUCTION TERMSLand at Greenhill Garage, 109 Rochdale Road, Bacup, OL13 9NSA freehold site comprising a garage premises with associated land and parking, prominently located on the A671 to the south of Bacup town centre.Planning permission was granted in 2022 (Rossendale Borough Council Ref: 2021/0452) for the demolition of the existing buildings and the development of four semi-detached houses with gardens, parking, and access. We understand this consent has now lapsed, and all prospective purchasers must make their own enquiries regarding the planning status, site conditions, and any restrictions.Offering strong potential, the site would suit residential redevelopment or a range of commercial uses, subject to obtaining the necessary consents. Making it an attractive opportunity for investors and developers alike.Recent sales of semi-detached homes in the OL13 area range from £190,000–£210,000 per unit, with some achieving as high as £225,000, depending on size and finish. Based on this, the site could offer a Gross Development Value (GDV) in the region of £760,000–£840,000 (subject to planning, design, and market conditions).This presents an excellent opportunity for developers seeking a site with scope for strong resale values and potential long-term rental demand.Bacup is well-positioned within the Rossendale Valley with direct access via the A671 to Rochdale, Burnley, and Manchester. The area has strong demand for affordable housing and rental property, making it an attractive location for residential development and investment.
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Greenhill Garage Plus Land At Rochdale Road, Bacup

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Edward Mellor - Auction 65-81 St Petersgate Stockport, Cheshire SK1 1DS
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