Springfield, Sandy Lane, Mawdesley, L40 2QB

A unique development / commercial investment opportunity.


receptions 3   bathrooms 2    5 bedrooms 5

  • Commercial / development opportunity
  • 5 acres of land with various outbuildings
  • 3 bedroom semi-detached house
  • 2 bedroom bungalow
  • Large commercial unit
  • All 3 properties currently let
  • Rental income £47,040 per annum
  • Potential for building plot (STPP)

Enviably located on a little-known lane in a pretty semi-rural setting that is just a short walk away from the village of Mawdesley we are delighted to offer for sale what is undoubtedly a unique "once in a lifetime" opportunity to purchase an amazing commercial investment / development opportunity.

Springfield is an eye-catching traditional detached house set back on Sandy Lane that was originally one large detached dwelling with bungalow annex but has been subsequently renovated, remodelled and split into two completely separate dwellings. It is now a 3 bed semi-detached house (Springfield) which has an attached semi-detached cottage bungalow (Laburnum Cottage) with paddock style garden that are both currently let out and achieving a combined income of £1,420 PCM (£17,040 PA).

The house and bungalow could be converted back easily with scope for further extensions to create one stunning family home.

The sale also includes a large commercial building totalling nearly 7,000 square feet comprising of office space, meeting rooms, kitchen staff room, workshop and store that is adjacent to the house. The whole lot sits on approximately 5 acres in total with various outbuildings etc that are generally is disrepair but offer development potential. The commercial building is currently let to a business on a short term lease meaning that it could be available for immediate occupation. They currently pay £2500 PCM.

Altogether that is possible rental income of £47,040 per annum providing a healthy yield of 5.8% (based on the purchase price of £800,000)

The land is flat and boasts perimeter fencing, a large tarmac carpark and extensive hardstanding. This land in our opinion offers potential for a building plot.

Offers are invited with a low reserve of just £800,000 for the lot.


FLOORPLAN

Floorplans For Sandy Lane, Mawdesley, L40 2QB Floorplans For Sandy Lane, Mawdesley, L40 2QB Floorplans For Sandy Lane, Mawdesley, L40 2QB

MAP & STREETVIEW

Council Band A Band B Band C Band D Band E Band F Band G Band H  
Wigan Council £912.44 £1,064.51 £1,216.58 £1,378.40 £1,672.80 £1,976.95 £2,281.10 £2,737.32 Website
West Lancashire £1,001.18 £1,168.05 £1,334.92 £1,501.77 £1,835.49 £2,169.23 £2,502.95 £3,003.54 Website
South Ribble Borough Council £1,014.34 £1,183.41 £1,352.47 £1,521.52 £1,859.63 £2,197.76 £2,535.86 £3,043.04 Website
Chorley Borough Council £1,003.58 £1,170.85 £1,338.11 £1,505.37 £1,839.89 £2,174.43 £2,508.95 £3,010.74 Website

All council Tax Bandings are indicatory. Please check the precise banding for a property of interest.

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