Full planning for 15-bed all‑ensuite HMO (Ref: 2024/01085/FUL)
A substantial freehold opportunity in central Warrington with full planning permission (Ref: 2024/01085/FUL) to convert into a 15-bedroom all‑ensuite HMO plus a 47 sqm ground‑floor commercial unit. The property is vacant and offered for sale by online auction on 10th September 2025 (unless sold prior), presenting a ready scheme for investors and developers wanting an income-led redevelopment.
Estimated GDV is £1.3m with projected HMO rental income of c. £135,000 per annum. The site benefits from excellent transport links—Warrington Central and Bank Quay stations nearby—and high local rental demand driven by a cosmopolitan, student-heavy neighbourhood. Renders show practical communal areas (kitchen/dining and flexible lounge) suitable for tenant amenity.
The building is derelict and requires full refurbishment throughout; the sale is suited to buyers prepared to undertake a complete redevelopment. The area is classified as very deprived with very high crime levels, which should be factored into lettings strategy, management costs and insurance. The small plot and town‑centre position limit expansion but support strong walkability to amenities and services.
This is a value-add project with planning in place and vacant possession, ideal for experienced investors or developers able to manage refurbishment, tenant sourcing and ongoing management in a higher‑risk urban neighbourhood. Adjoining sites (133–135 Bridge Street) are also available in the same auction for a larger combined scheme.
