Prime town-centre plot with large-scale residential potential for experienced developers.
Full planning permission for 220 apartments (Ref: 64665/FUL)
An expansive town-centre development site in Hanley with full planning permission for 220 apartments (Ref: 64665/FUL, granted 25/11/2020). The 0.56-acre plot sits across three freehold titles and fronts Glass Street, placing future residents within easy walking distance of the Potteries shopping centre and major town-centre amenities.
Projected development value is in the region of £25M with an estimated rental income quoted around £150,000 per month. The site offers clear scale and delivery potential for a residential developer or forward investor ready to build a multi‑storey apartment scheme with immediate planning certainty.
There are material considerations: the location scores very high for recorded crime and is in a very deprived area, which will affect tenant mix and management strategy. Broadband speeds are reported as very slow locally. A buyer’s premium of 1% + VAT (minimums and staged payments apply) is payable on completion via auction sale terms.
This is a specialist opportunity for developers or investors who can manage town-centre regeneration risks and deliver a large-scale build. Detailed development plans and title information are available and recommended for pre-purchase due diligence.
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