Freehold town-centre site with permission for 26 apartments — investor/developer opportunity..
- Planning permission granted for 26 apartments (Ref: SMD/2016/0412)
- Freehold site with associated on-site parking
- Large town-centre plot near Peak District access
- Excellent mobile signal and fast broadband
- Area classified as deprived; high recorded crime
- Local market: 'Hampered aspiration' and constrained renters
- Nearby primaries rated Good; some secondaries require improvement
- Buyer must confirm current permission status and build costs
A substantial city-centre development site with planning permission for 26 apartments, offered freehold. Permission (Ref: SMD/2016/0412) was granted on 17 May 2017 for 10 one-bed and 16 two-bed apartments with associated on-site parking, giving a clear blueprint for a medium-density residential scheme in Leek.
The site sits close to Leek town centre with convenient access to local amenities and the Peak District edge, benefitting from excellent mobile signal and fast broadband — useful for modern rental demand. The large plot and confirmed parking provision support deliverable layouts for both blocks as indicated on the submitted plans.
Buyers should weigh the clear development upside against local socio-economic factors. The area is classified as deprived with high recorded crime and local classifications such as 'Hampered aspiration' and 'Constrained renters', which can affect rental levels, sales values and lender appetite. Several nearby primary schools are rated Good, but local secondary provision includes schools rated 'Requires improvement'.
This opportunity is suited to an investor or developer prepared to manage build costs, marketing and lettings in a challenged local market. The extant permission reduces planning risk, but buyers must verify the current validity of the 2017 consent, confirm site-specific build costs, and assess any additional remediation, design updates or conditions required before construction.
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