Large freehold site with planning consent for 38 homes, sold per plot.
Full planning for 20 three-bed townhouses and 18 apartments
A large freehold development site in central Leigh offered with full planning permission for 20 three-bedroom townhouses and the conversion/extension of an existing gymnasium into 18 one- and two-bedroom apartments (Wigan planning ref A/22/94743/MAJOR). The townhouse scheme proposes three-storey homes of about 104 sqm GIA each, designed to sit sympathetically with local historic buildings. The vendor will sell the plots separately or together; the advertised price is shown per plot.
This opportunity suits a developer or investor targeting resale or build-to-rent. An independent June 2023 valuation modelled townhouse values around £225,000 each (mid/end variance), giving an indicative GDV of c. £4.32m for the 20 houses. The scheme benefits from no Section 106 or affordable housing requirement, simplifying delivery and improving headline returns.
Practical considerations: the site is partly cleared but includes a derelict historic gymnasium that must be converted under the approved scheme — works and retention obligations for that building are required. The location is in a very deprived area with local market constraints; this increases delivery risk and may affect sales velocity and pricing despite central town location and improving nearby regeneration.
In short, this is a brownfield development with clear planning consent and a strong headline GDV, best suited to experienced developers or investors who can manage conversion of a heritage building and navigate sales or lettings in a constrained local market.