JUST ONE LOT REMAINING!
Land for Sale in Wilmslow, Greater Manchester
Land at Bolshaw Farm, Bolshaw Farm Lane, Heald Green, Cheadle, SK8 3JZ
Investment land for sale with development potential close to Cheadle, Stockport, Manchester, the A555 and M56 & M60 motorways
Why buy land for sale in Wilmslow, Greater Manchester?
A rare opportunity to purchase this strategic parcel of investment land for sale totalling approximately 48 acres close to existing housing and residential development. Currently in agricultural use the land has strong development potential and is available as a whole or in lots.
The site is superbly located within the south side of Greater Manchester between the affluent and thriving towns of Wilmslow and Cheadle, close to the current A555 Manchester Airport Eastern Link Road.
A proportion of the land for sale features within the Local Plan for the proposed extension of the A555 Manchester Airport Link Road, which has recently been granted a £165m boost in government funding by the Secretary of State for Transport.
This relief road project has been welcomed by local politicians and business leaders and is important to improving access to the Airport and relieving traffic congestion.
It is considered that this relief road extension may open up the reasonable prospect of securing planning consent on the land. Given its location, catchment area and connectivity, the site has been considered as a potential area for residential and / or commercial development in the medium to long term.
Buying land for sale in Wilmslow, Greater Manchester
The land for sale in Wilmslow is available freehold with no overage payments as a whole or in lots.
| Lot 5e: | 6.16 acres | Guide Price: £63,000 |
| LAST LOT REMAINING - 11 LOTS ALREADY SOLD! | ||
Access
Access to the site is off the well constructed and maintained Bolshaw Farm Lane via a securely gated entrance area. It is intended that Bolshaw Farm Lane will be adopted under a Section 38 agreement.
There is also potential to create new accesses into Lot 5d off Clay Lane to the south.
Land Prices
English farmland values rose by 3% in the fourth quarter of 2009 taking annual growth to 6.8%, according to the latest results of the Knight Frank Farmland Index.
Farmland prices increased by 164% during the last decade, compared with growth of 37% for prime country houses, 113% for prime residential property in Central London and a 22% drop in the value of the FTSE 100 share index.
The amount of farmland publicly advertised for sale in 2009 fell by almost 30% and this shortage of supply is helping to push up values as demand remains buoyant.
Farmland values are predicted to continue increasing this decade and could double in value again.
RICS Rural Land Market Survey H2 2009
The latest RICS Rural Land Market Survey reports that exceptionally low supply and rising demand for farmland has boosted land prices and expectations. In the North West land prices increased by 9% on average in the second half of 2009.
The consensus amongst surveyors is that a very thin market is likely to persist during 2010 and this in turn is expected to drive farmland prices even higher. Furthermore, with interest rates expected to remain low for the foreseeable period, there is increasing interest in farmland from non-commercial buyers seeking higher returns on alternative assets.
(Source: RICS Rural Market Survey H2 2009, 09 Feb 2010)
Housing Need
According to the Stockport Council’s Housing Need Study published in September 2008, there is a significant need and shortfall of affordable housing in the Borough.
It reports that after allowing for existing stock, there will be a total annual affordable housing shortfall of 519 units.
Based on the average supply of 50 units over the last two years, the level of annual shortfall is over 10 times the number of units built, resulting in growing levels of unmet need each year.
Land supply is crucial to the provision of housing. There are currently competing demands from both the housing and economic development sectors which is putting pressure on the green belt.
Development in the Area
The land forms part of Bolshaw Farm which has benefitted from the recent conversion and development of residential dwellings.
Map & directions to the land for sale in Wilmslow, Greater Manchester
Location
- 0.8 miles to Handforth
- 2.1 miles to Wilmslow
- 2.8 miles to Bramhall
- 3.6 miles to Stockport
- 5.4 miles to Altrincham
- 7.9 miles to Macclesfield
- 8.4 miles to Manchester City Centre
The site is situated to the west of the B5358 Wilmslow Road, close to its intersection with the A555 and leads onto the A34, providing easy travel into the heart of Manchester.
The location of the site currently separates the residential areas of Cheadle to the north from Handforth to the south.
The town of Cheadle is thriving as due to its location near the southern tip of Greater Manchester. The excellent local infrastructure accommodates for all needs including; Styal Train Station offering direct travel into Manchester, the M56 and M60 motorways and Manchester Airport.
The local area is booming with local shops, supermarkets and other local amenities; whilst the schooling in the area is well above the national average in all academic required examination results.
The nearby villages of Alderley Edge and Wilmslow are well known locations for footballers residences highlighting the wealth in the area.
Travel & Transport Links
- 0.2 miles to the B5358
- 0.3 miles to the A555
- 0.9 miles to Styal Train Station*
- 1.1 miles to the A34
- 1.8 miles to Manchester Airport
- 2.8 miles to Junction 5 of the M56
- 2.8 miles to Junction 6 of the M60
- 8.6 miles to Junction 19 of the M6
* Journey Times: 5 mins to Manchester Airport; 29 mins to Crewe; 31 mins to Manchester
Planning
The site is allocated within the Macclesfield Local Plan as being part of the North Cheshire Green Belt.
A proportion of the land is safeguarded within the Local Plan for the proposed extension of the A555 Manchester Airport Eastern Link Road.
It is considered that reallocation of the land may be pursued through the Local Development Framework review process and, subject to progress of the proposed Manchester Airport Eastern Link Road extension, that there is a reasonable prospect of securing further planning consent on the land in the medium to long term.
For more information on the A555 Relief Road Project please download the full PDF Sales Particulars.
Any development would be subject to planning consent.
Local Authority
| Stockport Metropolitan Borough Council Town Hall Edward Street Stockport SK1 3XE |
Cheshire East Council Westfields, Middlewich Road Sandbach Cheshire CW11 1HZ |
Method of Sale
The land is for sale freehold by private treaty, sold with vacant possession and with no overage payments.
Viewing the land for sale in Wilmslow, Greater Manchester
To arrange a site visit or to buy the land for sale in Wilmslow, Greater Manchester; please call 01727 817480 or email enquiries@vantageland.co.uk.
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The Property Misdescriptions Act 1991
Vantage Land Limited has produced these particulars in good faith but cannot guarantee total accuracy. Sizes and distances are approximate. Purchasers should verify any detail of importance prior to viewing and purchase. The particulars are not an offer or contract. Comments made in general advertising may not apply to this particular property and of course planning permission cannot be guaranteed.
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