4 bed detached house for sale

Ridley Reservoir, Ridley Reservoir Merelake Road, Alsager, Staffordshire ST7

For sale by online auction on Tuesday, 27 May 2025 ending at 14:40

exciting development opportunity
Cheshire boarder

previous reservoir building


Partly converted

for sale via online auction on Monday 24th March at 1PM until Tuesday 25th March 1PM.

Auction House Staffordshire welcomes a amazing grand designs opportunity (this property has been a part of the grand designs programme previously).

Ex Reservoir building this is a project for someone with great vision, boasting over 8000 square meter property.

Set in rural part of Alsager with extensive views.

Artist impression images of potential finished project.

Development potential perfect for builder/developer or home owner looking for their family home to make their own.

Investment Snapshot:

Guide Price: £450,000

? Estimated Gross Development Value (gdv): £1.8 Million - £2.2 Million

? Development Cost: £600,000

? Estimated Profit: £750,000 - £1,150,000

Planning reference number 18/5380CTenure: See Legal Pack

Additional Fees
Buyers Premium: Administration Charge is a non-refundable £1,500 inc VAT payable on the fall of the virtual gavel.

Administration Charge - Administration Charge is a non-refundable £1,500 inc VAT payable on the fall of the virtual gavel.

Disbursments - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.