Written by: Edward Feather on 20th November 2024
The former Seymour care home on North Road in Manchester, close to Manchester City’s Etihad Campus, is to go up for auction next month with a £750,000 guide price.
The extensive property, which stands on a site of almost half an acre, will feature among 150 other properties and plots of land in the next online auction to be held by Pugh, part of Eddisons, on 4 December.
The former residential care home, which closed recently, has 23 bedrooms as well as a range of reception rooms and offices and auctioneers say it has potential for redevelopment.
“We’ve had a lot of interest in this property because it’s a great investment opportunity, said Ed Feather, a director at auction house Pugh. “The location is unrivalled really, just a mile from the Etihad, which regularly attracts capacity crowds of more than 53,000, and employs almost 900 people.”
He added: “Of course, relevant planning consent would have to be secured for any change of use but there are a range of potential different uses for this property, and the large site it stands on, that would maximise the benefits of its location, including redevelopment as residential accommodation.”
The Etihad Campus is currently undergoing a £300m expansion programme that will increase capacity to 61,000 and is due for completion in 2026.
The next Pugh auction, which includes the former care home on North Road in Clayton, Manchester, has new lots added daily and will be held on 4 December at www.pugh-auctions.com.
Written by: Edward Feather on 20th November 2024
Edward is an experienced property auctioneer with over 15 years' property auction experience and considerable knowledge of the North West property market.
Edward joined Pugh & Co in September 2018 from SDL Auctions in Chester. He was also a Director at the Cheshire and North Wales franchise of the Auction House business, based at estate agent Humphreys in Chester, before its acquisition by SDL in 2016.
