Initial price	£400,000
13/06/25	£350,000
07/08/25	£299,000
Price Change	-25.25%

A unique development opportunity is being offered for auction, featuring a grand reservoir building in rural Alsager, Cheshire. The property, which has been featured on Grand Designs, boasts over 8,000 square meters of space and offers extensive views. With a guide price of £450,000, the estimated gross development value is £1.8-2.2 million, with a development cost of £600,000 and an estimated profit of £750,000-£1.15 million. The property requires renovation and development, making it an ideal project for a builder/developer or a homeowner looking to create their dream family home. The auction is scheduled for September 29-30, and interested parties can contact Auction House Staffordshire for viewings.