REAL Estate Investment Partnerships and Hardy Mill Properties LLP have completed the purchase of Hollycroft on the corner of South Downs Road and Langham Road, Bowdon.
The site is currently home to a five bedroom bungalow property that was originally built in the 1980s.
Continuing the work Real Estate are doing in the Bowdon area, they are now looking to work up a planning application for a residential scheme on the site, which will be submitted by the end of the year.
Steve Slater, investment director at Real Estate, said: “Hollycroft is a fantastic site. It is located on one of the most desirable roads in Bowdon and I am looking forward to seeing designs from award winning architects Ollier Smurthwaite in the coming weeks."
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