Seaton House was acquired in Q1 2022 and is located in the centre of Stockport and only a 7 minute walk to Stockport train station, which has a direct line to both Manchester and London. The site is also in proximity to another One Heritage development, St Petersgate.
Seaton House is an existing office building with permitted development rights which would allow conversion into 12 apartments. One Heritage have submitted a planning application to convert and extend the existing building along with a new build extension to the rear of the site. Construction is expected to start upon successful planning and take 12 months to build, with completion expected in Quarter 4 2023.
Stockport is seeing significant investment and could outperform against the broader property market due to its excellent connectivity to both London and Manchester via train, its proximity to Manchester airport, and its access to the Peak District.