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Land for sale
Littlemill Place, By Ayr KA6
£25,000
Littlemill Place, By Ayr KA6
£25,000
Our Summary
- Rarely available building plot which will appeal to self-builders and developers alike
- This rare plot historically offered planning permission for a variety of builds; 4x 3 bed houses or a construction of 10 flatted units
- 29-acre plot had previous planning permission for four, 3-bedroom, dwelling houses to be built, or alternatively 10 flatted units
- Lapsed Planning Permission 06/0402/OL
- This is an excellent opportunity for a small developer or self-builder looking to build their own property, in a substantial building plot
- 29-acre plot has historic planning permission that is likely to be re-distributed for the erection of multiple, luxurious dwelling's with associated access roads, parking and garden ground
- Excellent sales comparable for similar sized properties, making this a great development opportunity: * The Beeches, Littlemill, Rankinston, Ayr KA6 7HJ sold for £300,000 in April 2022, Seaview House, Kerse Terrace, Rankinston, Ayr KA6 7HG sold for £350,000 in December 2020* GDV for 4 houses £1,150,000 approximately, GDV for 10 flats £950,000
- * Historically, outline planning consent was granted in respect of the demolition of the existing building and the construction of a total of 4 x 3 bed houses thereon
- These planning consents have since lapsed however within the East Ayrshire Local Development Plan the site is zoned for residential use under Reference 353H with an indicative capacity of 10
- Land is due for auction in our upcoming timed online auction
Description
A rare opportunity to purchase a substantial building plot in a peaceful location, conveniently situated near the vibrant town of Drongan. The plot has historic planning permission for the construction of multiple luxurious dwelling houses or flatted units, with an approximate GDV of £1.15 million for 4 houses or £950,000 for 10 flats. The plot is large enough to accommodate a spacious and private detached property, with landscaped gardens and outdoor living spaces. The site is easily accessible via a well-maintained road and is sure to appeal to a variety of buyers and developers, including self-builders and small developers. The sales comparable for similar sized properties in the area is impressive, making this a great development opportunity.