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57 Watson Terrace, Drongan KA6 8 bed property with land for sale
57 Watson Terrace, Drongan KA6
£75,000
57 Watson Terrace, Drongan KA6
£75,000
Our Summary
- We are excited to present this excellent development opportunity in Drongan, Ayr * Approved Planning Permission for 4 Dwellings ** 10, Farrell Crescent, Drongan, Ayr KA6 7EQ previously sold for £183,000 in 2017, 12, Torrance Drive, Drongan, Ayr, Ayrshire KA6 7ER previously sold for £170,000 in 2024 *For rental purposes, the properties, once developed could potentially attract £1200 - £1300 p/m
- This could return an exceptional gross yield if achieved for the guide priceSure to appeal to shrewd developers looking for a brilliant development opportunity in an excellent location
- Planning * Approved * to build 4 three-bedroom properties with two parking spaces each
- Property is located near a whole host of local amenities and located less than 10 miles from Ayr town centre with excellent transport links to Greater Glasgow - *PRIME LOCATION*New Entry: Attractive development opportunity at the site of St Clares Church, Drongan in AyrshireSee East Ayrshire council website for planning application:'Proposed demolition of existing church building and erection of 4 new houses'Ref - 24/0573/PPLocal sales evidence:* 10, Farrell Crescent, Drongan, Ayr KA6 7EQ previously sold for £183,000, 12, Torrance Drive, Drongan, Ayr, Ayrshire KA6 7ERpreviously sold for £170,000*St Clares Church has been approved for demolishing by East Ayrshire council, with approved plans for the erection Four 3 bedroom properties in its place, with 2 carpark spaces each*EXCELLENT SITE WITH VAST AMOUNTS OF POTENTIAL *The Gross Development Value (GDV) of this plot is projected to be around £750,000
- *PRICED TO ENSURE A QUICK AUCTION SALE
- *Would suit keen developers looking for an attractive development opportunity
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- Sure to appeal to shrewd developers looking for a brilliant development opportunity in an excellent location
- We are excited to present this excellent development opportunity in Ayr * Approved Planning Permission *
Description
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Here is a summary of the property description in a single paragraph:
A rare development opportunity is presented in Drongan, Ayr, with approved planning permission to build four three-bedroom properties on the site of St. Clare's Church. The property was previously sold for £183,000 in 2017 and £170,000 in 2024, and could potentially attract £1200-£1300 per month in rental income, returning an exceptional gross yield. The site is located near local amenities and is less than 10 miles from Ayr town centre, with excellent transport links to Greater Glasgow. The property has a projected Gross Development Value of £750,000, making it an attractive opportunity for shrewd developers and investors looking for a rare chance to reinvigorate a historic site with potential for capital growth. The property is priced to ensure a quick auction sale and is open to immediate offers.